The retail market of Rotterdam is flourishing. Store vacancies in the Netherlands’ second-largest city have decreased from 9.3% to 6.3% in three years, according to research from Colliers International.
Sales at John Lewis partnership in the latest week edged up by less than 1% to just under £205 million. But the John Lewis department store chain did much better with a 3.9% increase in the seven days to August 18.
House of Fraser's London flagship is no longer set for closure, new owner Sports Direct said Tuesday, with the store that had been a surprise casualty on the retailer’s closure list to be "fully operational".
H&M’s sales growth has stalled in recent periods, and the company is looking to re-ignite that growth, which makes the launch of its latest Studio collections and new store opening more important than ever.
The Barcelona-based fashion brand managed to reduce its losses by 45% in fiscal 2017, bringing them down to 33 million euros, compared to the previous year's 61 million, according to a release published by the company.
River Island is launching its first homeware range, divided into three key trends, this autumn. Titled RI Home, the collection will include soft furnishings, decor accessories and furniture, and storage options.
Tax-free shopping specialist Global Blue is opening its first VIP Globe Shopper Lounge on Albemarle Street in Mayfair, underlining the importance of London's West End to the luxury industry and the tourist sector.
Hugo Boss has opened the first Hugo standalone store in the UK with a debut at Westfield London, which, since its recent £600m extension opened this spring, has taken over from Bluewater as Europe's biggest mall.
The remoulding of London's Seven Dials area is continuing with its dominant landlord, Shaftesbury, announcing another new tenant as NYC-based lifestyle brand Away, opens its first permanent international store.
Selfridges has been busy this month upping its luxury credentials at its key department store in Birmingham, and also unveiling the last phase of its accessories project in its London store with a new eyewear space.
Fears of e-commerce taking off in Brazil have sunk shares of the country’s big mall operators this year, but industry executives expressed confidence that local shopping habits will help them avoid a shakeout.