Burberry continues to pull out all the stops as it targets the Asian market and puts extra support behind its outerwear offer and has unveiled an Imagined Landscape pop-up in Jeju Island, Korea.
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.
Luxury giant Richemont issued its latest set of results on Friday, but the biggest news was that it’s in talks with Farfetch around its loss-making Yoox Net-A-Porter business.
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".
M&S has been continuing its long-awaited recovery in recent months and its half-year results for the period to October 2 on Wednesday showed just how far it has come.
Overall payment card spending rose as much as 14.2% in the UK last month compared to October 2019, despite rising inflation fears. That’s according to the latest Barclaycard spending report.
Associated British Foods’ results for the 53 week to 18 September show how hard its star Primark brand was hit during the pandemic, but also just how well it’s bouncing back.
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.
Digital value retailer Studio Retail Group has added a financial services expert to its board, appointing Michael Torpey as an independent non-executive director. He joins on 1 December.
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.
M&S management is expected to deliver an upbeat message on its continuing recovery this week, including a marked clothing revival, but there remains one shadow: growing supply chain issues.
Selfridges has held talks about selling off its web operations, a report has claimed, and it’s unclear whether this might still be an option as the retailer holds talks to sell itself.
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.
