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
The Home Stretch: Retailers on Edge Going Into Final Weekend
As if it hasn't been tough enough all year, retailers are under intense pressure this weekend to make up lost ground. They're running behind in their Christmas targets and in most cases the planning was conservative. That means they're in the...
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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)