Department store numbers have plummeted in England over the last decade. And it looks like they'll continue to fall as House of Fraser prepares to shut a number of stores and as Debenhams also plans closures.
Luxury lingerie brand Coco de Mer is growing as it approaches the end of its first year under independent ownership with its wholesale business rising 150% and plans laid for interesting new collaborations.
Victoria's Secret will open a flagship store in Melbourne by year end, which will see the US lingerie giant stock its entire apparel, intimates and beauty range for the first time under one retail roof in Australia.
The Chinese e-commerce platform is planning to strengthen its position as a top destination for millennial consumers whose purchasing power and willingness to spend exceeds that of previous generations.
UK retail had a better time in April yet not everybody was happy as department stores proved to be the main sector that was struggling. At least fashion had a better time of it than in the first few months of the year.
The House of Fraser plan to downsize its store numbers and rationalise its remaining space looks like it will be going to the heart of its operation with even its Oxford Street, London flagship not immune.