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'Metaverse' hype fuels booming digital property market

'Metaverse' hype fuels booming digital property market

The idea of spending millions on non-existent land may sound ludicrous -- but feverish predictions of a virtual reality future are pushing investors to bet big on digital real estate.
Fashion
Welcome to fashion's latest playground, the metaverse

Welcome to fashion's latest playground, the metaverse

After Nike and Adidas, luxury fashion houses are entering the metaverse.
Fashion
Kendall Jenner taps her inner tomboy for latest About You collection

Kendall Jenner taps her inner tomboy for latest About You collection

Model turned entrepreneur Kendall Jenner has tapped into her inner tomboy with her latest collection for online fashion e-tailer About You, which debuted this weekend.
Fashion
London Designer Outlet sales and footfall recover, names new GM

London Designer Outlet sales and footfall recover, names new GM

​Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
Fashion
Electronic payments rule as cash-carrying narrows in UK - report

Electronic payments rule as cash-carrying narrows in UK - report

More than half of Britons (52%) now claim they never take notes or coins with them on routine trips, instead using their mobile phone to make payments, according to a nationwide survey. 
Fashion
F+F owner Tesco could face empty Christmas shelves in pay dispute

F+F owner Tesco could face empty Christmas shelves in pay dispute

Empty clothes rails, beauty and food shelves at Tesco could be a possibility if a strike at the supermarket giant’s warehouses can’t be averted. Over 1,000 distribution staff have voted to strike from December 16.
Fashion
Ted Baker announces sudden death of chairman John Barton

Ted Baker announces sudden death of chairman John Barton

​John Barton, the chairman of fashion and lifestyle retailer Ted Baker, has died suddenly. Helena Feltham, senior independent director, will assume the role of interim chairman with immediate effect.
Fashion
Digital growth, comfort focus: how Hotter is crafting a strong turnaround

Digital growth, comfort focus: how Hotter is crafting a strong turnaround

Hotter is a footwear brand that's riding the wave of older consumers switching to online shopping, as well as the comfort trend that's permeating the footwear market from the high-end to the mass-market.
Fashion
West End footfall "flatlines" despite busy Saturday, other cities are weak

West End footfall "flatlines" despite busy Saturday, other cities are weak

​Footfall in London’s West End was flat in the week starting November 29, The New West End Company said on Monday. That was despite NWEC reporting a big week-on-week increase on Saturday.
Fashion
Malmö Designer Village planned for 2025 debut, to be Scandinavia's largest

Malmö Designer Village planned for 2025 debut, to be Scandinavia's largest

​Sweden is to host Scandinavia’s largest designer outlet village with the project’s first phase set to open in summer 2025 while phase two will follow in autumn 2027.
Fashion
Engine Capital urges Kohl's to consider e-commerce separation

Engine Capital urges Kohl's to consider e-commerce separation

U.S.-based hedge fund Engine Capital LP is urging Kohl's Corp (KSS.N) to consider a sale of the company or a separation of its e-commerce business, The Wall Street Journal reported on Sunday.
Fashion
Alibaba names Toby Xu as CFO

Alibaba names Toby Xu as CFO

Alibaba Group Holding said Toby Xu, will succeed Maggie Wu as the company's chief financial officer from April, a move it described as part of the company's leadership succession plan.
Fashion
Macy's reliance on stores for e-commerce weighs on mulled split

Macy's reliance on stores for e-commerce weighs on mulled split

Macy's Inc is grappling with how to make its e-commerce business a standalone company without losing customers who rely on its department stores to pick up or return items they bought online.
Fashion
PayPal says 'buy now, pay later' volumes surged 400% on Black Friday

PayPal says 'buy now, pay later' volumes surged 400% on Black Friday

Volumes on PayPal Inc's 'buy now, pay later' platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method.
Fashion
German Covid-19 rules put off shoppers, says retailer group

German Covid-19 rules put off shoppers, says retailer group

The tighter restrictions Germany has introduced to try to limit the spread of Covid-19 are putting people off from shopping in the usually busy run-up to Christmas, the country's association of retailers said on Sunday.
Fashion
UK is ‘strategic’ in Lids’ major 100+ international store expansion plan

UK is ‘strategic’ in Lids’ major 100+ international store expansion plan

North American sportswear retail giant Lids is on a major international physical store expansion drive and has chosen the UK for its first standalone stores in Europe.
Fashion