Department Store news and archive

Galeries Lafayette aims to become world leader in department stores by 2030

Paris - Building on “solid performance” in a “complex environment”, the Galeries Lafayette group announced on Wednesday an investment plan of 260 million euros by 2030. The company has the ambition of making its Parisian flagship on Boulevard Haussmann the “world's leading department store”. The historic brand has an international presence with...

Retail

House of Fraser rebands to Frasers in premium retail push

Frasers Group’s flagship retailer House of Fraser is undergoing a rebrand as it pursues a rejuvenated positioning in the retail market. The group has renamed the department store chain to ‘Frasers’, reflecting a continued pivot towards establishing a more premium fashion and lifestyle experience. According to a press release, the rebrand builds...

Fairs

At Scoop, Printemps buyers talk balancing creativity and commercialty in fashion retail

Within Scoop’s new Fireside Chat programme, buyers shared insights into the inner workings of their evolving roles among leading fashion retailers. The schedule was a newly introduced feature for the trade show’s February 2026, intended to expand the event beyond simply serving as a buying platform to encourage reflection and meaningful industry...

Fairs

Scoop's Fireside Chats: Fenwick buyer Melanie Westwood discusses modern retail challenges

Scoop rounded up its February 2026 edition this week, hailing solid attendance from buyers and a sense of optimism from exhibitors. This season saw the introduction of a new Fireside Chats programme, which saw Scoop director Karen Radley host a series of talks with buyers to address the reality of business in the present day. One of these talks...

Fairs

Spring Fair: Morleys’ new CEO talks the reopening of Jolly’s Bath store

Ahead of the reopening of Jolly’s store in Bath, the new chief executive of Morleys took to the stage of Spring Fair to discuss his vision for the future of the department store. Ray Clacher, who took up the helm of the group on January 5, spoke on the evolving role of these retail formats and how he intends to channel this into a transformed...

Featured

Retail

Brookfield Asset Management: How “Canadian Warren Buffett” became new owner of BHV Marais

The iconic Bazar de l’Hôtel de Ville, with its 45,000 square metres and glass rotunda opposite Paris city hall, officially changed property owner on January 28, 2026. For an estimated sum of nearly 300 million euros, investment firm Brookfield Asset Management acquired the department store's building from the Galeries Lafayette group. This...

Retail

NikeSkims opens pop-ups in London and Paris

Months after its highly anticipated launch, NikeSkims is venturing into retail with the launch of a series of pop-up experiences, each extending its identity. The first location the brand has tapped for a temporary space is Selfridges in London, where it will host a pop-up until March 5. The site will offer a curated selection of footwear,...

Retail

Galeries Lafayette opens first store in India

The historic French department store chain Galeries Lafayette is set to open its first store in the Indian financial hub of Mumbai this November. It aims to attract the growing middle class and affluent consumers interested in luxury goods. The department store will open in a historic district of Mumbai, spanning 8,400 square metres across five...

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Business

Selfridges reports narrowed losses despite sales slump

Selfridges Retail Limited reported a 7 percent decline in revenue for the 48 weeks ended January 4, 2025, reaching 774.6 million pounds, down from 834.9 million pounds in the previous 53-week period. The upmarket department store chain, which operates four stores in the UK, including its flagship on Oxford Street, and a digital business,...

Fashion

Marks & Spencer zones in on menswear with dedicated social media channel

British department store Marks & Spencer is hoping to further tap into the menswear market through the launch of an Instagram channel dedicated to the category. According to a Kantar study cited by the retailer, it already holds a 10.4 percent market share, and is thus “doubling down on its ambition to broaden customer appeal” by targeting new...

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Business

The Breuninger case: the sale of Germany's last independent premium department store stalls

A year ago, rumours of Breuninger being up for sale surfaced. Since then, things have gone quiet. What could complicate a potential deal and which investors are even possible prospects? An analysis by Dirk Boventer, partner at the management consultancy Atreus. One year of sale intentions and no deal in sight Breuninger is considered one of the...

Retail

Maje to expand Canadian presence through Holt Renfrew partnership

SMCP’s Maje is set to expand in Canada, where it is planning to open three new stores via a partnership with luxury department retailer Holt Renfrew. As reported by WWD, the French label is opening a shop-in-shop in Toronto’s Square One Mississauga mall on August 15. This will be followed by a location in downtown Calgary, Alberta, on August 22,...