Capri Holdings had big news on Tuesday as it announced a new CEO — Joshua Schulman — for Michael Kors. But more importantly, he'll take over as group CEO from John D Idol next year. Idol will become executive chairman.
Footfall in Central and Greater London continued to outpace the rest of the UK in the latest week, says Springboard. Total footfall across the country’s retail destinations fell 1.7% in the 15-21 September period.
The American beauty group's revenues exceeded expectations between April and June, benefitting from recovering cosmetics sales, but the company remains cautious in the face of the spread of the Delta variant.
Luxury trade body Walpole has published the line-up of speakers for its Future of British Luxury Summit in London next month, including Anya Hindmarch, Chanel, Dunhill, Farfetch, Harrods, Roksanda and Jo Malone London.
Clearpay's new Next Gen Index, its latest quarterly report on global Gen Z and Millennials’ consumer spending behaviours and preferences, shows their spending in the US, UK and Australia will increase to 48% by 2030.
The revitalisation of Croydon in Southeast London is nowhere near to completion as the pandemic has seen the major parties involved (URW and Hammerson) abandoning big plans to redevelop the Centrale & Whitgift Centre.
London's West End may still be a long way from normality, but the key shopping neighbourhood is bouncing back and on Monday, major landlord Shaftesbury emphasised that fact with its latest trading update.
There was some good news coming out of Marks & Spencer for once on Friday as it upgraded its profit outlook after shoppers went online to buy more of its revamped clothing offer and also bought plenty of its foods.
UK retail sales dropped last month, according to official data, which suggested many consumers were more focused on England's unexpected progress in the Euro 2020 football tournament than going shopping.
British supermarket and general merchandise retailer Morrisons has agreed a takeover offer worth £7 billion from US private equity group Clayton, Dubilier & Rice (CD&R), dropping its recommendation of a lower bid
Amazon.com Inc is planning to open large physical shops in the United States that will operate like department stores, the Wall Street Journal reported on Thursday, as the e-commerce giant expands its stores footprint.