How’s this for a positive trading statement opening: “Confidence, footfall, trading recovering; rebound in occupier demand driving vacancy down towards pre-pandemic levels; valuation recovery in second half”.
Spanish fashion retail giant Inditex said Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman in April with a new CEO, as a last step of a generational handover started a decade ago.
A good week-on-week gain, but still well below pre-pandemic numbers. That was Black Friday (26 November) shopper traffic numbers across the UK. Footfall was 35% higher week-on-week, but still down 23% on two years ago.
London West End footfall in the seven shopping days from 22-28 November inched up 2% week-on-week, and rose 11% over last year's Black Friday, latest figures from the New West End Company (NWEC) showed on Monday.
David Beckham retains his status as a top global fashion influencer even though younger celebrities such as Harry Styles are also making a huge impact now. And for women, Billie Eilish is top of a new ranking.
Major retail landlord Landsec has unveiled a new, “customer-centric approach” to accelerate its retail strategy. The Bluewater owner has a new retail structure to build "closer relationships with brand partners".
Hugo Boss has become the latest major fashion name to link its financing to green goals. The German giant — in which Frasers Group owns a large stake — has secured a syndicated loan with a sustainability component.
Dior is the “most trusted” fashion brand for UK consumers, analysis from money.co.uk shows, based on Trustpilot reviews of over 100 worldwide brands. Dior also comes top of the list of the most trusted consumer brands.