BoF compiles the most important professional moves of the week.
Black Friday, the annual rite of retail that commands American attention the day after Thanksgiving, is catching on around the world. People from London to Leipzig to London, Ontario are starting to rush big box stores the next day.
Black Friday weekend is the year’s biggest promotional event for most major U.S. retailers, and yet there are prominent holdouts ignoring it — or at least being discreet about their specials.
On Wednesday night, leading professionals from the Chinese fashion industry gathered in Shanghai to celebrate the launch of BoF China.
About 821,000 workers will be hired for retail seasonal jobs this year, up 11 percent from a year ago and the highest since records were started in 1990, estimates Michael Niemira, founder of economic forecasting firm The Retail Economist LLC.
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
Halloween and Mother’s Day have become staples of the U.K. shopping calendar. Now Black Friday looks as though it may be the next big retail import from the United States.
Paris’s most-famous avenue, the Champs-Élysées, needs a facelift. That’s the verdict of building owners and retailers located on the street. They are now trying to convince the city of Paris that the avenue is ripe for refurbishment 20 years after its last renovation.
Tiffany & Co., the world’s second- largest luxury jewelry retailer, missed third-quarter profit estimates and cut its forecast after sales in Japan and other Asian markets slowed.
The Aviapark mall will open its doors, just as Russia is headed toward recession and its businesses are contending with international sanctions over the conflict in Ukraine.