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London's bouncing back as retail vacancies shrink says Shaftesbury

London's bouncing back as retail vacancies shrink says Shaftesbury

​The retail revival of London’s West End is gathering pace, major landlord Shaftesbury said on Thursday. Business is bouncing back post-lockdowns with the Carnaby Street owner citing a further reduction in available-to-let vacancies.
Fashion
Online, social and cross-border shopping now normal for young consumers, says ESW

Online, social and cross-border shopping now normal for young consumers, says ESW

​We've seen more evidence of how younger consumers have changed their shopping habits since the onset of the pandemic with a report saying that many continue the online behaviour they developed during lockdown.
Fashion
Royal Quays shopping centre rebrands to reflect indies joining line-up

Royal Quays shopping centre rebrands to reflect indies joining line-up

Small independent brands are clearly important for the future of retail and nowhere more so than in North Tyneside. It’s been enough to warrant a rebrand at the Royal Quays Outlet Centre in North Shields.
Fashion
Unilever sales rise as pricing power kicks in

Unilever sales rise as pricing power kicks in

​Consumer goods mega-giant Unilever had good news Thursday as it beat Q3 growth predictions and kept to its full-year profit margin guidance due to its brand power enabling it to hike prices to cope with rising costs. 
Beauty
Forest Essentials enters international markets with first store in UK

Forest Essentials enters international markets with first store in UK

​Beauty brand Forest Essentials has entered the international market with its entry into the United Kingdom, partnering with online beauty retailer LookFantastic.
Beauty
Billie Eilish debuts first fragrance

Billie Eilish debuts first fragrance

Singer and songwriter Billie Eilish is introducing her first-ever signature fragrance this November at BillieEilishFragrances.com. 
Beauty
Hammerson to chase rent arrears as mall collections, footfall improve

Hammerson to chase rent arrears as mall collections, footfall improve

​Life’s going to get tougher for Hammerson retail tenants still in rent arrears. While the property giant said it has seen a “significant” improvement in collection rates, it now remains “focused on collecting arrears”.
Fashion
Unilever margins in spotlight as inflation surges

Unilever margins in spotlight as inflation surges

Unilever's battle with rising costs will take centre stage at its third-quarter results on Thursday, with investors focused on whether it will cut its profit margin forecast for the second time this year.
Beauty
It's luxury's year as new Best Global Brands list shows power of key labels

It's luxury's year as new Best Global Brands list shows power of key labels

​Luxury is continuing its recovery from the pandemic and a new brand ranking released on Wednesday showed that luxury labels are among the world’s top performers.
Luxury
Ulta announces investments in deliveries and digital, disappoints with financial outlook

Ulta announces investments in deliveries and digital, disappoints with financial outlook

The beauty retailer provided a strategic update to investors on Tuesday, revealing plans to invest in new delivery improvements and digital capabilities, but ultimately disappointing with a lower-than-expected outlook.
Beauty
Emma Raducanu signs up as new Dior ambassador for fashion, beauty

Emma Raducanu signs up as new Dior ambassador for fashion, beauty

​British tennis star Emma Raducanu has deepened her links to luxury giant LVMH and has been signed up as Dior’s newest celebrity ambassador, underlining the A-list status she achieved when she won the US open.
Luxury
Asda opens biggest refill store yet with York debut

Asda opens biggest refill store yet with York debut

UK supermarkets giant Asda has this month opened the largest refill store in the country in York. The superstore stocks 100 branded and own-brand products sold in loose and unpackaged format in a huge 18-bay refill zone.
Beauty
Matalan has good Q2 but supply chain issues hamper sales

Matalan has good Q2 but supply chain issues hamper sales

​Matalan revenues rose fast in Q2 but could have risen faster if not for supply chain issues. The company is staying cautious as logistics problems frustrate efforts to get the product customers want into its stores. 
Fashion
Very Group buoyant as sales and profits soar, fashion is strong

Very Group buoyant as sales and profits soar, fashion is strong

​Very Group reported its full-year results on Tuesday with sales surging and pre-tax profits leaping even faster at the owner of the Very.co.uk and Littlewoods brands.
Fashion
UK footfall fails to grow, but recovery in London, other cities continues

UK footfall fails to grow, but recovery in London, other cities continues

​Despite continuing worries about supplies of Christmas goods, British consumers appear to be holding back from diving too enthusiastically into Christmas shopping this early in the season.
Fashion
UK e-commerce sales tax still a 'work-in-progress' - report

UK e-commerce sales tax still a 'work-in-progress' - report

​The UK government is drawing up plans to introduce an online sales tax, but don’t expect its inclusion in the chancellor’s end-of-the-month budget. The news will come as a further disappointment for physical retailers.
Fashion