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
Giuliani Salutes Fashion Industry; Enthusiasm High at FCBID Launch
NEW YORK -- Describing the fashion industry as vital to New York's economic health, Mayor Rudolph Giuliani added to the high spirits that marked the official launching of the Fashion Center Business Improvement District here Thursday.
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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)