The department store group’s overseas business is set to reach a 25% share of revenue in 2025, chiefly through China, where the group plans to open eight new branches in addition to the recently inaugurated Shanghai one.
Amazon chose denim for the theme of the event it held in Berlin from October 24 through 27, offering a playful festival experience to visitors as it seeks to boost its fashion credentials in the minds of consumers.
After specialising in luxury, the pre-owned fashion e-tailer is re-focusing on affordable luxury brands, while adapting its purchasing options and commissions to the mid-market segment, and eyeing global expansion.
After nearly defaulting in 2016, the second-hand apparel and accessories website has become a key player in Europe, with France its stalwart, and is now focused on extending its product range to become profitable.
Zalando has announced the appointment of Barbara Daliri-Freyduni as Senior Vice President, Demand, while Ralf Herbrich is set to join the German retailer as SVP Data Science and Machine Learning in 2020.