One of Oxford Street’s historic department stores is being redeveloped with the plans that have just been approved being another sign of how retail on what was once Europe’s busiest shopping street has changed forever.
Thailand's Central Group is interested in bidding for Selfridges, a report said Thursday. Interestingly, it also owns La Rinascente, the Italian retailer of which ex-Selfridges CEO Vittorio Radice is Vice-Chairman.
After suffering a number of years in the financial doldrums - resulting in its relegation from the London Stock Market’s lead FSTE 100 index last year - M&S is bouncing back after releasing strong results this week.
Combine tradition, nostalgia and excitement and you have all the ingredients for the new Westfield Christmas ‘Come Together’ campaign. The major malls owner/operator is “re-embracing traditional Christmas messaging".
Premium outlet malls operator VIA Outlets said it has raised €600 million in its inaugural green bond issuance and saw “high demand”. The proceeds will be used to refinance most of its outstanding secured debt.
The biggest Christmas for retailers in two years warrants big responses. So online department store Freemans has ramped up its message for this year’s key event with the brand’s biggest ever multichannel ad campaign.
Boohoo Group has been putting plenty of support behind Debenhams since it acquired the brand and made it online-only, so it's no surprise that it's now unveiled a major Christmas campaign for the retailer.