Hong Kong continues leading the ranking of the most attractive cities to open a store in the world, according to real estate services firm Cbre. Dubai and Taipei occupy the second and third position, respectively.
The international fashion business shows symptoms of an illness: a halted global evolution, sales’ fall in mature markets and a downgraded position in consumer priorities. The giants are reinventing themselves to attract a consumer who has fallen out of love with clothes.
Tsutomu Okuda, chairman and CEO of Japanese group J. Front Retailing, owner of department store chains Daimaru and Parco, assures that there is only room for one store for every million consumers.
Ahrendts worked the miracle on the British brand, joined Apple and now enters Ralph Lauren’s board to give back the brand its old splendour after years of restructuring.
News, analysis and interviews on the key actors of the fashion business