UK retail giant Frasers Group saw revenues at its domestic and European operations surging in the half to October. And while its ‘rest of world retail’ division saw a double-digit dip, overall the results looked good.
Klarna has launched what could be a game-changer for BNPL on desktop with a browser extension “that brings interest-free shopping at all online stores, regardless of whether they are partnered with Klarna or not”.
Nottingham is to get a major new central shopping centre, leisure space and park, costing £500 million. Reworking rather than replacing what’s left of the city’s 1970s Broadmarsh mall, it’s called the ‘Vision’.
London landlord Shaftesbury has delivered an impressive record in terms of attracting a host of new retailers and increasing footfall to its properties. it has signed over 60 new brands since 1 October 2020.
More evidence came through on Tuesday showing that fashion was a key driver of retail spending in the UK last month. Two regular monthly reports (from the BRC and Barclaycard) called out fashion as a star category.
Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
Manchester-based textiles supplier Swiscot Group is expanding into fashion, launching its own clothing and accessories lines for SS22. The firm has begun supplying clients with white label and private label products.