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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Jul- 2023 -13 JulyLuxury Goods
Watches of Switzerland profits jump 23% to £155m
Watches of Switzerland has posted a 23% increase in profits to £126m, up to £155m, for the year ended 30 April 2023. The increase comes amid a 25% increase in revenues to £1.5bn compared with £1.2bn in 2022. For the UK and Europe specifically the retailer posted revenues of £890m…
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11 JulyNews
Waitrose announces partnership with UberEats
Waitrose has announced plans to grow its position in on-demand grocery shopping and the convenience sector with a new multi-year partnership with UberEats. The partnership has now launched on the UberEats platform in five initial London stores, including John Barnes in Finchley Road, West Hampstead, Clerkenwell, St Katharine Docks and…
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6 JulyNews
Selfridges to launch Swap Shop this month
Selfridges has recently announced it will launch a Swap Shop by LOANHOOD, from 10th to 30th of July, in its flagship London store. For the first time, Selfridges’ customers can bring in their preowned pieces to exchange for stamps to ‘shop’ a curation of secondhand pieces to take home, offering…
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6 JulyLuxury Goods
Dune London partners with Reskinned on take-back scheme
Dune London has announced a partnership with clothing repair and resale company Reskinned on the launch of a take-back programme. The scheme, which was launched yesterday (5 July), allows customers to return pre-loved Dune London shoes in any condition and receive a voucher for up to £40 off their next…
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6 JulyOnline & Digital
TikTok opens pop-up shop on Oxford Street
TikTok Shop UK is opening its first pop up on Oxford Street in London, to show the brands and creators selling on the platform in a real world context. The pop up is not open to the public, but will be open to existing and prospective merchants and creators to…
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4 JulyNews
Burberry opens refurbished Bond Street store
Burberry has announced the anticipated reopening of its global flagship store on New Bond Street, London. Located at 21-23 New Bond Street, the iconic destination reinforces Burberry’s position as the modern British luxury brand. An evolution of its store concept, the flagship is home to an immersive shopping experience, offering…
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Jun- 2023 -27 JuneHigh Street
Hot weather fails to tempt shoppers as footfall drops by 2.3%
The recent hot and sunny weather failed to tempt shoppers last week, as footfall across all UK retail destinations fell by -2.3% against the week before, according to new data from MRI Springboard. This was a “sharp” contrast with the week before last, when footfall rose by an average of…
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26 JuneClothing & Shoes
Moncler Group considers in house distribution for Stone Island
Owner and operator of Stone Island, The Moncler Group, is considering taking the brand’s UK distribution in house, Drapers has reported. The news comes as several industry sources have reportedly indicated that the group, which acquired Stone Island in 2020, is thinking about taking the brand’s UK distribution in house…
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26 JuneNews
Gymshark CCO steps down
Gymshark has announced that its chief commercial officer, Niran Chana, has stepped down from the role after eight years. Chana joined the fitness wear retailer as a customer service manager and has since held positions in the company’s management team, being in charge of the management of merchandising, planning, marketing…
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22 JuneClothing & Shoes
Monsoon opens Islington boutique
Fashion retailer Monsoon has opened its latest boutique store, at 290 Upper Street, Islington, N1 2XF. It said the opening comes after the successful launch of boutique locations in Bath, Edinburgh and Cambridge over the last year. It said it comes in line with Monsoon’s strategy to open elevated retail…
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