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- 2022 -28 JuneClothing & Shoes
Dune London to launch kids footwear collection
Dune London has announced the launch of its kids’ footwear collection, which is said to be for the first time in its 30-year history. The new collection will reportedly debut on Dune London’s online platform on 1 July 2022 with a 22-piece girls range, inspired by “the premium design ethos”…
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28 JuneHigh Street
Retail space provider Sook continues UK expansion
Flexible retail pop-up space provider Sook has announced new partnerships with Hammerson and Rivington Hark, which will see the retail operator open three new spaces this summer in new UK locations. The firm said its rapid expansion is a result of a “high customer demand for flexible retail space as…
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27 JuneHigh Street
Cath Kidston up for sale two years after collapse
Cath Kidston, the fashion and homeware brand, has been put up for sale two years after collapsing into administration, with the loss of nearly 1,000 jobs. According to Sky News, Baring Private Equity Asia (BPEA) has instructed advisers at PricewaterhouseCoopers (PwC) to find a new owner for the now wholesale-led…
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27 JuneSupermarkets
Investor support for Sainsbury’s real living wage mounts
A group of investors have put their support behind a shareholder resolution that could see all Sainsbury’s employees secure the real living wage when it goes to a vote at Sainsbury’s AGM on 7 July. The resolution, co-ordinated by ShareAction, is set to be the first Living Wage resolution to…
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27 JuneEconomy
High street footfall plummets amid cost of living strain
High street footfall fell 25% in May against the previous month, according to RSM UK’s analysis of the latest data from Datscha, showing that the biggest month-on-month decreases were seen in Glasgow (down 54%), Newcastle (down 40%) and Brighton (down 39%). Footfall is reportedly still 48% lower than pre-pandemic levels,…
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23 JuneHigh Street
Gilly Hicks to open new store in Carnaby
Gilly Hicks, a brand in the Abercrombie and Fitch portfolio, has announced the opening of its new store located at 39 Carnaby Street, in the heart of London’s busiest shopping district. The new store opening is a part of the brand’s growth strategy, which includes an “expanded product assortment, digital…
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22 JuneEconomy
1 in 3 SMEs struggle with cost of staffing, NatWest report reveals
New research conducted by NatWest Rapid Cash has revealed that 34% of SMEs are struggling with the cost of staffing, which has led to more vacancies across the job market. In addition, 85% of recruiters say businesses are struggling to employ the talent they need, with the challenge starkest in…
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22 JuneSupermarkets
M&S criticises gov decision on new Marble Arch store
Marks and Spencer has criticised the decision by Secretary of State Michael Gove to hold a public enquiry on the proposed redevelopment of its Marble Arch store on London’s Oxford Street. The retailer has been hoping to demolish the site and replace it with a larger 10-story retail and office…
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22 JuneHigh Street
Footfall drops as strikes take action
Footfall across all UK high streets is down -8.5% compared to last week, as workers stay at home due to the transport strikes. London saw the greatest reduction, with a 17% drop from last week. Diane Wehrle, Insights Director at Springboard said: “The impact on train and tube strikes today…
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20 JuneNews
Footfall rises 4% as heatwave sweeps across UK
Footfall across UK retail destinations rose by +4.1% last week from the week before, with the largest rise of +5% in high streets, according to Springboard. Footfall aslo in retail parks rose by +2.5% and by +3.7% in shopping centres. On Saturday footfall in high streets declined by -7.6% whilst…
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