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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Feb- 2025 -13 FebruaryClothing & Shoes
Birkenstock FY turnover rises 25% to £59.8m amid store expansion
Birkenstock has reported that its turnover rose 25.1% to £59.8m in the year ended 30 September 2024, thanks to a rise in UK revenues due to a bricks-and-mortar store expansion. According to the footwear brand, its sales during the period have been “above initial expectations”. This was also attributed to…
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12 FebruaryPeople Moves
Dr. Martens names former John Hardy CEO as one of two new NEDs
Dr. Martens has announced the appointments of Robert Hanson and Benoit Vauchy as non-executive directors of the company with effect from 26 March 2025. Hanson is an experienced executive with a track record of delivering growth at consumer brands. He was CEO of John Hardy and American Eagle Outfitters and…
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11 FebruaryNews-In-Brief
Today’s news in brief-11/2/25
Fast fashion giant Shein has scrapped plans to open a UK warehouse in the Midlands, initially intended to support its anticipated £50bn London Stock Exchange listing. The company had explored sites in Derby, Coventry, and other locations but confirmed no immediate need for a UK facility. The decision follows mounting…
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11 FebruaryClothing & Shoes
Kate Spade to open new store at The O2
Lifestyle brand Kate Spade New York will open a new 2,408 sq ft store at the Outlet Shopping at The O2 this Spring. Located on the outlet’s upper level, the store will mark the brand’s London outlet debut while being inspired by elements of both uptown and downtown New York,…
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11 FebruaryClothing & Shoes
Shein abandons UK warehouse opening amid London listing uncertainty
Fast fashion group Shein has reportedly abandoned plans to open a warehouse in the Midlands, according to The Telegraph, as its plans for a London IPO continues to face difficulties from the EU and the US. The search for a UK warehouse was thought to started as a way for…
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11 FebruaryDepartment Stores
Dunelm CEO to retire amid strong H1 trading
Dunelm CEO Nick Wilkinson is set to retire from his position following seven years in the role as Dunelm announced strong trading for the first half of the year. The company saw its total sales rise 2.4% to £893.7m, up from £872.5m in the same period last year, during the…
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10 FebruaryHealth & Beauty
Aesop opens new store in Victoria Leeds
Luxury skincare brand Aesop has opened a new shop in Victoria Leeds, marking the brand’s first store opening in 2025 and debut in the North of England. Aesop has joined Victoria Leeds’ premium tenant mix with a 753 sq ft unit alongside fellow best-in-class beauty brands, Le Labo, L’Occitane, and…
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10 FebruarySupermarkets
Lidl increases pay for 28,000 hourly-paid staff
Lidl has announced a pay increase for 28,000 hourly-paid employees, with new rates coming into effect in March 2025. The discount grocer confirmed entry-level pay will rise to £12.75 nationally, up from £12.40 and increasing to £13.65 with length of service. Meanwhile, in London, new starters will see pay rates…
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10 FebruaryHigh Street
Ikea receives 3,730 job applications in five days for Oxford Street store
Ikea has received 3,730 applications in just five days for its new Oxford Street store which is set to open in Spring 2025. According to Ikea, the high level of interest in the 150 available positions marks the “largest-ever” response the home furnishing retailer has seen in the UK, “breaking…
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10 FebruarySupply Chain
British retailers search for import solutions amid US tariff chaos
British retailers are looking for ways to navigate recent import changes in the US amid ongoing “chaos and uncertainty” over Trump’s new tariff regime, with some exploring a restructure of their US operations or suspending exports altogether.It comes as the president recently imposed an additional 10% tariff on Chinese-made goods,…
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