Miscellaneous
The latest news
UK consumer confidence rises again but stays negative
UK consumer confidence continues to move higher. From the record lows of late 2022, a steady recovery has gathered pace.
Fashion
Riviera inspires summer style as Harrods opens Celine pop-up, PLT launches capsule
Celine has this week opened a summer-themed pop-up inside Harrods in London, inspired by St Tropez, while at the other end of the price scale, PrettyLittleThing is also thinking all-things Cote d’Azur.
Fashion
Farfetch still loss-making in Q1 but bosses pleased with major progress
Farfetch’s Q1 was an underlying story of progress with talk of a return to profits soon. But it also suffered from the negative impact of currency exchange and a tough backdrop meant more red ink in the accounts.
Fashion
Liverpool One gets record Eurovision boost
The result might not have been a good one for the UK’s entrant at last weekend’s Eurovision Song Contest, but Liverpool, which staged the event, enjoy record 2023 footfall and sales at its key shopping mall.
Fashion
April sales rise in Scotland but fashion demand weak as food sales dominate
April’s Easter holiday uplift in England was also seen north of the border last month as Scottish sales for the 2-29 April period rose 9%.
Fashion
YNAP names new Middle East GM
Online fashion giant Yoox Net-A-Porter (YNAP) has named Celine Lefebvre as its General Manager for the Middle East, effective 23 May.
Fashion
Leases, occupancy strong but British Land loss-making as interest rates bite
First the good news. For the year ending 31 March, commercial property giant British Land leased out 3.4 million sq ft of space and portfolio occupancy is now 96.7%.
Fashion
Consumers ready to embrace shopping tech says Klarna research
Shoppers are ready to embrace the world of technology that’s opening up before them, new research from BNPL giant Klarna claims.
Fashion
TfL links with IMG in licensing deal
We can expect to see more products on sale globally carrying the distinctive roundel and moquette fabric designs used by London’s public transport system Transport for London (TfL).
Fashion
Retail a bright spot as loss-making Landsec endures tough economy
Land Securities has swung to an annual loss, as surging interest rates and broader economic woes weighed on the valuation of its portfolio. But it’s progressing reasonably well in terms of letting prime retail space.
Fashion
Affluent and younger shoppers are most eco-focused says ESW
It may not come as a surprise, but research seems to have confirmed that the highest value e-shoppers are the most sustainability-focused in a world of consumers who are generally prioritising eco-awareness more often.
Fashion
Loss-making Boohoo smiles through the pain, predicts better year ahead
It was no surprise that Boohoo swung to a statutory loss in its latest full year as sales fell and costs rose, although the company remains upbeat for the medium term and its ability to get back to profitable growth.
Fashion
Rouje opens first international store in London
Womenswear brand Rouje has opened its first international store with a debut on South Molton Street in London’s West end.
Luxury
Timothée Chalamet is unveiled as new Bleu de Chanel ambassador
Chanel is continuing to refresh its group of brand ambassadors, on Monday confirming French-American actor Timothée Chalamet as the new face of fragrance Bleu de Chanel
Luxury
Major London landlord GPE deepens sustainability strategy
London property giant GPE is progressing with its eco strategy and on Monday gave us an update on its 2020-launched Sustainability Statement of Intent, entitled 'The Time is Now’.
Fashion
Zara takes on former Topshop store in Leeds
Zara has been opening a series of flagship stores in the UK and the latest will be at Trinity Leeds where it’s taking over the former home of Topshop.
Fashion