The grave state of physical retail, and fashion retail in particular, surfaced Wednesday as a report showed over 11,000 UK stores disappeared last year. Darker still, a further 18,000 stores could close this year.
There has been widespread condemnation of the UK government’s interim review of business rates with disappointed retail bosses saying the report offers nothing new, especially on the introduction of an online sales tax.
For her video, Stella used a dream team - the shoot by ace photographic duo Mert Alas and Marcus Piggott. Styled by Jane How, with make-up by Daniel Kolaric from Pat McGrath Labs and hair by Eugene Souleiman.
The series of national lockdowns has resulted in significant changes to the way Britons consume goods, including what they buy, the channels they buy through and how they pay, according to new research.
Following months of rumours of a possible stake sale of luxury, street and sports retailer END., The Carlyle Group has announced that it's buying control of the firm following recent exits from Golden Goose and Supreme.
Former LVMH executive Erwan Rambourg has been analyzing the luxury industry for 15 years. In the latest LuxurynsightXFashionNetwork podcast, he speaks to Godfrey Deeny about the challenges being faced by the sector.