Office
This coverage examines Office’s strategy, operations, and role within the UK footwear retail sector. Reporting highlights store performance, online initiatives, product trends, marketing campaigns, financial results, and leadership decisions. Focused on commercial outcomes and brand positioning, it offers insights for retail professionals managing footwear, fashion, and multi-channel retail businesses.
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Nov- 2025 -26 NovemberEconomy
BUDGET: Income tax bands frozen, minimum wage to increase, NI-exempt pension threshold scrapped
Income tax and NI thresholds will be frozen while the minimum wage will rise by 50p from April 2026, the chancellor Rachel Reeves said in her Autumn Budget statement today. Reeves announced a series of tax changes in other areas, including salary-sacrificed NI contributions on pensions, as part of measures to…
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21 NovemberDIY
Hobbycraft profits plummet as revenue slips ahead of restructuring
Hobbycraft has reported a sharp fall in profits to £5.2m (FY24: £10.4m) as its sales also declined 1.1% to £215.9m in FY25. The group said operating losses increased largely due to a non-cash impairment of intangible and tangible assets and one-off costs linked to the sale of the business, which…
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19 NovemberPeople Moves
Inflation falls to 3.6% in October despite rising food prices
Inflation eased slightly to 3.6% in October, down from 3.8% in September, as housing and household services helped offset a rise in food prices, according to the latest figures from the Office for National Statistics (ONS). Gas and electricity prices rose more slowly than a year earlier following Ofgem’s latest…
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13 NovemberEconomy
UK economy slows to 0.1% in third quarter
The UK’s economic growth slowed to 0.1% in the third quarter, falling short of expectations from City analysts and the Bank of England (BoE). The Office for National Statistics said monthly output slipped 0.1% in September, with earlier figures for July and August revised down. The data arrives ahead of…
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11 NovemberHigh Street
Thousands of premises targeted in largest high street crime crackdown
Thousands of high street businesses across the UK have been targeted as part of a national crackdown on economic crime and the criminal exploitation of local premises.The coordinated effort, known as Operation Machinize 2, was led by the National Crime Agency (NCA) in partnership with the National Police Chiefs’ Council…
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4 NovemberLuxury Goods
Mulberry boss calls on govt to scrap tourist tax
Mulberry CEO Andrea Baldo has called on the government to consider scrapping the tourist tax as it looks to increase growth in the economy. Baldo told The Telegraph that reintroducing tax-free shopping for tourists would “be beneficial for the economy”. He also believes that it would help luxury manufacturers such…
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Oct- 2025 -24 OctoberEconomy
Retail sales improve as good weather drives clothing sales
UK retail sales rose 0.5% in September as a result of a 1.5% increase in non-store retailing and a 1.2% increase in household goods, according to data from the Office for National Statistics. The rise in total sales in September was the fourth consecutive month of increase as volumes reached…
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24 OctoberHigh Street
Bira warns shoplifting data confirms indies face ‘retail crime crisis’
The British Independent Retailers Association (Bira) has said new figures showing a sharp rise in shoplifting confirm the “retail crime crisis” facing independent shops across the UK. Latest data from the Office for National Statistics (ONS) show shoplifting offences rose by 13% to 529,994 incidents, despite an overall 4% fall…
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9 OctoberHigh Street
Shoplifting surge a ‘low-level war’ on high streets, warns Iceland chair
Britain’s rise in shoplifting has become a “low-level war going on every day”, Iceland chair Richard Walker has said, urging retailers and the government to treat the problem as a serious threat to the high street. Speaking at the Financial Times’ Future of Retail conference, Walker said that thefts were…
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9 OctoberHigh Street
UK retail footfall records first annual decline since 2019
UK retail footfall declined in September, marking its first annual fall since 2019 and the sharpest month-on-month drop in more than a decade, according to MRI Software’s latest figures. Total footfall was down 0.2% year on year, led by a 1.1% drop in high street visits. Shopping centres saw a…
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