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Rapid rebound in London West End's economy lifts Shaftesbury’s year

Rapid rebound in London West End's economy lifts Shaftesbury’s year

When a company’s results statement opens with an upbeat message, what generally follows is news of a business on the rise. And London-centric property giant Shaftesbury is no exception, judging by its year-end results.
Fashion
H&M opens revamped Merry Hill store, adds kidswear to the mix

H&M opens revamped Merry Hill store, adds kidswear to the mix

​H&M is continuing the upgrade programme for its key UK stores with Sovereign Centros on Tuesday announcing that the brand has relaunched at the major Merry Hill mall near Dudley in the Midlands.
Fashion
Matalan commercial chief exits - report

Matalan commercial chief exits - report

Matalan has reportedly made its chief commercial officer redundant with James Brown stepping down from his board-level role with immediate effect.
Fashion
Dark days ahead as retailer gloom deepens, says CBI survey

Dark days ahead as retailer gloom deepens, says CBI survey

​Black Friday’s better-than-expected sales boost may have grabbed the headlines in recent days, but overall, the retail outlook has “darkened in November”. That's according to the new CBI distributive trades survey.
Fashion
Revolution Beauty's COO Holt steps up as CEO, Boohoo doubles its stake to 26%+

Revolution Beauty's COO Holt steps up as CEO, Boohoo doubles its stake to 26%+

Troubled mass-market retailer Revolution Beauty has promoted its interim chief operating officer Bob Holt to chief executive. The news came as it emerged that Boohoo has more than doubled its stake in the company.
Beauty
Via Outlets on track for best year ever

Via Outlets on track for best year ever

​Outlet villages operator VIA Outlets said on Monday that its “strong year-to-date performance puts the owner-operator on track for its best year ever”.
Fashion
Unsold stock in UK warehouses leads to major discounts, luxury joins in

Unsold stock in UK warehouses leads to major discounts, luxury joins in

​UK warehouses are full of unsold stock, according to reports, with M&S one of the main sufferers from the problem that’s caused by a mix of cautious shoppers, milder-than-expected weather and faster supply chains.
Fashion
Black Friday UK fears unfounded as shopping discounts continue to hit the mark

Black Friday UK fears unfounded as shopping discounts continue to hit the mark

Well, that was a surprise. After dire warnings about how weak Black Friday might be given consumer nervousness over spending and the World Cup distracting their attention, it actually turned out to be quite an event.
Fashion
EY UK Future Consumer Index: shoppers cut back spending for Christmas

EY UK Future Consumer Index: shoppers cut back spending for Christmas

​Consumer intentions are always closely watched at this time of year and in 2022 even more so as studies come thick and fast informing us that shoppers will be reining-in their spending.
Fashion
Primark to create 800+ UK jobs with new store plans

Primark to create 800+ UK jobs with new store plans

We may be more used to Primark opening new stores in growth markets, such as the US and parts of Europe, rather than the British market, but on Friday it made clear it hasn't run out of steam on its ambitions for the UK.
Fashion
Sephora: Guillaume Motte appointed president and CEO of Sephora

Sephora: Guillaume Motte appointed president and CEO of Sephora

Guillaume Motte, previously deputy CEO of Fashion Group, owner of Givenchy, Loewe and Patou has been appointed president and CEO of Sephora, the selective perfumery brand of the LVMH group. 
Beauty
Superdrug event 'Presents' to return in February

Superdrug event 'Presents' to return in February

​Fresh from launching its online marketplace just last week, Superdrug has now announced the return of Superdrug Presents, its biggest beauty & health experience, which will span over three days in February.
Beauty
Oxford Street footfall dropped more than UK average last month - report

Oxford Street footfall dropped more than UK average last month - report

​London’s Oxford Street is having a tough time since the pandemic ended. The UK capital’s major retail thoroughfare saw footfall dip by 37% month-on-month in October, hit harder than the overall decline across the UK.
Fashion
H&M Regent Street relaunches with UK Rental debut and Beauty Bar

H&M Regent Street relaunches with UK Rental debut and Beauty Bar

​H&M Group may have closed a number of its UK stores, but it’s also focusing on enhancing its estate and on Thursday reopened its H&M Regent Street flagship with new services in-store.
Fashion
L'Oréal launches North Asia cosmetics brand via joint venture

L'Oréal launches North Asia cosmetics brand via joint venture

L’Oréal has launched Shihyo, a cosmetics brand designed for North Asian consumers, in joint venture with Korean high-end hotel chain Hotel Shilla and the Anchor Equity Partners investment fund.
Beauty
Many Britons shop cross-border to find goods cheaper outside of the UK - Global-e report

Many Britons shop cross-border to find goods cheaper outside of the UK - Global-e report

Black Friday could be bleak for UK retailers. How so? Some 48% of Britons says they are shopping online from international retailers for the event, finding better deals from in China and the US, new data shows.
Fashion