August 12, 2024

Returned Apparel In The EU Is Often Not Resold

As a recent study focusing on product flows and returned apparel revealed, each year European consumers return millions of new products to retailers, which quite often do not see a second owner again.

Austrian shopping center icon Richard Lugner is dead

The Austrian building contractor and shopping center operator Richard Lugner, who became famous for his appearances alongside Hollywood stars at the Vienna Opera Ball, has died according to media reports. Austrian media reported that the 91-year-old died in his villa on the outskirts of Vienna.

Esprit´s European Brand Rights Sold To British Financial Investor Alteri

The fashion group Esprit sells its brand rights for Europe, while the stores in Germany are to close, with 1,300 employees losing their jobs.

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