Westfield
This coverage examines Westfield’s role in the UK retail landscape, with reporting on shopping centre operations, tenant strategies, leasing activity, marketing initiatives, and consumer engagement. Insight focuses on how Westfield’s developments influence footfall, brand presence, and retail performance — serving the needs of executives, managers, and professionals overseeing operations and partnerships within major retail destinations.
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Jun- 2022 -20 JuneDepartment Stores
Black Pound Day to launch permanent store in Westfield London
Black Pound Day, a movement for black-owned businesses in the UK, has launched its first permanent store in Westfield London, where more than 70 black owned businesses will be able to sell their products. It will be opening the doors to its storefront on 25 June in Westfield London, following…
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Nov- 2021 -18 NovemberHigh Street
Eurofund Group launches UK retail arm
Eurofund Group, the international investment and real estate development company has officially launched a UK retail arm. The new UK division will be headed up by Alberto Esguevillas, former development director and country manager at Unibail-Rodamco-Westfield, who has taken the role of CEO UK. He is joined by Mike Rhydderch,…
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Jul- 2021 -6 JulyClothing & Shoes
Reiss opens new store in London’s St Pancras
Reiss has revealed it is celebrating its 50th anniversary year with a “positive outlook on bricks-and-mortar retail” by opening a new store in London’s St Pancras. It is the fourth new opening this year for the fashion brand, following new openings in London’s Liverpool Street, Cannock in Staffordshire, and another…
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Jun- 2021 -30 JuneDepartment Stores
M&S partners with Clarks on kids collection
M&S has revealed a new partnership with Clarks shoes which includes selling the brand online and in eight UK destination stores. This latest brand partnership is part of the continued momentum for the retailer in its strategic shift from “special occasion” clothing and footwear to everyday “style and value”. The…
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16 JunePeople Moves
Westfield owner names Caroline Puechoultres as CCO
Unibail-Rodamco-Westfield (URW), the owner of Westfield, has announced the appointment of Caroline Puechoultres as chief customer officer (CCO) at the group. Effective 15 July 2021, the addition is part of the firm’s wider strategy to capture growth opportunities in a changing retail environment as an increasingly customer-focused brand. In the…
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May- 2021 -18 MayShopping Centres
Westfield owner confirms €1.25bn bond placement
Unibail-Rodamco-Westfield, the owner of Westfield shopping centres, has announced a successful €1.25bn (£1.07bn) bond placement. The two-tranche senior bond offering is intended to both strengthen the group’s liquidity position and extend its debt maturity. The placement features a €650m (£559m) bond with a seven-year and five-month maturity and a 0.75%…
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Apr- 2021 -30 AprilClothing & Shoes
Gym+Coffee welcomes One Direction backer
Irish-based athleisure brand Gym+Coffee has announced that One Direction’s Niall Horan has become an investor in the group. As a shareholder, Horan aims to support the business while raising the profile of the brand internationally. Founded in 2017, Gym+Coffee expanded its store portfolio in 2020 with the opening of a…
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29 AprilShopping Centres
Westfield owner sees Q1 shopping centre turnover drop 42.8%
Unibail-Rodamco-Westfield (URW), the owner of Westfield, saw a 30.1% year-on-year decline to £313.6m for its shopping centre revenues in Q1 2021. The group’s total turnover for the period fell 42.8% to £393.2m, as the company’s operations remained strongly impacted by ongoing Covid-19 restrictions. According to the group, the quarter saw…
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Mar- 2021 -17 MarchClothing & Shoes
Laura Ashley to debut Next collection
Laura Ashley has announced it will launch its spring 2021 collection with Next online and in 48 stores. The group previously launched a partnership with Next after it was rescued by the Gordon Brothers from administration. The collection will feature Laura Ashley’s homeware, alongside an array of new designs with…
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Feb- 2021 -11 FebruaryShopping Centres
Westfield owner to ‘significantly reduce’ exposure in US
Unibail-Rodamco-Westfield (URW) has revealed it will “significantly reduce” its financial exposure to the US and instead focus on its UK real estate. The news follows the company’s F2 2020 results which showed net rental income for shopping centres fell by 25.9% to €1.69bn (£1.4bn) from €2.29bn (£2bn) the previous year.…
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