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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
Leather Working Group links with Textile Exchange

Leather Working Group links with Textile Exchange

The UK-based, globally-focused Leather Working Group (LWG), which provides certification for the leather manufacturing industry, has agreed to partner with Textile Exchange to grant reciprocal membership.
Fashion
UK consumer confidence remains buoyant

UK consumer confidence remains buoyant

UK consumer confidence finally edged ahead of its March 2020 pre-lockdown score in July, with shoppers in a spending frame of mind. It was still negative (at -7), but it's held firm or improved for six months in a row.
Fashion
Stockmann cautiously upbeat as Q2 performance accelerates

Stockmann cautiously upbeat as Q2 performance accelerates

​Finnish retail giant Stockmann's Q2 and half-year results showed a dramatic improvement all round. Revenue rose over 20% in the last three months, while the gross margin and adjusted operating profits jumped too.
Fashion
Fears for Morrisons as lead bidder will look at property assets

Fears for Morrisons as lead bidder will look at property assets

​Concerns have emerged that Morrisons may face heavy costs after it's been taken over by private equity. The lead bidder will conduct a review of the property portfolio, raising the spectre of sale/leaseback deals.
Fashion
Clothing spend booms in latest quarter - Nationwide report

Clothing spend booms in latest quarter - Nationwide report

​Britons have been spending more money on clothing in the past few months, as well as visiting charity shops more often.
Fashion
New Touchwood shopping centre owner has big UK plans

New Touchwood shopping centre owner has big UK plans

New owner. Big plans. Acquisition-hungry The Ardent Companies has completed the takeover of Touchwood shopping centre in Solihull, West Midlands, from Lendlease Retail Partnership, for an undisclosed sum.
Fashion
High street boost: 17k new local stores could open in 12 months - report

High street boost: 17k new local stores could open in 12 months - report

In a major boost to UK physical retail that has been devastated by widespread closures during the pandemic, we could expect 17,000 local high street stores to open in the next 12 months, according to new research.
Fashion
MySale's shift to marketplace platform delivers results

MySale's shift to marketplace platform delivers results

Big operational changes at MySale have borne fruit. The online fashion and lifestyle retailer's shift to an Australia/New Zealand focus while scaling the business to a new marketplace seller platform has worked well.
Fashion
Retail reboot: Hammerson replaces New Look with surprise Brent Cross tenant

Retail reboot: Hammerson replaces New Look with surprise Brent Cross tenant

​The changes that are happening in retail became very clear on Wednesday as major landlord Hammerson said that the former New Look store at the giant Brent Cross mall will be replaced by a medical facility. 
Fashion
Next smashes forecasts as Q2 sales surge

Next smashes forecasts as Q2 sales surge

​Fast-growing fashion retail giant Next said on Wednesday that it had easily beaten its own expectations for full-price sales, with the last 11 weeks seeing an 18.6% surge compared to the same period in 2019.
Fashion
Know the Origin opens zero-waste pop-up

Know the Origin opens zero-waste pop-up

Know the Origin has just opened its latest pop-up and first zero-waste store at community-led retail and leisure destination Angel Central that has recently benefited from a £16 million refurbishment.
Fashion
Morrisons potential bidder won't go solo, in talks to join rival bid group

Morrisons potential bidder won't go solo, in talks to join rival bid group

​The prospects of an all-out bidding war for UK supermarkets giant Morrisons have receded with news that one of the private equity groups that was interested in it won’t be making a bid on its own.
Fashion