New York City's Upper Fifth Avenue has managed to hold onto its title as the world's most expensive shopping street, with rents on Fifth Avenue from 49th to 60th street commanding 3,500 dollars (2,303 pounds) per square foot annually. Hong Kong's Causeway Bay, the Avenue des Champs-Élysées in Paris […]

Off 5th, Saks Fifth Avenue´s off-price business, is seemingly doing very well in the United States. As the acquisition of the Galeria Holding by Saks´s parent company Hudson Bay´s Co (HBC) nears completion, the company is eyeing opportunities for expanding to Europe. “We intend on bringing Off 5th to […]

As someone who was planning a shopping trip to Paris this weekend, and canceled, you can imagine the impact on local retailers and brands, who will see their end of year sales affected after Friday's terrorist attacks. The potential cost to Paris, not to mention the rest of France and even Europe in […]

Retailers who have yet to streamline their online counterpart to reflect their offline brand need to start future proofing their business, as 20 to 25 percent of retail spend is set to be made online. According to international real estate advisor Savills latest report, retailers need to invest in developing […]

UPDATE Louis Vuitton has "strongly denied" reports that it is set to shutter up ot a fifth of its retail network in China. "As announced by LVMH Group many times, Louis Vuitton’s retail strategy in China is to optimize the quality of its store network," said the fashion house in a statement to WWD. […]

UK retail footfall was 0.2 percent lower in October than the same month last year, which meant the rate of decline was unchanged from September, according to the monthly figures released by the British Retail Consortium and Springboard. The footfall monitors shows footfall in retail park locations continued […]

Department store John Lewis has confirmed that it has agreed to anchor the revamped St James shopping centre development in Edinburgh, after dropping its objection to the proposal. John Lewis had warned that the disruption and loss of around 53,000 square foot of retail space during the building phase […]

British department store group House of Fraser (HoF) could introduce units of London's discount athletic sportswear banner Lillywhites, owned by Sports Direct. Sports Direct's deputy chairman and majority owner Mike Ashley has an 11 stake in HoF. According to the Sunday Telegraph there have been talks […]

London - French fashion house Cacharel is gearing up for its grand retail return - seven years after the closure of its final store in Paris. The label aims to redevelop a retail network of franchised stores across the globe, beginning with its return to the fashion capital of France. Cacharel, which […]

Leeds Victoria Gate 165 million pound development is set to welcome Cos, &Other Stories and Anthropologie next year, announced the owner and developer of the retail initiative Hammerson. The trio of international fashion brands are set to join the likes of Maje, John Lewis and White Company within the […]

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