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.
-
Sep- 2024 -11 SeptemberEconomy
UK economy stagnates for second consecutive month
The UK economy experienced no growth for the second consecutive month in July, underperforming analysts’ expectations of 0.2% growth for the month. The latest figures from the Office for National Statistics (ONS) show that services output is estimated to have increased by 0.1% in July 2024, following a decrease of…
Read More » -
6 SeptemberGovernment
CBI boss calls for gov to fix ‘antiquated’ rates system
CBI CEO Rain Newton-Smith has called on the government to fix the “antiquated” business rates rules in England to boost investment and grow the economy. Ahead of the Autumn Budget, the CBI convened firms from 12 sectors, including retail and manufacturing, to develop cross-economy solutions for a competitive and transparent…
Read More » -
2 SeptemberHigh Street
End of tax-free shopping hitting retail hard, warns Kurt Geiger CEO
Kurt Geiger’s CEO has warned that scrapping tax-free shopping for tourists is having a “massively negative effect” on retail in the UK. According to The Times, Neil Clifford said tourists were now travelling to other European countries for their shopping after the scheme was scrapped in 2021. Under the scheme,…
Read More » -
Aug- 2024 -16 AugustEconomy
Retail sales rebound in July as Euros give needed boost
Retail sales increased 0.5% in July after falling 0.9% in June, as retailers saw a welcome boost from Euro 2024 alongside summer discounts encouraging spending, according to the latest figures from the Office for National Statistics (ONS). Non-food stores sales volumes, the total of department, clothing, household, and other non-food…
Read More » -
15 AugustNews
Today’s news in brief-15/8/24
The UK economy showed resilience with a 0.6% growth in the second quarter of 2024, despite a stagnant June where GDP showed no growth. The Office for National Statistics reported that this growth follows a 0.7% increase in the first quarter. The service sector played a crucial role, expanding by…
Read More » -
15 AugustEconomy
UK economy grows by 0.6% despite June flatline
The UK economy has grown by 0.6% between April and June, in part boosted by the service sector, according to the latest figures from the Office for National Statistics. The second quarter growth follows a GDP rise of 0.7% in the first quarter of the year. Despite this, GDP showed no…
Read More » -
14 AugustNews
Today’s news in brief-14/8/24
Inflation in the UK increased to 2.2% in July 2024, up from 2% the previous month, driven by less significant declines in energy prices compared to a year ago. The Office for National Statistics (ONS) reported that while gas and electricity prices fell by 7.8% and 6.8% respectively from June…
Read More » -
13 AugustNews
Today’s news in breif-13/8/24
UK wage growth has fallen to a two-year low, with wages excluding bonuses growing by 5.4% in the three months ending June 2024, the lowest since 2022, according to the Office for National Statistics. Factoring in inflation, wage growth drops to 3.2%. Public sector pay rose by 6%, while private…
Read More » -
13 AugustNews
UK wage growth falls to two-year low
Wages excluding bonuses in the UK grew by 5.4% in the three months ended 30 June 2024, the lowest growth for two years, according to data from the Office for National Statistics (ONS). Furthermore, when price rises, measured by inflation, are factored in wages only grew by 3.2%. Alongside this,…
Read More » -
Jul- 2024 -19 JulyNews
Retail sales fall by 1.2% in June
UK retail sales volumes fell 1.2% in June 2024 as poor weather conditions for the time of year continued, according to the Office for National Statistics. New figures reveal that sales volumes fell across most sectors, with department stores and clothing retailers broadly returning to their Q1 (Jan to Mar)…
Read More »
