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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Jun- 2023 -21 JunePeople Moves
Pentland Brands appoints chief financial officer
Pentland Brands, the owner of Speedo, Ellesse and Berghaus, has announced the appointment of Graham Burridge as the group’s new chief financial officer. He joins London-based advertising, marketing and public relations firm WPP, where he held the role of chief operating officer and chief financial officer from February 2022. Previously,…
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20 JuneNews
Kurt Geiger prepares for international expansion amid new funding
Kurt Geiger, the premium footwear and accessories brand owned by international private equity firm Cinven, has recently agreed a new funding package to refinance its existing debt and support its international growth strategy. The combined facilities were provided by Wells Fargo Capital Finance UK, a part of Wells Fargo &…
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20 JuneSport & Leisure
Peloton UK losses widen to £210m
The UK arm of Peloton has announced losses of £210m for the year ended 30 June 2022, nearly double the £81m loss it posted last year. Furthermore, the company saw a 13% decrease in turnover from £147m down to £128m. Peloton attributed the decrease in turnover down to slowing sales…
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20 JuneProperty
John Lewis writes down head office by £15m
John Lewis Partnership has reportedly written down the value of its head office in Victoria, London by £15.6m, amid a rise in hybrid working. According to The Times, the group has also pushed ahead with the writedown due to depressed commercial property valuations in light of rising interest rates. The…
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16 JuneNews
EE opens new visionary store in Westfield London
EE has unveiled the future face of retail at its visionary new flagship store, The EE Studio, located in Westfield London, White City. Designed to empower customers with the best connectivity and technology solutions for their whole connected life, the 4,230 sq ft showcase will also serve as a hub…
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13 JuneClothing & Shoes
Sweaty Betty appoints new global brand president
Wolverine Worldwide has announced the appointment of Melissa Mullen as the new global brand president for its Sweaty Betty brand. Mullen most recently served as vice president and general manager of UK and Ireland for Jo Malone London, a lifestyle brand owned by the Estée Lauder Companies. At Jo Malone…
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13 JuneShopping Centres
Borough Yards welcomes 12 new brands
South London’s Borough Yards, a 140,000 sq ft regeneration project, has welcomed 12 additional brands that will see the mixed-use district expand its beauty, food, fashion and homeware operators. The new tenants include Ace and Tate, After School Cookie Club, Amorino, Atis, Bancone, Hagen, Kitchen Provisions, Longboys, Lids, Malin and…
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13 JuneNews
Farah opens new London store in Soho
Shaftesbury Capital, the leading central London mixed-use REIT, has announced the opening of menswear brand Farah’s new site in Soho, London. The 1,100 sq ft store, split across the basement and ground level, is part of the newly refurbished retail units at the south end of Berwick Street. Originally founded…
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12 JuneNews
Lush launches Asteroid City-inspired pop-up in London
Lush has recently launched a new pop-up shop in Soho, London, to celebrate Wes Anderson’s latest film Asteroid City. In collaboration with film production company Focus Features and Indian Paintbrush, the Lush X Asteroid City gift shop was launched on the 8th of June and will last five weeks. In…
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12 JuneClothing & Shoes
Skims launches first London pop-up store
Skims has announced the opening of its first-ever European pop-up experience at the iconic Corner Shop at Selfridges London. The Skims residency in The Selfridges Corner Shop is described as “the most conceptual Skims pop-up experience to date”, designed in partnership with the brand’s long-time collaborator, Willo Perron of Perron-Roettinger. …
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