The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
MADRID, Spain — Amazon on Wednesday opened its first pop-up store in Spain in an old building in one of Madrid's prime shopping districts styled as a house with everything for sale, from clothing to electronic goods.
Similar stores will open in Italy, Germany and Britain, an Amazon spokeswoman said. The European pop-up stores illustrate how the world's largest online retailer, famous for upending retail chains' business, is increasingly turning to physical stores to attract and keep customers.
Amazon opened a new store in New York in September that allows shoppers to buy items from its website with the help of a smartphone app.
The company bought Whole Foods Market in a $13.7 billion deal last year, from which it is now delivering fresh food to shoppers' homes in the United States.
By Sonya Dowsett; editors: Paul Day and Emelia Sithole-Matarise.
Fast-growing start-ups like Hettas, Saysh and Moolah Kicks created sneakers designed specifically for active women. The sportswear giants are watching closely.
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
The fast fashion giant occupies a shrinking middle ground between Shein and Zara. New CEO Daniel Ervér can lay out the path forward when the company reports quarterly results this week.