Department Store news and archive

Harvey Nichols launches new wellness destination

Luxury department store Harvey Nichols has launched a new wellness destination on the fourth floor of the Knightsbridge store, as part of the ongoing evolution of its flagship to “reflect the changing priorities of modern luxury customers”. The renovated floor aims to offer an “holistic approach to modern wellbeing,” bringing together fashion,...

Featured

Retail|Interview

Retail reset: Why Gen Z is forcing a rethink of stores, space and strategy

The US retail landscape is undergoing a structural reset. From the bankruptcy of Saks Global to real estate downsizing and the reinvention of New York’s Fifth Avenue, the sector is shifting away from scale in favour of precision. At the same time, the evolution of mixed-use developments and experiential retail hubs is redefining how physical...

Retail

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...

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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,...

Member

Business

Shoppers Stop shares slump as premiumisation fails to offset profit hit

The Indian multi-brand retailer Shoppers Stop has announced its financial results for the third quarter and nine months ended December 31, 2025. Despite a strategic shift towards high-end offerings and experiential retail, the company faced significant market pressure following the release of its latest earnings report. Shoppers Stop’s stock...

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Retail

A look inside Galeries Lafayette's first department store in India

The opening of this first Galeries Lafayette in India, developed as a franchise with Aditya Birla Fashion & Retail (ABFRL), a subsidiary of the global conglomerate Aditya Birla Group, was announced in October 2025. It is part of the Galeries Lafayette group's desire to establish itself as a leading destination to promote the French 'Art de...

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Business

Shoppers Stop reports improved Q2 FY26 financial results

Shoppers Stop Ltd., a leading Indian department store, has announced its financial results for the second quarter of fiscal year 2026 (Q2 FY26), demonstrating sustained growth in its core business and new ventures despite macroeconomic challenges. The company reported consolidated net loss of 20.1 crore (2.29 million dollars) for the quarter...