White Stuff has become the latest UK retailer to launch a review of its store portfolio with PHD Property looking at its 115 UK shops, which are currently shut due to the latest lockdown.
Richemont’s third quarter — the all-important three months to the end of December — saw sales rising only 1%, although currency-neutral, they were up a healthier 5%, despite the “continuously volatile environment”.
Burberry saw another round of retail sales falls in Q3, with Europe and the Americas still being hit hard. But it said China, Korea, leathergoods, outerwear and full-price sales all headed in the right direction.
The knock-on effect of the pandemic on its tenants has hit commercial property giant Hammerson - which owns the Bullring among other major malls - pretty hard.
In 2020, in the midst of a health crisis, beauty and wellness brand Rituals will have inaugurated a 1,500 square metre flagship store and around 40 other stores. This strategy has enabled it to maintain modest growth.
Alibaba Group’s cross-border business-to-consumer marketplace Tmall Global has increased its support for international brands, unveiling a new suite of solutions at the 2021 Tmall Global New Seller Virtual Summit.
Multichannel retailer Wolf & badger saw a strong rise in global sales last year, despite the closure of its King’s Cross flagship in London and its New York City location during lockdowns.
Footfall across all UK retail destinations last week continued to make tough reading as the ongoing country-wide lockdown still depresses and frustrates in equal measures.
Matalan endured a sales drop during the festive selling season as its online revenues were unable to make up for shuttered physical shops.
Online retail giant Very Group could be the next big name in line for an IPO with a report that its owners, who also own the Telegraph newspaper, are exploring the potential of a £3 billion+ stock market float.
Beauty specialist Warpaint London announced on Monday that its results for 2020 will be ahead of its previous guidance after the company saw strong trading during the second half.
Fast-expanding retailer Next and its US partner Davidson Kempner are being widely touted as the frontrunners to buy failed Arcadia out of administration.
Shana Randhava, who previously oversaw the company's new business development, recently transitioned to take on an expanded role leading the company's new incubation ventures.
Sephora U.S. revealed a new action plan to help combat racial bias that includes changes across its marketing and merchandising sectors, in-store operations, and corporate workspaces.
Buy Now, Pay Later online payments platform Clearpay has released its October-December trends, confirming comfortable clothing, jewellery and beauty were the holiday shopping season’s top picks.
