Hints and tips:
Related Special Reports
...“If you manage a luxury department store as merely a financial operation as opposed to focusing on the commercial aspects, the products and the customer experience, of course it goes wrong.”...
...“Someday,” he said, “all department stores will become museums, and all museums will become department stores.”...
...For example, the deals around KaDeWe property have resulted in high rents being charged to the now separate retail arm of the business. This is not a failure of the department store model....
...Store cards, with their high interest charges and late fees, turn out to be far more lucrative than running a brick-and-mortar store....
...But the longevity of department stores has been put in doubt by recent high-profile collapses — from Debenhams and House of Fraser to smaller chain Beales and Edinburgh’s Jenners, along with Fenwick’s sale...
...Edwin Heathcote authors a jumbled argument in “Hollowed-out department stores can help the high street” (Opinion, February 17)....
...In the US, Apple’s largest market, the company is under investigation by the justice department. An antitrust lawsuit could soon be filed....
...Green campaign groups condemned the environment department announcement as being too small to make any meaningful difference to the degradation of water quality across the UK....
...Launched in London department store Harrods in 2020, each fragrance in the collection represents different facets of the 302.37-carat Graff Lesedi La Rona, cut from the fifth-largest diamond ever discovered...
...Strip away the glitz and the credit, and the luxury department store — once that great disruptive trailblazer of modern consumption — may be no more resilient to the trends ravaging the high street than...
...And for me, value is at the intersection of great design, great quality, contextualisation and price,” adds Sakkijha....
...Few if any large high-quality studies find that the art market, however you slice it, can provide returns as high as equities....
...In August 2016, Stifel brokers’ compliance departments discovered that the products were being recommended beyond their intended holding period, the order stated....
...That’s a sum Apple will fish out from the couch cushions, but is a taste of the fines and remedies that could come with the EU investigation of Apple’s and Google’s app stores under the Digital Markets Act...
...Epic largely lost a high-profile legal case against Apple in the US....
...Marks and Spencer has won a legal challenge in the High Court against Michael Gove’s decision to stop the retailer from knocking down its Art Deco flagship store on London’s Oxford Street....
...While there are many advantages to automatic consolidation of pots, there is also a risk which needs to be balanced, in that pots could be moved out of previous high-quality pensions into something inferior...
...“Described as South Africa’s Enron, [this case] left a lasting suspicion of the quality of South African published annual financial statements....
...It includes Allan Cheesman who, as head of Sainsbury’s wine department in the 1980s and 1990s, was the country’s most powerful professional wine buyer in an era when supermarkets really cared about the quality...
...A rally in quality and defensives? However you imagine it, stocks breaching all-time highs probably isn’t on your list. Yet that’s what is happening in Japan....
...Multibrand retail will take a hit The end of 2023 has been an especially difficult period for department stores, independent boutiques and other multibrand retailers, with many of them struggling under...
...The CMA also raised concerns about quality control problems and estate management charges, “with homeowners often facing high and unclear charges for the management of facilities such as roads, drainage...
...The government contends that the company wields far more power in the US: around a 70 per cent share by revenue of the high-end smartphone market, and more than 65 per cent of all smartphones....
...In addition to the fine, the EU is also set to force Apple to stop its anti-competitive behaviour when it comes to banning apps from advertising their services outside of the App Store....
...Between 2019 and 2022, sales from department stores’ private labels increased from 9 per cent to 16 per cent of turnover, according to the International Association of Department Stores....
International Edition