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Starbucks opens state-of-the-art premium reserve roastery in Shanghai

Starbucks Reserve Roastery in Shanghai, the first fully immersive coffee experience in Asia, will celebrate its historic opening on December 6, culminating in Starbucks most ambitious project ever. When the doors open to the world’s second Starbucks Roastery, created...

Online retail giant Amazon enters Australian market

Online US retail giant Amazon has officially launched operations in Australia on Tuesday, with the brand looking to make an impact in the lead up to the busy Christmas period. Their 24,000-square-meter warehouse in the outskirts of Melbourne will offer...

Toys'R'Us to shut 26 stores in UK

Struggling retailer Toys'R'Us has confirmed plans to close a quarter of its stores, putting up to 800 jobs at risk. At least 26 of the 84 Toys'R'Us’s vast warehouse-style shops are to be closed. The company has 105 shops in...

Victoria Beckham's fashion biz raises £30m private equity investment

Victoria Beckham’s fashion business has received a cash injection of £30m from an investment firm spearheaded by the man behind the rise of French bakery Paul in the UK. The injection by Neo Investment Partners, which is led by David...

Carl F. Bucherer opens first boutique in Shanghai

Swiss luxury watch manufacturer Carl F. Bucherer has opened an exclusive monobrand boutique at Nanjing West Road 1045, Shanghai. Located in the heart of the vibrant metropolis, the boutique offers clients a unique brand experience and a wonderful collection of...

Australian retailers prepare for battle with Amazon

Major Australian retailers have come out fighting as American e-commerce giant Amazon prepares to launch its operations in the country. Woolworths, whose main operations include supermarkets, liquor retailing and discount department stores, has said it will step up its own...

Tiffany's opens cafe at its Fifth Avenue outlet

The New York-based Tiffany & Co. jewelry chain has opened a restaurant The Blue Box Cafe at its flagship Fifth Avenue location in Manhattan. Its first-ever retail concept will serve American classics that change with the season. The iconic Tiffany Blue...

Starbucks first store in Jamaica honors country’s rich heritage

Starbucks today opened its first store in Jamaica and entered its 76th market globally, marking a historic milestone for the global coffee company’s Caribbean operations and its storied history of sourcing the highest quality coffee from the region going...

First Tom Ford beauty store opens in London

Debuting on November 20, 2017, the first Tom Ford beauty standalone store is the ultimate in luxury beauté, expressed through Tom Ford’s singular vision. Located in historic Covent Garden (3 The Market Building) this store is a pivotal moment...

Alibaba Group, Auchan Retail and Ruentex form new retail strategic alliance

Alibaba Group Holding Limited, Auchan Retail and Ruentex Group has announced a strategic alliance that brings together their online and offline expertise to explore new retail opportunities in China’s food retail sector. As part of this strategic alliance, Alibaba Group...

Fashion mogul Paul Smith says the key to success in business is to not be snobby

Veteran fashion designer Paul Smith thinks the key to success is to not be 'snobby'. Smith, 71, has been a part of the fashion business for over five decades, and the mogul thinks designers should not act as if they...

Levi Strauss & Co to open new store at New York City's Times Square in 2018

Levi Strauss & Co has announced a new Levi’s flagship store in New York City’s Times Square at 1535 Broadway, in the heart of the city’s shopping and entertainment district. The store is expected to open in late 2018...

Calvin Klein announces holiday retail experience with Amazon Fashion

Calvin Klein, a wholly owned subsidiary of PVH Corp, and Amazon Fashion announced the Calvin Klein X Amazon Fashion holiday retail experience, available for customers to shop now through December 31. The experience will include pop-up shops in New...

Alibaba's Singles' Day fest sale hits US $25bn

The Chinese e-commerce major Alibaba grossed over US $25 billion in its 24-hour long 11.11 Global Shopping Festival on Saturday. The company sold US $25.38 billion (168.2 billion Chinese Yuan) worth of goods within 24 hours of its annual sales...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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