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
MILLION DOLLAR MAN: Eyebrow guru and makeup entrepreneur Ramy Gafni is in the process of insuring his hands for $1 million. Lloyds of London, the London-based insurers of body parts, is handling the deal, which is expected to close in two weeks. When...
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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)