With UK temperatures hitting record levels, Springboard braved the elements to update us on the impact the weather had on retail footfall on Monday. It’s no shock it caused a “significant” drop in London.
Joules issued an important update on Tuesday, not just talking about how trading is going at the moment but giving information on its liquidity situation following reports that it had taken on advisers to boost this.
Although anti-Covid-19 measures are ongoing, China remains attractive for luxury brands continuing to expand in the region, such Hermès, which has opened a boutique in Wuhan and Missoni, which has opened in Chengdu.
H&M confirmed on Monday that after earlier pausing all sales in Russia, “given current operational challenges and an unpredictable future, it has decided to initiate a process of winding down the business" there.
A new report from Klarna has shown a number of key trends in the swimwear sector for 2022, but one clear point that sticks out is that comfort is key as swim sees its first full season globally since pre-pandemic.
U.S. retail sales rebounded strongly in June as Americans spent more amid soaring inflation, which could allay fears of an imminent recession but not change the view that economic growth in the second quarter was tepid.
Some much-needed good news for UK fashion (and beauty). While the cost-of-living crisis heats up and consumer slash their budgets, money spent on clothing, footwear and beauty is above pre-pandemic levels.
Shopping centres haven’t let the grass grow under their feet since lockdowns ended. In fact, collective investment across the UK sector jumped 170% in the first half of 2022 on the same period last year, new data shows.