House of Fraser kept everybody who is following the story of its CVA plans on tenterhooks Wednesday with the expected update not materialising by close of business but rumours suggested over half its stores will close.
Alibaba Group Holding Ltd's logistics affiliate said on Wednesday that it would lead a joint venture to invest $1.53 billion in a new logistics centre at Hong Kong's airport to expand its global delivery network.
Canada’s Hudson’s Bay Co. confirmed on Tuesday it would sell its unprofitable online banner Gilt and said it would close up to 10 Lord & Taylor stores, including its Manhattan flagship, as its quarterly loss widened.
RetailerJoe Browns said Tuesday that its first-ever physical store has “opened the door for new opportunities” and has seen more than £1.25 million worth of sales in its first seven months of trading.
Sephora is celebrating its 20th anniversary with a 2-day immersive beauty event this fall in LA. "Sephoria House of Beauty" will offer digital and physical activations for the retailer's top 50 prestige beauty brands.