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Economy
Inflation jumps more than expected to 3.8%
Inflation rose more than expected in July, rising to 3.8%, the highest rate in 18 months. On a monthly basis,…
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Clothing & Shoes
Shein mulls China relocation to secure Hong Kong IPO
Shein is reportedly considering a move back to China in order to enable it to go public in Hong Kong,…
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Department Stores
John Lewis to add 100 new clothing brands to lineup
John Lewis is reportedly adding 100 new clothing brands to its stores in a bid to compete with Next and…
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Supermarkets
EG Group to sell Australian arm to Ampol
EG Group, an international operator of convenience retail, foodservice and fuel stations, has agreed to sell its Australian business to…
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Clothing & Shoes
Claire’s on brink of collapse, 2,150 jobs at risk
Claire’s has appointed administrators in the UK as the jewellery retailer nears collapse, with around 2,150 jobs at risk. Interpath…
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Shopping Centres
Affinity portfolio hits 98% occupancy in H1
Affinity, a portfolio of four UK outlet shopping centres, has welcomed a “standout” half-year performance, with 98% of space now…
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Shopping Centres
Søstrene Grene and Hollister to open new stores at Midsummer Place
Property investment group NewRiver has announced two new lettings at Midsummer Place in Milton Keynes, with the addition of Søstrene…
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High Street
Poundland confirms location of 12 further store closures
Poundland has confirmed the locations of a further 12 stores that are set to close under its restructuring plan, taking…
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Clothing & Shoes
River Island’s restructuring plan greenlit by High Court
A High Court judge has approved River Island’s plans to shutter 33 stores, cut rents on a further 71 shops…
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Clothing & Shoes
Crocs welcomes ‘solid’ Q2 but warns of future uncertainty
Crocs has welcomed a “solid” second quarter, as revenues jumped 3.4% to $1.149bn (£855m), but warned that its third quarter…
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