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Day’s wrap: Kenzo, Ferragamo, Centric Software, ICSC, US shopping malls, Knight Frank and UK real estate

U.S. department store chain Neiman Marcus, currently in Chapter 11 bankruptcy proceedings, has four big leases for sales in malls across the United States. Department stores typically anchor malls in the U.S. and their departure typically triggers escape clauses for other brands and retailers. Image credit: ICSC U.S. department store chain Neiman Marcus, currently in Chapter 11 bankruptcy proceedings, has four big leases for sales in malls across the United States. Department stores typically anchor malls in the U.S. and their departure typically triggers escape clauses for other brands and retailers. Image credit: ICSC

 

Luxury Daily's live news: 

Kenzo reprises alliance with Vans for floral print sneakers
Pushing the bucolic boundaries is Kenzo’s legerdemain and its reprisal of a partnership with California skate brand Vans fit its spring-summer 2020 collection is evidence of that.

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Ferragamo, in streamlining bid, taps Centric Software for product lifecycle management tools
Italian fashion label Salvatore Ferragamo has tapped Centric Software to provide product lifecycle management help to add a tech element to its traditional craftsmanship process.

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Leader of US shopping center lobby issues statement as malls gasp for breath
The U.S. shopping mall is fighting for its existence as the COVID-19 coronavirus outbreak has temporarily shuttered stores and restaurants in these theatres of retail that are home to luxury goods and specialty brands.

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Activity in UK residential property markets shows no sign of fading
There has been a flurry of activity in the U.K. residential markets, with records broken in June.

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44pc of consumers do not trust product sustainability claims
COVID-19 has increased consumer awareness and commitment to buying sustainably even more than before, adding urgency to an issue that is accelerating with the ongoing public health crisis worldwide.

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Inviting opinion pieces on luxury issues, marketing, retail and media
Luxury Daily is inviting opinion pieces on luxury business, advertising, marketing, media and retail issues that affect marketers as they run multichannel programs for branding as well as customer acquisition, retention and reactivation.

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