London

Richemont’s Yoox Net-a-Porter acquisition approved by Italian regulator

Italian market watchdog Consob has given the green light for Richemont’s takeover of luxury online retailer Yoox Net-A-Porter (YNAP). Swiss-based…

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Research shows Brexit doesn’t mean exit for international retailers in London

Research from real estate advisor, Colliers International, reveals that in the face economic uncertainty due to Brexit, Central London still…

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Oxford street pedestrianisation edges closer amid widespread support

Plans to transform London’s Oxford Street into a pedestrian-only zone has received widespread support, according to a consultation report. Transport…

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Study finds independent retail and leisure outlet growth is soaring

As multiple stores like New Look, Maplin and Toys ‘R’ Us close, a study by OnBuy.com has found that this has…

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Retail footfall drops in February

Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen…

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New Look announces CVA proposal, 980 staff at risk

Clothing chain New Look has announced company voluntary agreement (CVA) proposal that will look to close up to 60 stores,…

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Burberry appoints Riccardo Tisci as chief creative officer

Burberry has announced that Riccardo Tisci has been appointed chief creative officer, replacing longtime creative chief Christopher Bailey effective 12…

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Hammerson Intu takeover plans still firm

Shopping centre owner Hammerson will continue with its plans to takeover rival Intu for £3.4bn. This was announced as the…

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Philip Green considers selling Arcadia to Chinese firm

British retail magnate Sir Philip Green is reportedly in talks to sell part of the Arcadia Group to a Chinese…

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Poundland owner appoints Richard Heis as restructuring officer

Struggling retail giant Steinhoff has appointed Richard Heis as chief restructuring officer charged with the task of returning it to…

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