Zara is diving headfirst into beauty with the launch of a complete cosmetics line conceived by British makeup artist Diane Kendal. The retailer's debut beauty offering will be available in store and online from 12 May.
German retail sales posted their biggest year-on-year increase in March since the start of the pandemic, data showed on Monday, as the relaxation of some lockdown measures boosted purchases of clothes and shoes.
Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fuelled a boom in e-commerce, a United Nations study released on Monday showed.
Ultra-luxe label Hermès has unveiled a newly transformed flagship in Beijing's China World Trade Centre. It covers two floors and more than 900 sqm with an “eye-catching façade that beckons from afar”.
China is preparing a substantial fine for Tencent as part of its sweeping antitrust clampdown on internet giants, but it is likely to be less than the $2.75 billion penalty imposed on Alibaba earlier this month.
Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.