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.
December 8, 2016
• Nyima Pratten
Europe Watch: Money Men … Just Tapped … Zerunian Joins Jensen …
MONEY MEN: PPR remunerated its top executives handsomely last year. According to documents published last week on the French retail and luxury group’s Web site, its former chief executive Serge Weinberg, who was replaced last...
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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)