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'Local' London destinations almost back to full health but West End slumbers

'Local' London destinations almost back to full health but West End slumbers

​Footfall to London’s West End remain down by around half year-on-year even though visitor traffic to more ‘local’ London retail destinations is on its way to a full recovery.
Fashion
Regent Street landlord Crown Estate hangs on to cash to survive the pandemic

Regent Street landlord Crown Estate hangs on to cash to survive the pandemic

​The Crown Estate, like other major landlords, is aiming to conserve as much cash as it possibly can and has delayed the payment of its annual income to the Treasury in the face of a shortfall in rent payments.
Fashion
Re-Uniqlo is new recycling project from Fast Retailing

Re-Uniqlo is new recycling project from Fast Retailing

Uniqlo is diving deeper into recycling. It has unveiled the first products to be launched from its Re-Uniqlo initiative that collects its clothing no longer needed by customers “and gives them new life and new value”.
Fashion
Roland Mouret debut on Amazon's luxury platform

Roland Mouret debut on Amazon's luxury platform

As Amazon launches into luxury fashion and the debate rages about whether that’s a good thing or not, one major London name is backing the move.
Fashion
Rent the Runway cuts unlimited membership plan

Rent the Runway cuts unlimited membership plan

The designer clothing rental service has announced that it is discontinuing its unlimited membership in favor of a new pricing structure allowing subscribers to rent four, eight or 16 pieces a month.
Fashion
Rihanna reveals date of second star-studded Savage x Fenty show

Rihanna reveals date of second star-studded Savage x Fenty show

The entertainer and entrepreneur has announced that the Savage x Fenty Show, Vol. 2, will be broadcast via Amazon Prime on October 2 and will feature the likes of Lizzo, Demi Moore, Bella Hadid and Travis Scott.
Fashion
H&M splits from Chinese supplier following Uyghur forced labour accusations

H&M splits from Chinese supplier following Uyghur forced labour accusations

Swedish ready-to-wear giant H&M announced on Tuesday that it is cutting all ties with a Chinese yarn producer amid accusations of “forced labour” of Uyghurs in the Chinese province of Xinjiang.
Fashion
Westfield owner boosts finances, says sales and footfall improve

Westfield owner boosts finances, says sales and footfall improve

The French shopping centres giant has updated on footfall, sales and rent collections, as well as announcing a plan to “strengthen its balance sheet and increase financial flexibility to execute its long-term strategy”.
Fashion
John Lewis makes another loss, could convert part of flagship to offices

John Lewis makes another loss, could convert part of flagship to offices

John Lewis Partnership’s half-year results made difficult reading on Thursday as the department stores and supermarkets retailer that formerly could do no wrong continued to struggle.
Fashion
Next is strong despite lockdown sales falls, online and beauty power ahead

Next is strong despite lockdown sales falls, online and beauty power ahead

​Next delivered a well-received set of half-year results on Thursday and as well as demonstrating its relative strength during the pandemic, they highlighted some very encouraging current trading. 
Fashion
Retail entrepreneur Claudio Antonioli acquires Ann Demeulemeester

Retail entrepreneur Claudio Antonioli acquires Ann Demeulemeester

​Italian fashion entrepreneur Claudio Antonioli has acquired Antwerp-based Ann Demeulemeester. The designer, who exited her label in 2013, welcomed the news that the New Guards Group co-founder has taken control.
Fashion
Alibaba Group opens China factory as part of new manufacturing initiative

Alibaba Group opens China factory as part of new manufacturing initiative

Alibaba Group Holding Ltd on Wednesday unveiled a pilot factory in the eastern Chinese city of Hangzhou as part of its “smart manufacturing” business initiative.
Fashion
Chanel names Agathe Derain head of human rights

Chanel names Agathe Derain head of human rights

The French luxury house has promoted Agathe Derain, previously the responsible sourcing director for the brand's fragrance and beauty division, to a newly created role dedicated to human rights. 
Fashion
Walmart's Flipkart eyes overseas listing as early as 2021 - sources

Walmart's Flipkart eyes overseas listing as early as 2021 - sources

Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion.
Fashion
The Hut Group makes stellar stock market debut

The Hut Group makes stellar stock market debut

The British company behind Lookfantastic and Glossybox on Wednesday raised £1.88 billion in its initial public offering after selling 376 million shares at 500p each.
Fashion
Global-e gets key new exec from Boden, links with Never Fully Dressed

Global-e gets key new exec from Boden, links with Never Fully Dressed

​Cross-border e-commerce specialist Global-e has named a former Boden exec as its VP of Business Development and has also signed up Never Fully Dressed to its platform.
Fashion