Floods in Europe and China threatened Black Friday Experts expect supply problems to worsen amid disasters at a key transport hub in the Middle Kingdom.
Rihanna made $1 billion in sales of cosmetics and underwear Forbes magazine estimated the singer's fortune at $1.7 billion.
Revenues of shopping malls and outlets reached pre-crisis levels for the first time Simon Property Group has reported 80% revenue growth compared to June 2020.
Founder of Beyond Meat advocates a meat tax The introduction of a tax would address several issues related to the growing consumption of animal meat.
Tesla stores are leaving malls Tesla stores are leaving mallsThe electric car maker is taking another blow to the position of malls that are losing tenants one-by-one.
Tallinn’s main shopping center will be auctioned off for debt The initial value of the 55,000 sq.m. complex is €85 million.
IQOS will completely shut down its store chain in the U.K. Two years after Philip Morris announced its plans to expand the British chain, it has become known of its intention to close it completely.
Saudi Arabia imposes strict measures against the unvaccinated Those who have not been vaccinated will not access public spaces, such as government offices, restaurants, and shopping malls.
Legendary department store chain Selfridges to be sold at auction – starting price £4bn The chain of luxury department stores, founded in 1909, may change ownership.
Fashion giant LVMH gets control of Virgil Ablo’s Off-White brand LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
Victoria’s Secret is abandoning malls and testing “stores of the future” The iconic lingerie brand announced its intention to open three retail outlets with a new format this autumn.
Zara has no plans to close stores and is betting on a hybrid model Amid the surge in the online retail model, Inditex is betting on a hybrid model that combines traditional stores and online ordering options.
