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Giorgio Armani to design new Admiral superyacht

Giorgio Armani to design new Admiral superyacht

Giorgio Armani, the proud owner of several major yachts, is to design a new Admiral superyacht for a mystery client, working with the Italian Sea Group to build the motor craft, which will be 72 meters long.
Lifestyle
Thomas H Lee Partners takes majority stake in Bazaarvoice

Thomas H Lee Partners takes majority stake in Bazaarvoice

Bazaarvoice — the product reviews and user-generated content (UGC) solutions specialist — has a new majority shareholder following a year of strong growth.
Fashion
Frasers Group backs physical retail, buys another retail park

Frasers Group backs physical retail, buys another retail park

​Frasers Group is on a mission to resurrect physical retail. Not content with just opening stores, the lifestyle/fashion group has now bought a second retail park. And it may not be the last.
Fashion
Analysts tip Next for rosy future

Analysts tip Next for rosy future

Long seen as a bellwether for the health of UK clothing retail, Next will post its annual trading figures on 1 April. And although they're expected to reveal slashed profits last year, the outlook's far from gloomy.
Fashion
UK footfall is up again as consumers are impatient to get back to stores

UK footfall is up again as consumers are impatient to get back to stores

Springboard on Monday said that in the week to March 27, footfall across UK retail destinations increased 6.6% compared to the previous week. This followed a succession of increases.
Fashion
UK, France and others still face threat of US tariffs over online tax plans

UK, France and others still face threat of US tariffs over online tax plans

​US Trade Representative Katherine Tai has said she was maintaining the threat of US tariffs on goods from Austria, Britain, India, Italy, Spain and Turkey in retaliation for their digital services taxes.
Fashion
Grosvenor reduces Sonae Sierra stake again

Grosvenor reduces Sonae Sierra stake again

Property giant Grosvenor Group has sold a further 10% stake in multinational retail real estate company Sonae Sierra to Sonae SGPS for Є82 million. Sonae Sierra owns 27 shopping centres in Europe and South America.
Fashion
April retail sales set for take off, but don’t expect fireworks - CBI

April retail sales set for take off, but don’t expect fireworks - CBI

March was bad, April is expected to improve. That, in essence, sums up the latest sales report from the Confederation of British Industry (CBI) showing exactly what you already knew and probably expect for UK retail.
Fashion
Easter shopping due to decline again this year says GlobalData

Easter shopping due to decline again this year says GlobalData

​With the easing of lockdown for non-essential retail not due to start until April 12 for much of the UK, Easter is expected to see a shopping decline for the second year running, according to the analysts at GlobalData.
Fashion
Suez Canal blockage could hit consumer supply chain

Suez Canal blockage could hit consumer supply chain

​The current blockage in the Suez Canal is causing major problems for the consumer supply chain, which is already under considerable stress because of the pandemic. 
Fashion
Retail's diversity and inclusion charter: over 50 major names sign up

Retail's diversity and inclusion charter: over 50 major names sign up

​A new charter for the UK retail sector has seen many of the biggest and most prominent names signing up to make their workplaces more diverse and inclusive.
Fashion
Beales on comeback trail with plans for new store

Beales on comeback trail with plans for new store

The retail news may be dominated by department stores closing down completely or at least closing branches, but there may be some hope on the horizon as other companies step in to fill the void.
Fashion
Fashion hit hardest as 11,000 stores disappeared from high street last year says LDC

Fashion hit hardest as 11,000 stores disappeared from high street last year says LDC

​The grave state of physical retail, and fashion retail in particular, surfaced Wednesday as a report showed over 11,000 UK stores disappeared last year. Darker still, a further 18,000 stores could close this year.
Fashion
John Lewis announces eight further store closures

John Lewis announces eight further store closures

​John Lewis has confirmed the latest stores that won’t reopen after lockdown with eight locations set to shut down for good as its other 34 start reopening from April 12.
Fashion
Retail leaders are disappointed at "nothing new" business rates review

Retail leaders are disappointed at "nothing new" business rates review

There has been widespread condemnation of the UK government’s interim review of business rates with disappointed retail bosses saying the report offers nothing new, especially on the introduction of an online sales tax.
Fashion
Online shopping habits are here to stay, concierge services also key - Barclaycard study

Online shopping habits are here to stay, concierge services also key - Barclaycard study

The series of national lockdowns has resulted in significant changes to the way Britons consume goods, including what they buy, the channels they buy through and how they pay, according to new research.
Fashion