M&S has delivered a bleak full-year earnings report, although the bad news was far from unexpected. In year to April 3 — which included three lockdowns during which its clothing departments were shut — sales plummeted.
Shaftesbury (and its properties in the West End) are on on the road to recovery, albeit gradually. It owns 16-acres of prime space in London and said it’s “well-placed to return to sustainable long-term growth”.
Summer’s almost here and Matalan's well-prepared with the launch of its seasonal TV ad campaign. The UK fashion and homewares retailer’s called it ‘Love the Summer’ and it broke this week.
The house of Trussardi has appointed Serhat Işık and Benjamin A. Huseby – the design duo behind Berlin indie brand GmbH - to be its new creative directors in a surprise move.
Mothercare sales may have been down due to the pandemic in its latest year, but changes to the way it does business and a greater focus on localising its products mean profits are improving.
Britons are increasingly switching on to subscription boxes and the pandemic has helped accelerate a trend that was already moving fast before the global health crisis started.
Brands should get ready for a rush of wedding-related purchases and new nuptial trends this summer, in anticipation of ceremonies getting back on track in June, according to eBay.
It’s a subject close to the heart of many physical retailers: the scrapping of the business rates system. Latest to join the call for change is John Lewis chair Sharon White, who wants it replaced it with a new land tax.
It’s becoming an increasingly important focus of every business, so Landsec has appointed its own head of Sustainability. Jennie Colville is to lead the property giant’s related strategy across its £10.8bn portfolio.
The Touchwood shopping centre in Solihull has a new owner. US-based real estate investment and asset management firm Ardent Companies has bought the Midlands mall from Lendlease Retail Partnership for an undisclosed sum.
The importance of dining and entertainment to UK retail destinations has become very clear given the rise in footfall last week after indoor hospitality venues were allowed to open.
It’s been a busy week for Amélie Huynh, the CEO of Parfums D’Orsay, the inventive French perfume marque, who just launched a series of new scents and interior fragrances in Paris.
M&S will welcome a new head of head of store experience in August when Ben Wittmann will join having been senior director of omnichannel marketing and VM for Gap Europe.
Luxury Oslo department store Steen & Strøm has reopened after a €29.5m upgrade. The historic store has a new entrance on Norway’s busiest shopping street, a state-of-the-art beauty hall and upgraded architecture.
The reopening of pubs, restaurants and entertainment venues on Monday boosted footfall to the West End this week, which would have had a positive knock-on effect on retailers in the district.
