Value Retail, the company behind some of the world’s most successful luxury outlet centres, has launched China’s largest mobile payment method Alipay to give its Chinese consumers an easy and safe way to make payments.
Luxury may have its ups and downs but Harrods makes money regardless. The Qatar Holding-owned London landmark has turned in an eighth successive year of record profits on the back of eight years of record sales.
Chinese, Kuwaiti and Indian visitors drove a spending boom in London's West End during the summer, new figures show. And October is expected to see a repeat performance due to China's Golden Week holiday.
The Shop at Bluebird will open a lifestyle concept store on Floral Street in Covent Garden early next year, boosting the area's luxury credentials and widening its exposure to London's huge tourist traffic.
Designer Sylvie Millstein imagined a road trip through the western USA with Lauren Hutton for spring 2018, which resulted in graphics on sweaters with feminine details and an overall rock-and-roll energy.
The Laura Ashley headlines may have screamed 70% profits plunge but the news wasn't truly as bad as that. And with a renewed focus on fashion, expansion in India and e-tail growth, it's upbeat, despite big challenges.
JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.