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.
-
Mar- 2019 -18 MarchLuxury Goods
Links of London on ‘verge of collapse’
British jewellery brand Links of London is on the verge of collapse, according to reports. The Times said the jeweller, which has around 350 stores, is now working with Deloitte, and has looked into a company voluntary arrangement (CVA) to cut rents and close stores, putting 500 jobs at risk.…
Read More » -
18 MarchPeople Moves
Moss Bros appoints Joules CEO as new director
Men’s fashion retailer Moss Bros has appointed Colin Porter as its new non-executive director, effective 18 March 2019. According to the retailer, Porter will become chairman of the company following its AGM in May 2019, when, as part of the board’s succession planning, the current chairman, Debbie Hewitt, will retire…
Read More » -
15 MarchClothing & Shoes
Inditex to merge Zara with Zara Home
Inditex is to merge Zara and Zara Home, despite growing the Zara Home brand since 2003. Integration plans have already been implemented in some locations, including St Petersburg, London and Madrid while the brands’ websites will continue to trade separately. For the meantime Zara Home will continue to trade as…
Read More » -
13 MarchClothing & Shoes
Sergio Rossi opens flagship in London
Shoe and handbag brand, Sergio Rossi, will be opening its newest store on London’s Mount Street, Mayfair. The 100 sqm retail space will be its flagship with an aim to “perfectly summarise” the identity of the brand. The store concept has been created by architect Marco Costanzi and a collection…
Read More » -
12 MarchFeatures
Kabooki: The ‘empty’ pop-up shop
Last month Kabooki, the company behind the Lego Wear license, launched a limited edition collection for adults at a playful pop-up in London, however instead of a shop with rails full of clothing, nothing was inside except plain white walls and some Snapcode – a sort of QR code for…
Read More » -
11 MarchHigh Street
Feb footfall signals 15th month of decline
Footfall fell by 2% in February, a significant decline compared with the previous year, when it fell by 0.2%, and marks the fifteenth consecutive month of decline. According to the BRC’s figures it was also the weakest February in five years. High street footfall was found to have declined by 1.9%, marking seven consecutive months of weakening…
Read More » -
5 MarchM&A
Sports Direct offers £139m for Findel
Mike Ashley’s Sports Direct has announced it has made a £139m bid for home shopping company, Findel. In a statement to the London Stock Exchange this morning (5 March), Sports Direct said it intended to purchase the remaining shares in Findel for 161p per share, a 1p reduction on the…
Read More » -
4 MarchClothing & Shoes
Former Debenhams and John Lewis director to launch own brand
Jo Hooper, a former womenswear director at John Lewis and Debenhams is set to launch her own clothing brand. Named Nrby, the new brand will launch with a pop-up store in London’s Belgravia area according to reports by Drapers with a website said to be launched later this week. Nrby’s…
Read More » -
Feb- 2019 -28 FebruaryAnalysis
How can small businesses prepare for Brexit?
Unfortunately one of the most significant problems regarding Brexit is the uncertainty. It was in 1973 that the UK, along with Denmark and Ireland, joined the European Economic Community – as the EU then was. This was a time when the political, cultural and economic landscape was vastly different. As…
Read More » -
25 FebruaryShopping Centres
Hammerson reports £268m loss and eyes further disposals
Shopping centre owner Hammerson has reported a loss of £268.1m in its 2018 FY results, also announcing it aims to make £500m in disposals this year. For the period ending 31 December the group saw its revenues drop 9% to £292m, Hammerson said the loss follows “a tough year particularly…
Read More »
