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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Oct- 2023 -24 OctoberNews
Sephora to open second UK store next month
Following the success of its first opening in the UK, Sephora has now announced that its second UK site will open in Westfield Stratford on 15 November. The store will offer 125 brands across makeup, skincare, haircare and fragrance categories. As well as its own brand collection, the shop will…
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23 OctoberNews
Today’s news in brief-23/10/23
John Lewis is facing criticism from city planners over its affordable housing plans. Initially, the company aimed to make 20% of the housing in its Bromley development affordable. However, recent revelations indicate that only 10% of the flats will be designated as affordable. The Greater London Authority’s Planning Unit deems…
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23 OctoberFeatures
How the FatFace deal lines up with Next’s aggressive acquisition strategy
This year has been a year full of big mergers and acquisitions and October has continued in that vein. The latest of these acquisitions has come in the form of Next’s £115m takeover of lifestyle brand FatFace. This deal is the latest in a long line of acquisitions by Next…
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23 OctoberDepartment Stores
London planners blast John Lewis over affordable housing plans
London planning officials have accused John Lewis of planning to build “executive housing” which will not help local families. In planning documents, the company stated that it aimed to make 20% of the housing at its Bromley development affordable. However, John Lewis revealed that as little as 10% of the…
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20 OctoberNews
EE ventures into ecommerce with new brand launch
EE has announced that it is broadening its horizons from traditional telecommunications services to venture into the ecommerce market. In this landmark shift for the brand, EE has rebuilt its business from inside out based on the current and future needs of its customers. Following extensive customer research, the four…
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18 OctoberClothing & Shoes
Kurt Geiger owner eyes £400m sale
The private equity backers of Kurt Geiger are reportedly considering a £400m sale of the brand. According to Sky News, Cinven, which has owned the footwear company since 2015, is now working with advisors at Bank of America on a prospective auction. Sources told Sky that a sale process was…
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17 OctoberSponsored Articles
How to ‘sleigh’ your holiday campaigns
It’s time to expect the unexpected. The way consumers shop during the holidays has undergone a significant transformation in recent years. Not only are they starting earlier, but as the UK’s cost-of-living crisis continues, they’re also spending less across all categories. Customers are buying seasonal items earlier, focusing more on…
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17 OctoberClothing & Shoes
Fred Perry reports record year as profits surge
British heritage brand Fred Perry has reported a “record year” as its profit before tax increased by 34% to £15.6m for the 12 months to 31 December 2022. Its revenues also increased by 20.8% year on year to £135.7m. Fred Perry said that 2022 saw a more stable year after…
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16 OctoberNews
Covent Garden welcomes 16 new retail brands in six months
Shaftesbury Capital has signed 16 new retail brands across its Covent Garden estate in the last six months, cementing the area as one of central London’s leading retail destinations. Recently HOKA, the running shoes and apparel brand, and Balibaris, the international menswear label, opened their first ever retail location in…
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16 OctoberSupermarkets
Aldi to open 12 new stores before Christmas
Aldi has revealed that it plans to open 12 additional stores across the country before the end of the year. The supermarket, which opened its 1,000th UK store in Woking last month, will be opening one new store a week between now and the end of the year. New stores…
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