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Thailand's Central denies Selfridges buy after report says it won £4bn race for firm

Thailand's Central denies Selfridges buy after report says it won £4bn race for firm

Thailand’s Central Group has denied it’s in talks to buy Selfridges after it was reported globally that the firm will buy the business, perhaps as soon as this month.
Fashion
Malls and retail parks were Black Friday winners - Ipsos

Malls and retail parks were Black Friday winners - Ipsos

​Ease and buying in comfort played into the hands of shopping centres and retail parks when it came to Black Friday’s week-long shopping event, with both making the most of the cold weather.
Fashion
Britons to spend £8.4bn with indies for Xmas, fashion is key

Britons to spend £8.4bn with indies for Xmas, fashion is key

​UK shoppers plan to spend £8.4 billion on buying Christmas gifts from independent retailers, some £2 billion more that a year ago, new research from Direct Line business insurance shows. That's 28% of their budget.
Fashion
A first for Asda as it charters ship to ensure stock reaches stores

A first for Asda as it charters ship to ensure stock reaches stores

As concerns mount over supplies, UK supermarket giant Asda is following in John Lewis Partnership’s wake by chartering its own cargo ship to ensure shelves remain stocked with key festive products.
Fashion
Shaftesbury on speedy road to recovery as business bounce quickens in H2

Shaftesbury on speedy road to recovery as business bounce quickens in H2

​How’s this for a positive trading statement opening: “Confidence, footfall, trading recovering; rebound in occupier demand driving vacancy down towards pre-pandemic levels; valuation recovery in second half”.
Fashion
Raft of fashion retailers bring last Christmas delivery dates forward

Raft of fashion retailers bring last Christmas delivery dates forward

UK consumers planning to shop last-minute for Christmas beware. A host of major fashion retailers have brought forward their final online order dates, according to ParcelHero.
Fashion
Buy now pay later numbers leap in UK

Buy now pay later numbers leap in UK

​Around 15 million people in the UK are using buy now, pay later (BNPL) credit, a rise of 23% year-on-year, a new study has shown.
Fashion
Inditex founder's daughter to become chairwoman, new CEO named

Inditex founder's daughter to become chairwoman, new CEO named

​Spanish fashion retail giant Inditex said Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman in April with a new CEO, as a last step of a generational handover started a decade ago.
Fashion
​Early Christmas shoppers boost Black Friday UK store traffic - report

​Early Christmas shoppers boost Black Friday UK store traffic - report

A good week-on-week gain, but still well below pre-pandemic numbers. That was Black Friday (26 November) shopper traffic numbers across the UK. Footfall was 35% higher week-on-week, but still down 23% on two years ago.
Fashion
West End footfall numbers struggle, still heavily down on pre-pandemic comparisons - NWEC

West End footfall numbers struggle, still heavily down on pre-pandemic comparisons - NWEC

London West End footfall in the seven shopping days from 22-28 November inched up 2% week-on-week, and rose 11% over last year's Black Friday, latest figures from the New West End Company (NWEC) showed on Monday.
Fashion
Hammerson confirms Silverburn £140m sale talks

Hammerson confirms Silverburn £140m sale talks

​Retail landlord Hammerson confirmed on Monday that it’s in talks to sell the major Silverburn shopping mall in Glasgow with a potential price of £140 million.
Fashion
New variant fears mean compulsory face masks are back for English stores

New variant fears mean compulsory face masks are back for English stores

The UK has announced new measures to try to slow the spread of the new Omicron Covid variant and the country’s top health official said vaccines could be less effective against it.
Fashion
UK Black Friday transactions beat pre-Covid numbers says Barclaycard

UK Black Friday transactions beat pre-Covid numbers says Barclaycard

​Black Friday spending volumes exceeded those of both 2020 and the pre-pandemic shopping day in 2019, Barclaycard said as stores closed on Friday.
Fashion
Landsec's new strategy is "customer-centric", Nik Porter joins in new role

Landsec's new strategy is "customer-centric", Nik Porter joins in new role

​Major retail landlord Landsec has unveiled a new, “customer-centric approach” to accelerate its retail strategy. The Bluewater owner has a new retail structure to build "closer relationships with brand partners".
Fashion
Mothercare now seeing its "true potential" after return to profit

Mothercare now seeing its "true potential" after return to profit

​Mothercare has returned to profit after a bruising pandemic trading period and is now “close to unlocking its true potential”, the mother and baby products specialist said Thursday.
Fashion
Christmas comes early as November retail is strong says CBI

Christmas comes early as November retail is strong says CBI

​“Christmas came early” for UK retail in November. At least, that’s what some said as the latest CBI quarterly Distributive Trades Survey on Thursday showed sales were “good for the time of year”.
Fashion