Miscellaneous
The latest news
Hermès opens third store in London's Harrods
Hermès has opened an entirely new space inside London’s Harrods, dedicated exclusively to women’s product. The store celebrates the “depth and richness” of its female-focused collections”.
Luxury
World's most valuable apparel brands: Nike, Gucci top again, ASOS and Boohoo are buoyant
Nike has once again claimed the title of the world’s most valuable apparel brand. It’s the seventh year in a row that it has taken top spot in the annual Brand Finance ranking.
Fashion
Hermès buoyant in Q1 as Asia, US and online soar
Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories.
Luxury
London Designer Outlet says shoppers "flock back"
Numbers for the reopening of non-essential retail in England continue to look good. The latest come from the London Designer Outlet (LDO) where sales jumped 148% compared to June 2020’s reopening.
Fashion
Seven Dials aims to attract more visitors with live music
As retailers and their landlords pull out all the stops in order to attract as many shoppers as possible back into their stores, landlord Shaftesbury has relaunched an initiative in the Seven Dials area.
Fashion
Renovation work starts on John Lewis's Peter Jones store
John Lewis Partnership may be closing some of its department stores, but it's also investing in its flagship properties and it's about to start renovating the facade of its Peter Jones store in London’s Chelsea.
Fashion
New brands and lockdown help Feelunique swing to profit
Beauty e-commerce platform Feelunique continued to grow fast in its latest financial year with the 12 months to the end of March seeing total sales rising 26% to £103.5 million.
Beauty
Amazon to open London hair salon
It looks like Amazon is adding another new category to its retail offer with the e-tail giant to open a hair salon in London, it said on Tuesday.
Beauty
Hammerson happy with England reopening, rent collection hits 40%, hires new CFO
With the retail lights back on in England, UK property giant Hammerson said Tuesday initial footfall since the 12 April reopening has been “encouraging” and “competitive with pre-pandemic levels”.
Fashion
Warpaint London says Q1 is strong, UK and US ops are growing
Cosmetics specialist Warpaint London, the listed company that’s no relation to men’s make-up firm War Paint, said Tuesday that Q1 trading has continued the strength it saw in the second half of last year.
Beauty
Primark has tough first half but sees record sales after reopening
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.
Fashion
West End bounce-back starts, Saturday gets closer to pre-pandemic norm
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.
Fashion
Hugo Boss names Sullivan to key marketing role
Hugo Boss has named a new marketing and comms chief with the appointment of Miah Sullivan. She joins on May 1 after having previously worked at Luxottica, Furla and St John Knits.
Fashion
Hammerson cuts store rents by 30% as it continues retailer support
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”.
Fashion
Studio Retail sales soar, ends sale process
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.
Fashion
L'Oreal shares fall, performance at consumer products arm underwhelm some analysts
Shares in French cosmetics group L'Oreal fell on Friday, as some analysts expressed disappointment at figures from the company's consumer products division,, despite overall strong group results.
Fashion