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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Sep- 2024 -17 SeptemberGovernment
Sadiq Khan unveils plans to pedestrianise Oxford Street
The mayor of London, Sadiq Khan has again set out proposals to transform Oxford Street, including turning the road into a traffic-free pedestrianised avenue, in a bid to make it the “leading retail destination in the world.” The mayor has previously tried to implement major changes to Oxford Street, but…
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16 SeptemberNews
Today’s news in brief-16/9/24
The New West End Company (NWEC) has reported that the removal of tax-free shopping cost West End retailers £220m in unrealised sales during the first half of 2024. Despite a 3% increase in international tourists visiting London, their spending decreased by 12%. NWEC urges the government to reinstate the tax…
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16 SeptemberNews
The O2 announces trio of openings
Outlet Shopping at The O2 has announced a trio of retail additions to its lineup, including Clarks, Soletrader, and a London outlet debut for contemporary bedding brand, Bedeck. Clarks has returned to Outlet Shopping at The O2 after 3 years, opening a 3,259 sq ft store adjacent to Skechers and…
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16 SeptemberLuxury Goods
Tourist Tax cost retailers £220m in H1, says NWEC
The loss of tax-free shopping cost West End retailers £220m in unrealised sales in the first half of 2024, according to data from the New West End Company (NWEC). NWEC also claimed that the policy change cost West End retailers £400m in 2023. The number of international tourists visiting London…
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16 SeptemberShopping Centres
Battersea Power Station records strongest summer to date
Battersea Power Station has experienced its “strongest” summer to date, having recorded a 17% rise in footfall year-on-year from mid-July to the end of August. According to the London destination shopping centre, total visitor numbers exceeded 22 million since it opened to the public for the first time in its…
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16 SeptemberClothing & Shoes
British Fashion Council partners with JD.com
The British Fashion Council (BFC) has announced a new partnership between the BFC/Vogue Designer Fashion Fund and JD.com Inc., China’s largest retailer with 258.3m customers. With China being the world’s second largest consumer and luxury market and an increased interest from Chinese consumers for British designers, the partnership will allow…
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13 SeptemberClothing & Shoes
Barbour opens new store at Victoria Leeds
British heritage and lifestyle brand, Barbour, has opened its city debut store at Redical’s Victoria Leeds, marking its first New Heritage retail shop outside of London. Spanning two floors at Victoria Quarter’s 9-11 King Edward Street, the Barbour store is centred around the brand’s new design concept of New Heritage,…
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13 SeptemberSupply Chain
EU border rules to disrupt Christmas food deliveries, warns Logistics UK
Logistics UK, a leading trade group, has warned that a new fingerprint scheme which has been designed to tighten EU border security could disrupt fresh food deliveries in the run-up to Christmas, according to the Telegraph. According to the new rules, all non-EU passengers at Dover will have to go…
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12 SeptemberNews
Today’s news in brief-12/9/24
John Lewis Partnership reported a significant improvement in financial performance, narrowing pre-tax losses to £30m from £59m. Total revenue rose 2% to £5.2 billion, with Waitrose seeing a 5% sales increase. Investment in transformation, including new stores and digital initiatives, remains robust. PwC’s latest data reveals a rise in shop…
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12 SeptemberClothing & Shoes
NN.07 opens standalone store in Covent Garden
NN.07, the sustainable menswear brand, has opened its debut UK standalone store in Covent Garden’s Seven Dials as Gandys and Batch London are also set to join the destination. NN.07, short for ‘No Nationality’, has launched its first standalone UK store in the heart of Covent Garden’s Seven Dials at…
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