Oxford Street
This coverage focuses on retail developments along Oxford Street, examining store openings and closures, pedestrianisation plans, investment activity, and shopper footfall trends. Reporting highlights how major retailers, landlords, and city planners respond to evolving consumer behaviour and urban regeneration — offering insight for executives, property managers, and professionals navigating strategies in London’s premier shopping corridor. For example, recent analysis shows vacancy rates dropping to 1.35 % amid flagship redevelopments like 340 Oxford Street.
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Mar- 2025 -31 MarchFeatures
Topshop’s comeback: a boon for the high street?
Topshop is back. Once a beacon of British high street fashion, the brand has teased its return to reclaim its position in the retail landscape. But in an era dominated by digital-first brands, resale platforms, and evolving consumer habits, does Topshop have what it takes to thrive again? The journey…
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20 MarchClothing & Shoes
Footasylum profits soar by 188% in ‘record’ year of growth
Footasylum has welcomed a year of “record” profits and sales, with pre-tax soaring by 188% to £17.2m, up from £6m the prior year. In the year ended 25 January 2025, total revenues rose by 9.4% to £349.5m, up from £319.5m in FY24, as the group welcomed its “best-ever financial performance”.…
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18 MarchNews-In-Brief
Today’s news in brief-18/3/25
Forever 21 has filed for bankruptcy protection in the US for the second time, following a previous filing in 2019. The retailer, once a dominant force in fast fashion, has struggled to compete with foreign competitors and rising costs. While its US stores and website will continue trading during the…
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18 MarchDIY
Ikea to open Oxford Street store in May
Ikea has revealed that it will open the doors of its Oxford Street store on 1 May following an extensive environmental upgrade of the Grade II listed building in central London. The new Oxford Street store will offer the traditional “Ikea experience”: a showroom packed with roomsets, a market-hall filled…
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18 MarchFeatures
How will the pedestrianisation of Oxford Street benefit retail in the UK?
In the last few months, London Mayor Sadiq Khan announced that the city will be pushing ahead with long-discussed plans to pedestrianise Oxford Street. Long regarded as the shopping hub of the capital, Oxford Street has suffered in recent years with a number of retailers closing their doors on the…
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7 MarchHigh Street
HMV halts UK expansion amid rising wage costs
HMV has halted its UK expansion in anticipation of the rising wage costs due to commence next month, and will open stores in Ireland and Belgium instead, The Guardian has reported. According to managing director Phil Halliday, HMV had ambitions to open as many as 10 additional stores in the…
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6 MarchClothing & Shoes
Topshop teases Oxford Street return in new video
Fashion retailer Topshop has teased a possible return to Oxford Street in a new video posted online. On Instagram, the retailer published a video featuring London mayor Sadiq Khan urging Topshop to make a comeback to the shopping hub. In the clip, Khan reflects on his own experiences with the…
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Feb- 2025 -28 FebruaryNews-In-Brief
Today’s news in brief-28/2/25
London Mayor Sadiq Khan has launched a public consultation on proposals to pedestrianise Oxford Street, aiming to transform it into a greener, more vibrant destination. The consultation, open until 2 May, seeks public input on creating a Mayoral Development Corporation to oversee the area’s regeneration. Oxford Street, contributing £25bn annually…
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28 FebruaryGovernment
London Mayor launches proposal to pedestrianise Oxford Street
The Mayor of London Sadiq Khan has today (28 February) launched a public consultation on proposals to pedestrianise Oxford Street. Oxford Street is an area of critical national economic importance, with an estimated annual contribution to London’s economy of £25bn in 2022. But the area has suffered in recent years…
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10 FebruaryHigh Street
Ikea receives 3,730 job applications in five days for Oxford Street store
Ikea has received 3,730 applications in just five days for its new Oxford Street store which is set to open in Spring 2025. According to Ikea, the high level of interest in the 150 available positions marks the “largest-ever” response the home furnishing retailer has seen in the UK, “breaking…
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