Olympics Hurting Local Business in London
Who would have thought the Olympics would hurt business? For the months leading up to the Summer Olympic games, London’s mayor has been advising locals to work from home to avoid overcrowding. A lot of Londoners listened. One week into the Games, and 1.5 million people are reported to be working from home. Businesses and restaurants have seen a drastic decline. Road traffic is light and luxury hotels have seen a dip in their occupancy rates.
Steve McNamara, general secretary of the Licensed Taxi Drivers’ Association said, “The Olympic Games have been a completed and utter disaster. The shops are empty, the bars are empty, the restaurants are empty.”
Chicago’s United Colors of Benetton’s Flagship Gets Makeover
United Colors Chicago flagship will be getting a little tlc by Italian architect Piero Lissoni. He revamped the Benetton’s London mega store and Place de Opera store in Paris in 2010. Stores are designed to reflect the culture of the city they are in.
The Chicago flagship, located at 520 N Michigan Avenue will open Saturday. The store will feature the first women’s collection by You Nguyen, chief merchandising officer and creative director. The Chicago store will contrast between dark fixtures and the store’s minimalist design. There will also be a large attaché case housing sweaters and a signage that reads United Colors of Chicago.
Carmen Steffens Hits U.S. Stores
The Brazilian shoe and handbag brand has opened its first U.S. flagship store in Hollywood and Highland center. The brand celebrates its 20th anniversary next year. It has 180 stores in Brazil and 200 stores in 16 other countries. President of U.S. operations, Mark Willingham expressed, “The U.S. is super important to us right now. A lot of our current American customers know us from traveling abroad, and many of them happen to be from California, so we thought this was the perfect place to be.”
Source & Image: WWDSee the Top Ten Summer 2016 Trends for Women Over 40