Primark was a big problem for its owner Associated British Foods in the first half as the enforced closure of many stores drove down revenues and profits.
The much-talked-about project by Westminster City Council, the Marble Arch Hill climbable instillation at the end of London’s Oxford Street, will open in June.
The company called it a milestone and said it helps drive a “paradigm shift toward eco-responsible production and eco-conscious consumption of fashion and home textile items".
Reopening week seems to have been a good one for retailers in England and Wales, and especially for the hard hit West End of London, even though international tourists are still absent.
Hammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.
Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.
With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
On Thursday, the world’s number one luxury group detailed its commitments to eco-design and product traceability, presenting the new environmental road map underlying LVMH’s LIFE 360 programme.
Northern Ireland will be allowed to catch up with the rest of the UK when non-essential retail and outdoor hospitality will reopen from 30 April. First Minister Arlene Foster told the NI Assembly it was a "landmark day”.
Indie skate brand No Chaos and cult brand Scum have both chosen the area for their new stores with a combined 2,0000 square foot space across two floors.
The Hut Group (THG) swung to an operating loss in its 2020 financial year as one-off items drove it into the red. However, the company’s revenues surged during the period as all divisions outperformed.
We know UK retail parks were more popular venues to visit during lockdowns and British Land said Wednesday it’s “exploring further opportunities” to acquire more high-quality and well-located standalone centres.
W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Singapore-based specialist in the digitisation of retail brands, Trax has announced that it has raised funds totalling €539 million ($640 million) which it will use to develop its services for retailers.
They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
