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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Jun- 2024 -10 JuneNews
Today’s news in brief-10/6/24
Labour has pledged to overhaul the business rates system if it wins the upcoming general election. The party aims to create a fairer system that supports small businesses and high streets while ensuring that large multinationals and tech companies pay their fair share. Shadow Chancellor Rachel Reeves highlighted the need…
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10 JuneSupermarkets
GE could delay M&S Oxford Street store development
Marks and Spencer’s may once again see plans for its new Oxford Street flagship store delayed, this time due to the general election, according to This is Money. The news comes after the group was hopeful that its plans to rebuild its Oxford Street store would be approved by ministers…
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May- 2024 -7 MayHigh Street
The Fragrance Group sees 6.1% rise in LFL sales
The Fragrance Shop has hailed “exceptional” end-of-year results for the 12 months to 1 April 2024 with a 6.1% like-for-like sales increase and overall continuing business growth of 9.4%. Among many of the brands in its portfolio, Barbour increased by 55%, Versace grew by 48% and Jean Paul Gaultier by…
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7 MayDepartment Stores
Tala to debut first physical partnership with Selfridges
Athleisure brand Tala will be debuting its physical all-store partnership with Selfridges from 10 May. The brand will be available to purchase across all four Selfridges stores, including Selfridges Oxford Street, a branded shop in Manchester Trafford, Manchester Exchange Square and Birmingham. According to Tala, launching in Selfridges allows the…
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Apr- 2024 -26 AprilHigh Street
The Portman Estate boosts retail, leisure and cultural offer
The Portman Estate has signed five diverse new brands to boost Edgware Road, Marble Arch and the west side of Portman Marylebone’s retail, leisure and cultural offer. Moco Museum is joined by Maculara, ZULA Burger, WatchHouse Coffee and Mandy Zhang Art, highlighting the Estate’s “ongoing commitment to developing its balanced…
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11 AprilNews
Today’s news in brief-11/4/24
Ted Baker’s American licensing partner, OSL, is reportedly in pole position to take over the brand’s collapsed UK operation. Administrators have announced the closure of 15 UK stores, leading to over 200 job losses, as part of efforts to salvage the business. OSL’s potential takeover follows the collapse of No…
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11 AprilHigh Street
Vision Express unveils £4m flagship store on Oxford Street
London-based high street optician Vision Express has unveiled a £4m new flagship store on Oxford Street. The store has been completely transformed after months of renovations and is now open to customers. The new design boasts a “smart”, “contemporary”, and “warm” environment across three floors. For those looking to check…
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Mar- 2024 -20 MarchNews
Today’s news in brief-20/3/24
UK inflation dropped to 3.4% in February 2024, surpassing economists’ expectations of 3.5%. This decline was mainly attributed to easing food inflation. The prices of bread and cereals rose slightly by 0.3% compared to a significant increase of 2.3% in the previous year, contributing to the overall decrease in food…
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20 MarchClothing & Shoes
Abercrombie & Fitch signs agreement for new Oxford St store
Abercrombie and Fitch has signed an agreement with global real estate group, Hines, that will see it open a new store on Oxford Street. The fashion retailer signed a multi-year lease on the entire retail space at 325 Oxford Street, which covers two floors in the mixed-use retail and office…
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18 MarchDepartment Stores
Saudi PIF and Kering eye Selfridges stake
Saudi Arabia’s Public Investor Fund (PIF) and Gucci owner Kering are reportedly considering a stake in luxury department store Selfridges as its co-owner continues to struggle with its financing, according to The Telegraph. The outlet said that the collapse of Austrian co-owner Signa has left Thailand’s Central Group searching for…
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