Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.
The decision could be a landmark ruling for Western brands in China.
• Nyima Pratten
After a Tough Summer, Retailers Weather a Stormy September
NEW YORK — The month that was expected to provide some of the easiest retail comparisons of the year instead provided its biggest disappointment. Retailers marked the one-year anniversary of the Sept. 11 terrorist attacks last month with...
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@rebeccaminkoff is bringing self-checkout to high fashion: The brand has partnered with @queuehop to bring its customers self-checkout options, beginning this holiday season at its SoHo store. (📷: @aurorarosephoto)
It was a big night for Demna Gvasalia at the Fashion Awards 2016 in London: The designer took home the award for international ready-to-wear designer for his work at @balenciaga, while his brand @vetements_official scooped international urban luxury brand. (📷: @giovanni_giannoni_photo)
Despite decades of enforcement, the plague of sweatshops still exists in America: "The sad reality is for workers in this industry there are still incredible problems and workers in this industry are subjected to inexcusable levels of violations of our basic labor standards." - David Weil, The Department of Labor Wage and Hour