Retail

Latest developments across the fashion retail sector

As store re-opening begins, brands and retailers globally are having to think on their feet and adapt quickly to a radically new world of physical retail. All experiential aspects are up for revision from safety, hygiene and in-queue entertainment challenges, to utilising VR in place of make-over beauty stations or changing rooms. These are...

10 Jul 2020

Business Interview

Anna Meyfarth: “TikTok isn’t like the picture perfect world of Instagram”

As younger generations spend increasingly more time online, one social media platform has been catching the attention of everyone: TikTok. But what do fashion brands have to do to grow their presence on the app? The Chinese-owned short-video platform has such addictive qualities that teenagers and young adults find themselves scrolling through...

10 Jul 2020

Business

Fast Retailing lowers full year outlook, sees around 50 percent profit decline

The Fast Retailing Group’s consolidated revenue for the first nine months, totalled 1.5449 trillion yen, down 15.2 percent and operating profit totalled 132.3 billion yen, down 46.6 percent caused primarily by the impact of Covid-19, which the company said, spurred its decision to either temporarily close or introduce shorter opening hours for...

10 Jul 2020

Fashion

Pros weigh in on digital fashion week: "Runways can't reopen soon enough"

Video may have killed the radio star, but on the reaction to the first ever digital Paris fashion week, the queens of the catwalk can breathe easy. Forced online for the first time in its history by the coronavirus pandemic, brands both in haute couture and the Paris men's fashion week presented videos of their collections instead. While some...

10 Jul 2020

More News