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Retail decline: one in seven UK stores are vacant says new report

Retail decline: one in seven UK stores are vacant says new report

Just how tough UK retail’s pandemic mauling has been — especially for fashion — came into stark focus on July 30. More than one in seven stores are now vacant on UK high streets, retail parks and in shopping centres.
Fashion
Klarna launches support package for small businesses

Klarna launches support package for small businesses

Global payments and and shopping services provider Klarna has launched a £3 million Small Business Support Package to help British small- and medium-sized enterprises (SMEs) recover from the pandemic.
Fashion
Northern Ireland to pay people to shop in September

Northern Ireland to pay people to shop in September

The latest initiative to get shoppers spending sees adults in Northern Ireland being given shopping vouchers as part of a £145 million investment to attract people back to high streets.
Fashion
Hermès bounces back as H1 beats both 2020 and 2019

Hermès bounces back as H1 beats both 2020 and 2019

​Hermès became the latest luxury group to announce a rebound on Friday as the upscale leather goods and fashion maker saw its sales soaring during Q2 and the first half as a whole.
Luxury
Consumers seek eco transparency from brands, less greenwashing

Consumers seek eco transparency from brands, less greenwashing

​Consumers want more transparency from brands around eco practices with nearly a third of them thinking not enough is being done, while almost a quarter think there’s too much ‘greenwashing’ simply to improve sales.
Fashion
Mailbox posts "strong" retail rent collections

Mailbox posts "strong" retail rent collections

Yet more positive news on UK retail rent collections. This time it comes from Midlands-based Mailbox REIT, which recorded a “strong” 92% collection rate for the 24 June-28 September period.
Fashion
Very Group moves all fashion returns to tech-heavy hub

Very Group moves all fashion returns to tech-heavy hub

After news this week of Marks & Spencer and JD Sports Fashion improving their digital and logistics focus, Very Group is also highlighting its own credentials.
Fashion
Westfield owner URW is cautiously optimistic as Europe bounces back

Westfield owner URW is cautiously optimistic as Europe bounces back

Unibail Rodamco Westfield has reported H1 results and continued to see “significant Covid-19-related disruption” in the first six months. But it also highlighted its ongoing “resilience in tough operating conditions”.
Fashion
UK clothing, footwear store growth still lags in July - CBI survey

UK clothing, footwear store growth still lags in July - CBI survey

​UK retail sales continued to grow at a rate well above the long-run average in the year to July, but clothing and footwear stores are yet to see demand recover to usual levels, the CBI’s latest survey has showed.
Fashion
Morrisons' biggest shareholder isn't supporting takeover bid

Morrisons' biggest shareholder isn't supporting takeover bid

​The private equity takeover of UK supermarkets giant Morrisons might not be all smooth sailing with news that its biggest shareholder doesn't intend to support the deal.
Fashion
John Lewis get new trading director from Accessorize

John Lewis get new trading director from Accessorize

​Department stores chain John Lewis reportedly has a new trading director who will join the retailer in mid-September. The company has appointed Accessorize’s MD Kathleen Mitchell to the role.
Fashion
Online shoppers: 35% shun brands not acting 'responsibly'

Online shoppers: 35% shun brands not acting 'responsibly'

​Any brand or retailer still thinking that ethical issues don't matter should look at a new report. The study says that as many as 35% of online shoppers in the UK will only associate with "responsible" brands. 
Fashion
UK footfall up in heatwave, but shoppers cautious as Covid cases grow

UK footfall up in heatwave, but shoppers cautious as Covid cases grow

​Footfall across the UK rose 3.3% last week (compared to the previous seven days) with a “staggering” 16.5% uplift on Freedom Day last Monday, although from Tuesday onwards the rise was only 1.7%.
Fashion
NWEC says West End footfall on encouraging path

NWEC says West End footfall on encouraging path

​Visitors have been returning to the West End of London in large numbers in the past week since so-called Freedom Day last Monday when just about all lockdown restrictions were eased in England.
Fashion
Selfridges is up for sale, offers over £4bn sought

Selfridges is up for sale, offers over £4bn sought

Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
Luxury
Dolce & Gabbana to launch a series of projects in Venice in August

Dolce & Gabbana to launch a series of projects in Venice in August

Italian brand Dolce & Gabbana will present its latest couture collection in Venice from August 28 to 30. On the occasion, the brand will also unveil its first homeware line and unprecedented digital collection of NFTs.
Luxury