Australians spent 2.4 billion AUD online in 2015 for men's and women's clothing. As reserach firm Roy Morgan Research found out, while those shopping for womenswear seem to prefer local vendors, for menswear, international sites dominate. Interestingly, there is a gender divide when it comes to local […]

New York - As the luxury goods market is taking a hit due to the economic conditions in China, some luxury brands are responding by daring to do what few luxury brands ever consider doing: lowering prices. Valentino has announced that in response to Asia's economic crisis, they will be lowering prices […]

London - Global shopping centre space has increased from 39 million square metres in 2014 to 41.9 million square metres in 2015, with Asian cities dominating nine out of the top ten most active global markets, according to a new report from global real estate advisor CBRE. The report measured shopping […]

Los Angeles - Fame and Partners has decided recently that its planning to grow its business in the U.S. The emerging retailer offers customizable options for its customers through its e-commerce site. Through this new business plan, the company just closed on a 7.6 million dollar deal in order to aid […]

Imports of counterfeit and pirated goods are worth nearly half a trillion dollars a year, 461 billion dollars, accounting for around 2.5 percent of global imports, according to a new report by the Organisation for Economic Cooperation and Development (OECD) and the EU’s Intellectual Property Office. […]

The reality of 'see now, buy now' is coming one step closer to consumers as Tommy Hilfiger is expected to sign a major e-commerce partnership deal enabling customers to purchase the looks directly after being shown on the catwalk. From September the American brand will align its fashion week and retail […]

Chinese e-commerce giant Alibaba Group has officially become the world’s largest retailer, surpassing Wal-Mart, after it confirmed that its retail marketplace platforms surpassed 3 trillion yuan as measured by gross merchandise volume in the fiscal year ending in March 2016. In a statement on the retail […]

If the world hasn't realized by now, H&M is addicted to opening stores. Last year, the brand planned to open one store a day throughout the year 2016. This year, they have that same goal in mind. After their earnings report was released this morning, they have announced that their 4000th store will […]

Homegrown ethnic wear brand Craftsvilla has expanded its footprints to overseas markets. Its services will now cover the Middle East, New Zealand and Australia. The company is aiming to reach a revenue of Rs 100 crores in 2016-17. The reason behind this expansion is that Indians in these regions are […]

UK high street retailer Jigsaw is to close 12 of its Australian stores by the end of March. The fashion giant is to shutter operations in Queensland, reducing its portfolio to just five stores in Melbourne, Sydney, Canberra, and South Australia, which will be directly managed from London. “From now […]

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