Swarovski Opens First Italian Flagship Store in Milan
Retail
KIKI World, a Los Angeles-based company that sells beauty products such as temporary hair paint and a liquid makeup pen, recently raised $7 million in funding from investors including New Incubation Ventures (NIV), the investment arm of Estee Lauder Inc.
Thom Browne recently collaborated with Saks Fifth Avenue, a luxury department store in the United States, to launch a limited edition capsule collection.
British luxury e-commerce site Matches is set for an administration filing, about two months after being acquired by the Frasers Group led by Mike Ashley.
Burberry, the iconic British luxury brand, has launched a new Texas store and a limited-time pop-up in California.
Urban Outfitters, Inc, which owns Urban Outfitters, Anthropologie, and Free People, recently opened a new distribution center in Raymore, Missouri, for its women’s subscription rental clothing service platform, Nuuly.
On February 5, a new H&M store opened in Soho, New York. The new H&M concept store will offer a unique and modern shopping experience, introducing fashion-forward womenswear, sophisticated styling, and North America’s first shop-in-shop featuring carefully selected pre-owned merchandise.
On February 26, when Paris Fashion Week kicks off, Issey Miyake will open a new flagship store in the 8th arrondissement of Paris.
Prada and Miu Miu ranked first and second respectively in the latest Lyst Index, the world’s hottest brands and products in the fashion industry, for the fourth quarter of 2023 (October to December).
JD.com, China’s giant e-commerce platform, has opened its first warehouse in Paris to store apparel products for its international site JD Worldwide in an effort to streamline cross-border e-commerce between Europe and China.