Fashion

French luxury brand Hermès has reached a turnover growth of almost 10 % in the third quarter of its fiscal year, mainly thanks to the United States and Asia. China is doing particularly well: the trade war between Washington and Beijing seems not to affect the French at all.

Can a computer understand fashion? Zalando believes so, and launches a virtual stylist: from now on, an algorithm chooses what would be the ideal outfit for every customer. The online fashion retailer will also integrate physical stores in his platform next year.

Serio Bucher, CEO of Debanhams, believes his company will have to take some drastic steps to support its retail businesses in what he calls a volatile and challenging market.

French fashion chain Camaïeu has applied for protection against creditors. The retailer with around 900 stores in fifteen countries already had to implement a rescue plan in 2016.

Amazon goes fashion: the e-tailer is opening a pop-up apparel store in London. Europe's first physical Amazon outlet will only last for five days, but should leave a big impression.

Belgian shoe store chain Brantano has opened its first two 'boutik by brantano' stores, in a bid to develop into a more premium brand. The chain wants to create experience stores and expand into clothing as well.

Swedish fashion giant H&M saw its turnover increase by 9 % in the third quarter, but profits fell due to the implementation of new logistical systems.