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.
The LVMH-owned travel retail group announced today its plans to open a suite of luxury boutiques in Queen’s Wharf, a development on the Brisbane River expected to launch in 2022.
The complex will span over 6,000 square metres, feature offerings from over 100 luxury brands.
In recent months, DFS has been among the travel retail players investing in up-and-coming duty free hubs that will allow it to better target luxury shoppers unable to travel globally: earlier this month, DFS and partner Shenzhen Duty Free Group unveiled the first phase of their new downtown duty free shopping complex in Hainan, China. Like Hainan, DFS is betting that Brisbane will benefit from a rebound in visits and spending once the sector recovers from the pandemic.
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.