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Ikea store owner eyes more price cuts as some input costs ease

Ikea store owner eyes more price cuts as some input costs ease

Ingka Group, the owner of most IKEA furniture stores, is planning additional price cuts as some input costs ease, its retail manager told Reuters on Monday.
Lifestyle
Louis Vuitton tests its first home store in Shanghai

Louis Vuitton tests its first home store in Shanghai

Louis Vuitton announced on Friday the opening of a furniture and interior design store in Shanghai, a first for the French luxury brand.
Luxury
Fila appoints Torsten Hochstetter as global head of design

Fila appoints Torsten Hochstetter as global head of design

The long-established Italian sportswear brand has appointed Torsten Hochstetter as global head of design. A recognised expert in fashion and sportswear, Hochstetter has worked for eight years at Puma and 15 at Adidas.
Lifestyle
New York City chef Maureen Cavalieri expands oeuvre to curated sustainably minded gift boxes

New York City chef Maureen Cavalieri expands oeuvre to curated sustainably minded gift boxes

After a career cooking for celebrities, this Manhattan chef is adding another outlet for her creativity: eco-conscious gift-giving.
Fashion
Off-White Equipment c/o Helinox launches

Off-White Equipment c/o Helinox launches

Off-White has teamed up with Helinox, the brand that created the category of lightweight, portable furniture, to introduce the Off-White Equipment c/o Helinox collection. 
Fashion
Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse

Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse

Meta Platforms Chief Executive Mark Zuckerberg told employees that WhatsApp and Messenger would drive the company's next wave of sales growth, as he sought to assuage concerns about Meta after its first mass layoffs.
Fashion
Balenciaga Objects introduces limited-edition items for the home, pets and more

Balenciaga Objects introduces limited-edition items for the home, pets and more

Balenciaga announced on Wednesday the launch of Balenciaga Objects, introducing dozens of new products ranging from homeware, petwear and scent. 
Luxury
TJX lifts sales forecast on demand for discounted apparel

TJX lifts sales forecast on demand for discounted apparel

TJX Cos Inc raised annual same-store sales forecast and beat quarterly profit estimates on Wednesday, as cash-strapped consumers turn to the discount store for affordable items ahead of the crucial holiday season. 
Fashion
True Religion names Tina Blake head of women’s design and brand image

True Religion names Tina Blake head of women’s design and brand image

American denim and sportswear brand True Religion announced on Wednesday the appointment of Tina Blake as senior vice president, women’s design and brand image. 
Fashion
M&S sales growth continues, but it warns of tough year to come

M&S sales growth continues, but it warns of tough year to come

​M&S’s half-year results on Wednesday showed that the recovering retail giant continues to make progress as it reported higher sales for the half to 1 October. 
Fashion
Inter IKEA posts 45% profit fall on costs, Russia

Inter IKEA posts 45% profit fall on costs, Russia

IKEA franchiser Inter IKEA posted a 45% fall in pre-tax profit for the year through August to 931 million euros ($908 million) as it passed on some, but not all, costs to store owners.
Lifestyle
Instagram looking into issues after user complaints

Instagram looking into issues after user complaints

Meta Platforms Inc's Instagram said on Monday it was looking into an issue preventing thousands of its users from accessing the photo-sharing application.
Fashion
Philipp Plein announces plans to open 300 Plein Sport stores

Philipp Plein announces plans to open 300 Plein Sport stores

Present at the High Point furniture fair in North Carolina, German entrepreneur Philipp Plein presented his new interior design collection and announced the opening of 300 Plein Sport stores in the next three years. 
Fashion
UK's Made.com terminates talks with interested parties for potential sale

UK's Made.com terminates talks with interested parties for potential sale

British online furniture retailer Made.com Group said on Tuesday talks with a number of interested parties for a potential sale of the company have been terminated after they were unable to meet the timetable.
Lifestyle
Affluent splash out on pricey Birkin bags but clouds loom

Affluent splash out on pricey Birkin bags but clouds loom

Brushing off higher prices, affluent spenders are continuing to splash out on luxuries including $10,000 handbags and high-end perfumes, trading updates from Hermes, Kering, and L'Oreal showed on Thursday.  
Luxury
& Other Stories, Arket to open Stockholm stores

& Other Stories, Arket to open Stockholm stores

​Sweden’s H&M Group continues to open new stores around the world but for its latest two, it’s looking much closer to home. & Other Stories and Arket are both set to open new locations in Sweden’s capital, Stockholm.
Fashion