By Planet Retail2010-05-19T14:48:00+01:00
Debenhams is expected to open its first department store in South Korea at the end of this year. South Korean retailer Deben said it signed an exclusive deal with Debenhams in October last year to open and operate branches of the department store in the country.
Retail subscription boxes across categories were one of the big winners in the first year of the pandemic, but many expected their popularity to fall away. Retail Week looks at how these services have adapted to changing customer behaviours
Nordstrom president and chief brand officer Peter Nordstrom said that Asos’ concession in the famous American chain could be the silver bullet it needs to be front of mind for US shoppers.
Fortnum & Mason has reported a strong Christmas trading period after Covid restrictions and store closures caused it to swing to its first full-year loss in 12 years.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
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