Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
real-estate
Retail
UK Retail Property Values May Be Slashed, Report Says
Values of UK shopping centers and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, according to the Sunday Times.
UK Retail Property Values May Be Slashed, Report Says
Values of UK shopping centers and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, according to the Sunday Times.
Retail
If We Built the Retail Model From Scratch, What Would It Be?
With the rise of the experience economy, retail spaces are undergoing a radical rethink of their business models — as well as their very purpose.
If We Built the Retail Model From Scratch, What Would It Be?
With the rise of the experience economy, retail spaces are undergoing a radical rethink of their business models — as well as their very purpose.
News & Analysis
The Start-Ups Behind New York's Retail Reawakening
Start-ups and pop-ups are filling storefronts abandoned by struggling chains, taking advantage of plunging rents and landlords desperate to fill long-vacant spaces.
The Start-Ups Behind New York's Retail Reawakening
Start-ups and pop-ups are filling storefronts abandoned by struggling chains, taking advantage of plunging rents and landlords desperate to fill long-vacant spaces.
News & Analysis
Build Condos Above Stores, Shareholder Tells Hudson's Bay
Condo prices are rising in many Canadian cities even as the overall market shows signs of cooling off.
Build Condos Above Stores, Shareholder Tells Hudson's Bay
Condo prices are rising in many Canadian cities even as the overall market shows signs of cooling off.
Retail
Buyer Pool Evaporates for America's Fading Malls
Only about $3 billion of retail real estate changed hands in April, a 27 percent drop from a year earlier and the lowest monthly tally since February 2013.
Buyer Pool Evaporates for America's Fading Malls
Only about $3 billion of retail real estate changed hands in April, a 27 percent drop from a year earlier and the lowest monthly tally since February 2013.
News & Analysis
Hudson's Bay Company Said to Sell Flagship Vancouver Store
The deal progresses HBC's efforts to extract value from its substantial real estate holdings as it battles a retail industry-wide slump
Hudson's Bay Company Said to Sell Flagship Vancouver Store
The deal progresses HBC's efforts to extract value from its substantial real estate holdings as it battles a retail industry-wide slump
News & Analysis
Hudson's Bay Exploring Sale of Downtown Vancouver Store
The news follows HBC's agreement last week to sell its Lord & Taylor flagship building for $850 million, as the department-store operator steps up efforts to extract value from its real estate holdings amid struggling sales.
Hudson's Bay Exploring Sale of Downtown Vancouver Store
The news follows HBC's agreement last week to sell its Lord & Taylor flagship building for $850 million, as the department-store operator steps up efforts to extract value from its real estate holdings amid struggling sales.
Retail
Hudson Bay Company’s Richard Baker Speaks on Latest Strategic Move
The Canadian retail-real estate group’s mastermind explains why selling the historic Lord & Taylor building to WeWork Property Advisors, combined with an equity investment, will free up the company to continue executing its ‘transformation plan.'
Hudson Bay Company’s Richard Baker Speaks on Latest Strategic Move
The Canadian retail-real estate group’s mastermind explains why selling the historic Lord & Taylor building to WeWork Property Advisors, combined with an equity investment, will free up the company to continue executing its ‘transformation plan.'
News & Analysis
LVMH's Plan to Turn Historic Paris Grounds into Theme Park
LVMH is to lead a €60 million plan to turn Paris's 157 year-old Jardin d'Acclimatation into one of France's top three amusement parks. LVMH has managed the park since 1984 and holds an 80 percent stake.
LVMH's Plan to Turn Historic Paris Grounds into Theme Park
LVMH is to lead a €60 million plan to turn Paris's 157 year-old Jardin d'Acclimatation into one of France's top three amusement parks. LVMH has managed the park since 1984 and holds an 80 percent stake.
Retail
Retailers Brace for New York Real Estate Apocalypse
In Manhattan’s prime retail districts, tourist traffic is down, rents are high, Trump is looming large and overstoring is about as bad as it is in Middle America. Something has got to give.
Retailers Brace for New York Real Estate Apocalypse
In Manhattan’s prime retail districts, tourist traffic is down, rents are high, Trump is looming large and overstoring is about as bad as it is in Middle America. Something has got to give.
Retail
Kohl's, Macy's Turn Landlords in Bid to Unlock Real Estate Value
The move underscores the pressing need for the two chains to better monetise their real estate assets.
Kohl's, Macy's Turn Landlords in Bid to Unlock Real Estate Value
The move underscores the pressing need for the two chains to better monetise their real estate assets.
Luxury
The End of Holiday Shopping Season As We Know It?
Amidst disruption on New York’s Fifth Avenue, discounting season has come early this year, but more and more sales are no longer a salve for the deeper problems facing retail.
The End of Holiday Shopping Season As We Know It?
Amidst disruption on New York’s Fifth Avenue, discounting season has come early this year, but more and more sales are no longer a salve for the deeper problems facing retail.
The News in Brief
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.