London
This coverage focuses on retail activity, trends, and developments in London, a central hub of the UK retail industry. Reporting highlights flagship store openings, property developments, regional economic factors, consumer behaviour, and strategic moves by both international and domestic brands. Tailored for retail executives and managers, it offers insights into operating and competing in one of the world’s most dynamic retail markets.
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Jul- 2021 -23 JulyHigh Street
Ted Baker moves HQ to Fitzrovia
Ted Baker has announced plans to move to a new headquarters in central London. The fashion brand has signed a 10-year lease with Westminster City Council, with rent of £900,000 and plans to move to the new building in Fitzrovia, London next summer. The move will allow the group to…
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23 JulyHigh Street
Hotel Chocolat raises £40m in stock market debut
Hotel Chocolat has announced the completion of the placing of ordinary shares at £0.1p each raising gross proceeds of £40m on the London Stock Exchange. Having received strong demand from existing shareholders and other institutional investors, a total of 11,112,913 new ordinary shares were placed at a price of 355p…
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22 JulyHigh Street
Ryman selects new CEO
Ryman has announced that it has hired Peter Birks as its new CEO, with effect 2 August 2021. He brings with him 15 years of experience as an executive leader, with a record in delivering growth and “maximising” operational efficiencies within multichannel organisations. He has held leadership roles in retailers…
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22 JulyClothing & Shoes
Burberry opens flagship store in London
Burberry has announced the opening of its first flagship store which features the brand’s new global design concept, situated in Sloane Street, London. The store opening mirrors that of founder Thomas Burberry, who opened his first London store in the SW1 area 130 years ago, it still remains the home…
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21 JulyEntertainment
HMV to open 10 high street sites
HMV, the music and entertainment retailer, reportedly intends to launch 10 new shops across the UK this year. According to the BBC, the plans include the opening of a new London flagship site, following the closure of its former Oxford Street flagship as the group collapsed into administration over two…
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19 JulySport & Leisure
NBA launches debut UK store in partnership with Fanatics
The National Basketball Association (NBA), in partnership with sports merchandise retailer Fanatics, has announced the launch of a debut UK NBA store. Located at 14-16 Foubert’s Place in London’s Carnaby, Soho area, the store features a range of NBA and WNBA merchandise and memorabilia. Products such as apparel, jerseys, headwear,…
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19 JulySupermarkets
Morrisons set to unveil plans for chekout-less store
Morrisons is reportedly set to unveil plans for a checkout-less store, allowing customers to place their shopping straight into their bags and leave the store. According to reports first revealed by the Mail on Sunday, the grocer is currently trialling a store for its staff outside of its HQ in…
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16 JulyLuxury Goods
Liberty London swings to £12.6m loss in FY21
Liberty London has swung to a management EBITDA loss of £12.6m for the 52 weeks ended 30 January 2021, following profits of £14.4m the previous year. While the group’s Great Marlborough Street flagship was closed for almost six months during the financial year, Liberty claimed that its online operations “benefitted…
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13 JulyClothing & Shoes
Seraphine successfully prices IPO at £150m
Seraphine Group, the digitally-led maternity and nursing brand, has successfully priced its IPO’s market capitalisation at £150.2m. Priced at 295 pence per ordinary share, conditional dealings in the company’s shares commenced on the London Stock Exchange at 8am on 13 July 2021. Some 20,677,011 new shares have been issued by…
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12 JulyOnline & Digital
Klarna acquires shopping platform Hero
Klarna has announced the acquisition of the social shopping platform Hero, introducing the platform to its 250,000 retail partners across the world. The platform is reportedly designed to provide consumers with “inspiration, advice and immediately shoppable content produced directly from retailers’ physical stores”. Klarna said the acquisition would allow in-store…
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