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Today's News

House of Fraser has announced four more confirmed store closures as it has failed to reach an agreement with a key landlord over rent-free/reduced rent deals.

3:47 pm Luxe | Retail

More House of Fraser closures announced

Galeries Lafayette group to close down second-hand luxury e-tailer InstantLuxe

The French department store group has decided to close down in the next few weeks the second-hand luxury articles website it bought in 2016, according to FashionNetwork.com sources.

12:11 pm Luxe | Business

Galeries Lafayette group to close down second-hand luxury e-tailer InstantLuxe

Amazon to get billions in breaks for HQ2 development

Amazon.com Inc said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in New York City’s Queens borough and a Northern Virginia suburb of Washington, DC.

11:12 am Mode | Industry

Amazon to get billions in breaks for HQ2 development

Farfetch boss calls on fashion brands to stop scourge of discounts

Fashion brands need to put their foot down and take action to prevent “a race to the bottom” in terms of discounts that threaten whole fashion retail eco-system, Farfetch CEO José Neves told FashionNetwork.com.

Nov 13, 2018 Mode | Industry | Business

Farfetch boss calls on fashion brands to stop scourge of discounts

China's Wendy Yu seeks to invest in two fashion labels a year

Young Chinese fashion entrepreneur Wendy Yu, an investor in British fashion brand Mary Katrantzou, aims to build a fashion empire and plans to invest on average in two fashion brands a year, she told FashionNetwork.com.

11:43 am Mode | Business

China's Wendy Yu seeks to invest in two fashion labels a year