Italy's upmarket department store chain La Rinascente expects sales in 2010 to rise by at least 5 percent as it concentrates on opening and renewing stores in its home market, a top executive said on Wednesday.
From a low-slung oriental sofa striped with Jean-Paul Gaultier's trademark sailor motif, to Fendi's new sun lounger suite in cool white hues, fashion giants are sashaying into the world of home design.
If you're one of those people who knows what it means to be flicking through a fashion magazine and suddenly coming across an amazing pair of shoes and, therefore, spending all day searching the Internet to find those wonderful pair of red platforms without luck, then Upper Street is for you.
Online sales growth will continue to outpace growth in overall retail sales in 2010 and 2011, as more shoppers use the web to save time, stretch their pennies and buy items not readily available in nearby physical stores.
The UK is the most mature market, but other countries increasingly contribute to the region's online buying clout. For example, France and Germany together boast 89 million Internet users in 2010 and the majority are online purchasers.
Actors Jessica Alba, Matthew McConaughey, model/presenter Heidi Klum plus other famous faces launch a line of school bags. Shown on Tuesday in New York they will be auctioned off online to raise funds for educational programs.
Hong Kong's retail sales rose 15.3 percent in June from a year earlier, official statistics showed Monday, with tourists from mainland China providing a boost.Total retail sales for the month hit 24.3 billion Hong Kong dollars.
Colombiamoda breaks out this year with high expectations. On Monday 26th July at the Plaza Mayor de Medellín one of the most important fashion events in Latin America opened up. It will run until July 30.
The Lustgarten Foundation, London Jewelers and David Yurman announced the creation of a David Yurman signature pendant in support of the fight against pancreatic cancer, America's fourth-leading cause of cancer deaths.