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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Jan- 2023 -25 JanuaryLuxury Goods
Michael Kors appoints new CEO
Michael Kors owner Capri Holdings has announced the appointment of Cedric Wilmotte as the CEO of Michael Kors effective 3 April 2023. Wilmotte recently served as the interim CEO for Versace from January through September 2022 and is currently Versace’s COO. Prior to his time at Versace, Wilmotte led the…
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18 JanuaryClothing & Shoes
Burberry sales rise 1% amid Chinese ‘covid disruption’
British retailer Burberry has announced that its like for like sales only grew 1% for the 13 weeks ended 31 December 2022 as a result of covid related disruptions in China. When excluding China, the company’s sales rose 11%. Sales in the EMEIA region increased 19%, driven by sales to…
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17 JanuaryClothing & Shoes
Burberry unveils new senior positions in leadership team
Burberry has appointed Giorgio Belloli and Delphine Sonder to the newly-created roles of chief digital, customer and innovation officer and chief merchandising officer respectively, with immediate effect. Belloli will be responsible for leading the global e-commerce, digital product, and analytics teams, as well as a newly-formed innovation function. Meanwhile, Sonder…
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16 JanuaryPeople Moves
Landsec eyes Sir Ian Cheshire as chairman
Landsec, the property group that owns 50% of Bluewater shopping centre, is considering appointing Sir Ian Cheshire as its new chairman. According to Sky News, Landsec is lining up the former Debenhams chairman to replace Cresida Hogg with the appointment potentially coming as early as this month. Cheshire is currently…
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16 JanuarySupermarkets
Sainsbury’s and Just Eat agree grocery delivery partnership
Just Eat has launched a new partnership with Sainsbury’s, marking the platform’s second tie-up with one of the UK’s ‘Big Four’ grocery brands. The partnership will launch with more than 175 stores by the end of February in locations including London, Edinburgh and Bristol, with plans to roll out to…
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11 JanuaryClothing & Shoes
Boohoo to axe roles at London office
Boohoo Group is set to make a series of job cuts across its London office, and is reportedly consulting on more than 100 redundancies. According to the Times, the majority of roles under threat are in its e-commerce, buying and design departments. A consultation reportedly launched last week, though a…
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Dec- 2022 -22 DecemberHigh Street
Made.com board proposes vote on liquidation
The board of Made.com has formally proposed the winding up of the business through a voluntary liquidation process. In a statement to the London Stock Exchange (LSE), Made said this will enable liquidators appointed by the company to realise the company’s remaining assets pending completion of the administration of MDL…
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20 DecemberSupermarkets
Tesco to open three more GetGo stores with new hybrid format
Tesco has announced a further expansion of its GetGo stores trial, with the first of three already open at Chiswell Street Express. The expansion of the trial – which will include two stores in London and another in Birmingham – will allow more customers to shop and pay without scanning…
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20 DecemberHigh Street
Rail strikes and cold weather sees high street footfall fall 10%
The rail strikes and a bout of cold weather negatively impacted high street footfall last week, a key period for retailers in the run up to Christmas, with footfall falling -10.2, according to the latest figures from Springboard. Footfall across all UK retail destinations was -0.9% lower than last year…
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20 DecemberSupermarkets
Sainsbury’s to hire 18,000 seasonal workers
Sainsbury’s is hiring for 18,000 additional roles over the Christmas period to help meet extra demand over the peak season, with 15,000 roles created at Sainsbury’s, 2,000 roles at Argos and 1,000 in logistics. The temporary workers will help to serve customers, keep shelves stocked and pick, pack and deliver…
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