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UK online sales growth slows, but stays in double-digits, fashion is strong

UK online sales growth slows, but stays in double-digits, fashion is strong

​UK consumers may have rushed back to physical stores last month, but the reopening of non-essential shops in Britain didn't appear to send online spending's trajectory into reverse, despite speculation that it would.
Fashion
Global Fashion Group continues to power ahead in Q1

Global Fashion Group continues to power ahead in Q1

Global Fashion Group saw a strong Q1 as it attracted more customers to its websites and enjoyed a solid recovery in repeat customers. It also attracted more brands and marketplace net merchandise value almost doubled.
Fashion
Simon Property Group is cautiously optimistic in light of positive traffic trends

Simon Property Group is cautiously optimistic in light of positive traffic trends

The United States’ largest mall owner announced that it has been seeing strong growth in traffic during an earnings call on Monday, but is still cautious in its outlook. The company’s revenues fell 0.08% in Q1.
Fashion
Lyst raises new cash, mulls IPO - report

Lyst raises new cash, mulls IPO - report

Lyst, the London-based upscale fashion search-to-retail platform, is reportedly mulling an IPO, having raised $85 million from a variety of investors.
Fashion
Sustainability counts: half of UK consumers shun firms with poor credentials

Sustainability counts: half of UK consumers shun firms with poor credentials

Be warned, consumer sustainability issues may be more important than you think. Over half of people in the UK (56%) are less likely to buy from organisations with a weak sustainability record, according to a new survey.
Fashion
UK spending rises, fashion is key for younger shoppers

UK spending rises, fashion is key for younger shoppers

Young consumers are keen to get out and socialise and they boosted their fashion spend last month, the latest Barclaycard spending report has shown. 
Fashion
Debenhams Bournemouth exit gives opportunity for indie replacement

Debenhams Bournemouth exit gives opportunity for indie replacement

​As Debenhams exits the high street, many of its former stores are being converted to non-retail uses. But there appears to be an opportunity opening up for the return of smaller department store operators. 
Fashion
Joules recovery continues in stores and online

Joules recovery continues in stores and online

​Joules Group had good news on Tuesday as it’s expecting a “positive performance” across all retail channels for the financial year that ends in a few weeks, with revenue and pre-tax profit ahead of expectations. 
Fashion
Amazon raises $1 billion sustainable bond for climate, social causes

Amazon raises $1 billion sustainable bond for climate, social causes

Amazon.com Inc issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener buildings and affordable housing.
Fashion
KCD Paris taps James Deeny as vice-president

KCD Paris taps James Deeny as vice-president

KCD Paris announced on Monday the appointment of James Deeny as vice-president public relations.
Fashion
Finance Minister Le Maire sees French economy back to pre-COVID levels by first half 2022

Finance Minister Le Maire sees French economy back to pre-COVID levels by first half 2022

The French economy will return to its pre-COVID 19 levels of economic activity by the first half of 2022, said the French finance minister, who also reaffirmed his target of 5% economic growth for France in 2021.
Fashion
Landlords lose court fight against New Look CVA

Landlords lose court fight against New Look CVA

​New Look has won a crucial court fight, defeating a landlord challenge to its company voluntary arrangement with the landlords feeling they were unfairly treated by last year's CVA process for the retailer.
Fashion
UK's OOOOO links with Brazil's B2W marketplace on live-stream commerce

UK's OOOOO links with Brazil's B2W marketplace on live-stream commerce

​Live-stream commerce is making major inroads globally and with most retailers having little in-house expertise in this area, external companies are capitalising on the sector’s fast expansion.
Fashion
Poor weather hits UK retail footfall, Scotland's reopening numbers much brighter

Poor weather hits UK retail footfall, Scotland's reopening numbers much brighter

Poor spring weather over much of the UK hit shopper footfall numbers last week, although Scotland's retail reopening bought much brighter figures, according to latest reports from Springboard and Ipsos.
Fashion
Meadowhall in UK-first for e-tail pick-up, sees huge weekend queues

Meadowhall in UK-first for e-tail pick-up, sees huge weekend queues

With a capacity turnout and the introduction of a first-of-its-kind retail attraction, Meadowhall is in celebration mode. The mall welcomed crowds across the weekend, that saw visitors having to queue to gain entry. 
Fashion
From Topshop to Ikea? Swedish giant in talks on Oxford Circus flagship site

From Topshop to Ikea? Swedish giant in talks on Oxford Circus flagship site

​Swedish furniture and homewares giant Ikea is reportedly among the bidders lining up to take over the former Topshop flagship at Oxford Circus in London.
Fashion