Remove Boutique Remove Finance Remove Planning
article thumbnail

Luxury’s resilience is being put to the test. What comes next?

Inside Retail

The latest Saks Global Luxury Pulse survey found that optimism among wealthy shoppers is sharply declining, with confidence in the economy, personal finances, and the market’s future all hitting new lows. Tariffs have further dampened sentiment. The data bears this out. This slowdown is not uniform.

article thumbnail

The CEO of Dissh on how a strong brand identity enabled international expansion

Inside Retail

Dissh has had one of the most successful rebrands in the Australian retail landscape from a standalone multi-brand boutique in Brisbane to a global social media-phenomenon. Everything from recruitment, logistics, to finance are naturally different in a foreign country and need to be considered. LHH: This was a long time in the making.

Boutique 182
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Francesca’s Enters Chapter 11 Bankruptcy to Pursue a Sale

Retail TouchPoints

The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance. The company will go forward with previously announced plans to close 140 stores and renegotiate a number of leases at other locations, which may result in further closings.

Finance 200
article thumbnail

Francesca’s to Shutter an Additional 97 Stores

Retail TouchPoints

The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance. According to court documents , the additional closures are boutiques that are currently underperforming relative to lease costs. As of the filing, Francesca’s still operated 558 locations.

Boutique 200
article thumbnail

Can Chanel stay untouchable in a volatile world?

Inside Retail

Half of these will be in China and the US, with new outposts also planned for India, Mexico, and Canada. Notably, only six of the new stores will be fashion boutiques; the majority will focus on beauty, jewellery, and other high-margin categories. The company will maintain last years capital spending level of $1.8

Fashion 130
article thumbnail

Luxury Brands Including Kering, Neiman Marcus Flee Farfetch in Wake of Sale to Coupang

Retail TouchPoints

Kering hasn’t made a formal announcement of its decision, but Jean-Marc Duplaix, the luxury giant’s Deputy CEO in charge of operations and finance, announced the news during the company’s recent earnings call, and Duplaix said in comments to WWD that Farfetch “is not a strategic partner for us.”

article thumbnail

Fueling Retail Expansion: Exploring Financing Options For Business Growth

Retail Minded

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains. The good news is that you can request loans from financing institutions to facilitate growth.

Finance 95