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.
-
Feb- 2024 -19 FebruaryNews
Wolf and Badger opens flagship shop in London
Wolf and Badger, the multi-channel retailer, has officially launched its UK flagship store at 102 Berwick Street, in Soho London. The opening represents a milestone moment in the brand’s bricks-and-mortar presence, and reaffirms Shaftesbury Capital’s portfolio-wide appeal to high-quality retailers. Wolf and Badger’s 1,400 sq ft unit at 102 Berwick…
Read More » -
16 FebruaryNews
Today’s news in brief-16/2/24
In January 2024, the UK experienced a significant rebound in retail sales, rising by 3.4% following a 3.2% decline in December. This surge, the largest since April 2021, comes amidst continued inflation, with prices increasing by 4% in January. Despite the rise in prices, consumer spending increased by 3.9%, indicating…
Read More » -
16 FebruaryLuxury Goods
The Watches of Switzerland opens Tag Heuer in London Gatwick
The Watches of Switzerland Group has announced the opening of a new Tag Heuer boutique in London Gatwick, South Terminal. The single floor boutique, which has been designed to “the highest luxury specification” in conjunction with the brand’s interior design team, will stock a range of men’s and women’s luxury…
Read More » -
16 FebruaryHigh Street
NWEC calls for return to tax-free shopping as tourist spending gap widens
The New West End Company (NWEC) has called for the return of tax-free shopping as the gap between the number of international visitors in London and the spending associated with them widened in the final quarter of last year. According to the latest figures released by NWEC, despite a recovery…
Read More » -
14 FebruaryHigh Street
Intimissimi opens new store on Kensington High Street
Oniverse Group, formerly known as Calzedonia Group, has announced the expansion of the Intimissimi brand in the UK with the opening of a new store on Kensington High Street, West London. The new store, which is located at 123a Kensington High Street W8 5SF, joins the existing eight locations within…
Read More » -
13 FebruaryHigh Street
Wet weather sees footfall slump 5.2%
Heavy rain and snow across some parts of the UK saw footfall drop 5.2% across all retail destinations when compared with the previous year, according to the latest data from MRI Springboard. Footfall declined 7.9% in high streets with many office workers choosing to work from home where possible, with…
Read More » -
9 FebruaryNews
Verte and Round Retail launch pop-up shop
The Sloane Stanley Estate has announced that Verte and Round Retail have launched a collaborative pop-up shop at 340 King’s Road, in support of local mental health charity, SMART. Verte, the pop-up swap shop for pre-loved fashion, and Round Retail, which aims to bridge the gap between fashion resale and…
Read More » -
9 FebruaryHigh Street
EE opens new Gateshead store amid £6m investment
EE has announced the opening of its latest Experience store in Gateshead, the fourth of 10 planned openings. The announcement comes as EE commits to investing £6m in the British high street in the next 12 months. The company has launched new store formats including its flagship Studio store in…
Read More » -
9 FebruaryHigh Street
Waterstones pre-tax profits plummet amid tech issue
Waterstones revealed that pre-tax profits fell to £11.2m in the year ending 29 April 2023 from £50.6m reported last year, as a technical issue led to a backlog of orders from bookshops. Waterstones has attributed its performance to a technical issue at its central distribution, following the introduction of a…
Read More » -
8 FebruaryClothing & Shoes
Primark to invest £100m into UK stores
Primark has announced it is to invest more than £100m in its UK stores in 2024, as it marks 50 years on the Great British High Street. The news includes more than £75m of new investment in UK retail this year, building on plans it announced back in November 2022.…
Read More »
