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...This year it is likely to close more stores than it opens in numbers, but to open more in terms of revenue. It had 4,369 stores at the end of November, down from 5,076 in 2019....
...“I never believed that ecommerce would have cancelled the need for retail stores . . . only ill-prepared analysts thought so because they ignore how consumer trends have evolved throughout history,” says...
...Most importantly, they each offer something special to share with friends and family....
...“They are balancing a lot and having to make trade-offs to meet the needs of their families . . . We expect consumers will remain highly value conscious.”...
...Cools’ concept is part of a wider, Parisian-led trend. Residential-style fashion stores have grown in the past decade as retailers have placed focus on the consumer experience....
...“Our homegrown designers are blending Ireland’s rich cultural heritage with global trends,” says Shelly Corkery, fashion buying director at Dublin department store Brown Thomas Arnotts....
...He added that the company would continue to be independently run and family-owned, with his family owning more than 50 per cent....
...The trend may be to “other” those who are not part of your own community — but Aguëra y Arcas makes a passionate plea to accept humans as they are and allow people “to live as we feel we must.”...
...The direct connection with customers also allowed Anta to adapt rapidly to emerging trends, with lead times of just 3 months to bring products to stores, compared to 18 months for foreign brands, according...
...The company was more upbeat, however, about the most recent trends....
...The company, which is controlled by the family of billionaire Bernard Arnault, is viewed as a bellwether for the sector given its size and influence....
...“Many people may still be spending time with their families on Boxing Day and not be heading out to stores and destinations until later in the week,” Matthews said....
...But according to analysts, watches will remain resilient as a store of value....
...However, the trend does not show any sign of abating....
...Here’s an excerpt from its call last week: Consistent with prior quarters and overall industry trends, discretionary categories were the driver of [the] decline [in same-store sales] . . ....
...I’m writing this newsletter on my way back from Foxconn’s year-end festival for employees and their families....
...Wealthy individuals are defying the trend towards “deglobalisation” in a fracturing world, by diversifying their investments further — and principally to America....
...Set the table My first experience of table tennis was in the early 1980s, when my father clamped a green plastic net across the family dining table before thrashing me 21-0....
...“This outflow trend [from gold ETFs] does not reflect an aversion to gold by private investors such as individuals and family offices but rather an instrument shift away from physical gold ETFs to bars and...
...Families converge on the city’s zoo and amusement park, themed around the pirate Captain Sabertooth, a phenomenally popular Nordic Jack Sparrow....
...The implosion at both Matchesfashion and Farfetch represent a dramatic reckoning for the luxury ecommerce sector, which until recently had been the beneficiary of some of the most powerful trends of the...
...“There’s more we can do to strengthen our position, such as opening more stores to showcase the beauty of our products.”...
...The family owned, Paris-based group recorded revenues of $17.2bn in 2022, up 17 per cent from the previous year....
...Helen Dickinson, the BRC’s chief executive, said the performance in August was helped by improved consumer confidence, adding that retailers would be hoping “this general upwards trend will carry on”....
...“Cindy’s part of our little family,” Jacobs says....
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