Global luxury industry to be worth €490bn by 2020, report says
The company expects growth in the sector to be driven by emerging markets and the development of online channels.“Trends in the luxury sector are changing rapidly, driven by…
H&M defends Bangladesh factory links, calls for talks
The company, along with other big name retailers, has been on the receiving end of negative publicity over its dealings with such factories but said in its defence…
Lucy & Yak launches buyback scheme
Designed to keep clothes in circulation for longer, the retailer’s scheme is offering vouchers of up to £20 off future purchases with the brand when returning any pre-loved…
Long Tall Sally data shows disconnect between industry standards and women’s shapes
The company said it has come up with 10 new body shape illustrations based on new data that “supports the movement to expand body shape definitions”.The term ‘pear-shaped’…
Second-hand watch market could be worth CHF35 billion by 2030, says Deloitte
The second-hand watch market’s value is said to be currently in the region of CHF20 billion, and by 2030 it could be worth more than half of the…
Probe into 14-year-old Russian model’s death in China
Investigators in the Perm region where Vlada Dzyuba lived are looking in to whether her death was caused by negligence, TASS state news agency reported, citing regional investigators.She…
Trade war threatens reign of luxury stocks
From pricey handbags to designer shoes, booming sales at the European companies that dominate the industry like Louis Vuitton owner LVMH and Gucci parent Kering have made them…
Thai shoppers get creative after plastic bag ban
The restriction, introduced at the start of the new year by several major mall operators and the ubiquitous 7-Eleven convenience stores, was a victory for environmental campaigners in…
Italy’s OVS to stop business with Myanmar suppliers discriminating against workers
“Given the modest size of current production (in Myanmar) OVS could easily abandon the country, however it will keep its limited presence,” the group said in a statement.The…
ABN Amro report- ‘Retailers can make a difference with shop-in-shops’
Shop-in-shops offer a combination of products that surprises the consumer, which leads to curiosity. At the same time it offers the possibility to fulfill multiple needs with one…