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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Nov- 2022 -29 NovemberHigh Street
Black Friday boosts footfall +9.3% YOY
Footfall was up +9.3% compared with 2021 across all UK retail destinations on Black Friday, according to the latest figures from Springboard. Shopping centres were the clear winner on Black Friday with a rise in footfall of +16.8%, followed by high streets (+11.3%) and then retail parks (+7.1%). However, despite…
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28 NovemberProperty
Oxford Street to see 1m sq ft of retail spaces converted to offices
London’s Oxford Street is set to see 1.32 million sq ft of new office schemes proposed for delivery in the next five years, in a move that has been called a “generational change” by Savills. Analysis from Savills found that the extent of potential in the conversion of former retail…
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28 NovemberHealth & Beauty
Revolution beauty announces new CEO
Multi-channel beauty company Revolution beauty has announced Bob Holt OBE as its new CEO. Holt has been interim CEO at the company since 14 October 2022 and has now officially taken the position full time effective immediately. He has more than 30 years of experience in senior leadership positions having…
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25 NovemberClothing & Shoes
Frasers group acquires Savile Row tailor
Sports Direct owner Frasers group has reportedly struck a deal to acquire historic Savile Row tailor Gieves and Hawkes. According to the BBC, the company owned by Mike Ashley has been interested in a potential deal since September and has now finally secured the “long term future” of the 250…
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24 NovemberClothing & Shoes
H&M reopens Regent Street flagship following refurb
H&M have reopened its flagship Regent Street store today (24 November), following a refurbishment and additions to the site’s offerings. It is reported that the site now has a “world leading” interior look and feel, as well as new circular and customer services, which includes the fashion retailer’s new clothes…
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23 NovemberClothing & Shoes
Banana Republic to be sold by Next
Gap has announced that it has reached an agreement with Next to extend its joint venture and sell its Banana Republic and Athleta brands in the UK and Republic of Ireland through the retailer. Banana Republic, a global apparel and accessories brand for attainable luxury and heritage classics, will launch…
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22 NovemberClothing & Shoes
Raf Simons to close label after 27 years
Raf Simons has announced he is closing his eponymous label after 27 years. Announcing the news via Instagram, the fashion designer revealed that the brand’s spring/summer 2023 collection shown in October in London will be its last. “I lack the words to share how proud I am of all that…
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17 NovemberHigh Street
Uniqlo to open Covent Garden store
Uniqlo has announced it will open a new store in Covent Garden as it continues its expansion across the UK. The Covent Garden site will be its 17th store opening in the UK, following the Battersea Power Station store last month. It is located with entrances on Long Acre and…
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16 NovemberHigh Street
Alpha Tauri enters UK market with London flagship
AlphaTauri, the fashion retailer owned by Red Bull, has continued its global expansion plans with the opening of a London flagship store in Knightsbridge. It is its first fully-owned store in Britain and marks the company’s entry into British brick-and-mortar retail. The 326m2 store on Brompton Road showcases the latest…
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9 NovemberClothing & Shoes
Allbirds sees Q3 profits fall despite strong revenues
US footwear retailer Allbirds, which operates three stores in London and a concession in Selfridges, has revealed its gross profits declined 4% in Q3 to $32.5m (£28.2m), down from $33.9m (£33.9m) the previous year. The decline comes despite it experiencing an uptick in revenues, up 15.9% YoY to $72.7m (£63.3m).…
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