Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
real-estate
Latest News & Analysis
China
World’s Most Expensive Retail Rents Tumble to Decade Low in Hong Kong
Landlords in Hong Kong’s priciest retail strips are facing a wake-up call: the days of leasing stores for $1 million a month are over.
World’s Most Expensive Retail Rents Tumble to Decade Low in Hong Kong
Landlords in Hong Kong’s priciest retail strips are facing a wake-up call: the days of leasing stores for $1 million a month are over.
Retail
Madison Avenue Rent Plunges With Manhattan Retail Taking a Hit
The high-end shopping corridor, home to luxury brands and swanky boutiques, saw a 17 percent decline in rent in the third quarter.
Madison Avenue Rent Plunges With Manhattan Retail Taking a Hit
The high-end shopping corridor, home to luxury brands and swanky boutiques, saw a 17 percent decline in rent in the third quarter.
Retail
Impatient Landlords Say No Way to Giving Ascena a Break on Rent
The bankrupt owner of the Ann Taylor and Lane Bryant asked for a deferral in July, but a group of landlords argue it isn't reasonable because most of the company’s stores are operating despite the pandemic.
Impatient Landlords Say No Way to Giving Ascena a Break on Rent
The bankrupt owner of the Ann Taylor and Lane Bryant asked for a deferral in July, but a group of landlords argue it isn't reasonable because most of the company’s stores are operating despite the pandemic.
Retail
Why Fashion Brands and Their Retail Landlords Are Suing Each Other
After months of pandemic-inflicted shutdown, a legal battle over who’s responsible for rent was inevitable. The outcome for any of these cases will set a precedence for the whole industry.
Why Fashion Brands and Their Retail Landlords Are Suing Each Other
After months of pandemic-inflicted shutdown, a legal battle over who’s responsible for rent was inevitable. The outcome for any of these cases will set a precedence for the whole industry.
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Retail
UK Mall Landlords Worry About Rent Collection
Landlords face an existential threat as retailers collapse into bankruptcy with little sign of new operators looking to take their place.
UK Mall Landlords Worry About Rent Collection
Landlords face an existential threat as retailers collapse into bankruptcy with little sign of new operators looking to take their place.
Retail
British Government Suspends Commercial Evictions
The move comes after trade bodies wrote a letter to Chancellor Rishi Sunak seeking rental support.
British Government Suspends Commercial Evictions
The move comes after trade bodies wrote a letter to Chancellor Rishi Sunak seeking rental support.
Retail
What To Do About Rent
As the coronavirus pandemic continues, tenants and landlords are on a collision course over rent. But retailers may have the market advantage, real estate experts say.
What To Do About Rent
As the coronavirus pandemic continues, tenants and landlords are on a collision course over rent. But retailers may have the market advantage, real estate experts say.
Retail
Adidas Will Pay April Rent After Apologising
The German sports brand was blasted on social media last week for its decision to defer rental payments.
Adidas Will Pay April Rent After Apologising
The German sports brand was blasted on social media last week for its decision to defer rental payments.
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News & Analysis
Amazon Buying Lord & Taylor Building for $1.5 billion
"The Fifth Avenue landmark, which spans 11 stories and 660,000 square feet, will serve as Amazon’s New York City headquarters."
Amazon Buying Lord & Taylor Building for $1.5 billion
"The Fifth Avenue landmark, which spans 11 stories and 660,000 square feet, will serve as Amazon’s New York City headquarters."
Luxury
The Art Basel Crowd Discovers Miami’s New Neighborhood
Allapattah, near the Miami River, saw flashy events during the fair and is the home of two vast, new arts institutions. Both were built by real estate investors.
The Art Basel Crowd Discovers Miami’s New Neighborhood
Allapattah, near the Miami River, saw flashy events during the fair and is the home of two vast, new arts institutions. Both were built by real estate investors.
Retail
How Temporary Pop-Ups Became a Permanent Strategy
Once a way to temporarily fill vacant storefronts, landlords and brands alike see pop-ups as a long-term fixture in the retail landscape.
How Temporary Pop-Ups Became a Permanent Strategy
Once a way to temporarily fill vacant storefronts, landlords and brands alike see pop-ups as a long-term fixture in the retail landscape.
Retail
Saks Fifth Avenue's Flagship Store Loses More than Half Its Value
The building was recently appraised at $1.6 billion, dropping almost 60 percent from five years ago.
Saks Fifth Avenue's Flagship Store Loses More than Half Its Value
The building was recently appraised at $1.6 billion, dropping almost 60 percent from five years ago.
The News in Brief
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.