LONDON – Burberry has tapped one of its former star managers, Paul Price, as chief product merchandising and planning officer. Price will take up his new role on Dec. 9 and report to chief executive officer Joshua Schulman, who joined Burberry earlier this year. Price served as Burberry’s chief merchandising officer for ten years until 2017, … Read more
LONDON — Retail tourism fuels China‘s domestic consumption growth, according to a new report by the China Tourism Academy under the Data Center of the Ministry of Culture and Tourism, and Value Retail, owner of the Bicester Collection Villages. Based on a survey of 3,435 participants, the report showed that experiential consumption is becoming more prominent … Read more
LONDON – Hammerson, the British real estate developer and owner of major shopping malls across Europe, on Monday said it has agreed to sell its 42 percent stake in Value Retail, the parent company of The Bicester Collection, to Silver Bidco Limited, an investment vehicle controlled by L Catterton, the private equity fund backed by … Read more
