The latest news
Gifting a bright spot in weak February UK e-tail, but clothing struggled says IMRG
UK online retail sales fell 4.1% last month compared to a year ago, the latest IMRG report has shown. Sales were down 7.8% compared to January and clothing had a tough time during the month.
'Fantastic but scary': Paul Smith on rehanging Picasso
When British fashion designer Paul Smith was asked to oversee a rehang of the Picasso Museum in Paris to mark 50 years since the artist's death, he decided to have some fun.
RangeMe widens Premium offer to UK-focused brands
RangeMe Premium is coming to the UK. The online platform for product discovery wants to expand its Premium offer to build on the existing offer and “streamline the product sourcing process for buyers and sellers”.
Shaftesbury Capital merger is complete, new era for London landords
With the merger between Shaftesbury and Capco having just completed, the newly-named Shaftesbury Capital will “create the leading central London mixed-use REIT that will “contribute to the success of the West End”.
Zalando battles through 2022 headwinds to report higher GMV but lower profit
Zalando had a tough year in 2022 as “e-commerce tailwinds turned into economic headwinds”. But GMV still rose and it remained profitable, despiite an earnings plunge, with plenty of promising developments.
Consumers cut clothing spend in February, but jewellery, beauty get Valentine's boost
UK consumer and retail spend last month was OK, but not brilliant as Valentine's Day provided support for the jewellery and beauty categories, but non-essentials (especially clothing) were largely off the priority list.
630k 'microbusinesses' could fold this year without more government help - report
Over 12% of the UK’s 630,000 microbusinesses -- those employing fewer than 10 people -- fear they will have to close this year as costs keep rising, a report has revealed.
Big retailers warn that business rates reform still falls short
Business rates reforms are 'far away' from what UK retail has been promised, the country's biggest businesses have warned.
'Culture clash' led to exit of turnaround specialist Wicks from John Lewis
The reason for Pippa Wicks, the turnaround specialist tasked with driving the John Lewis department store chain’s turnaround, leaving the business suddenly has become clear.
News analysis: Is London retail set for a golden age?
A curious thing has been happening around London retail. Its flagship shopping areas were huge sufferers during and post-pandemic, but they're rebounding more strongly than ever as key developments boost spend.
eBay UK to launch trainer swap London pop-up
eBay UK’s successful refocus on its resale origins last year continues apace. The online marketplace giant is set to debut a pop-up store for true sneakerheads on London’s Greek Street, Soho, on 25 March.
Weekend retail footfall is starting to match pre-Covid levels
How important are weekend shoppers? Very, with UK retail becoming “increasingly dependent” on Saturday and Sunday footfall, according to MRI Springboard, as the shift to hybrid working “continues to establish itself”.
After Mulberry collab, Miffy to open pop-up in London's Chinatown
Miffy, the rabbit storybook character turned into a globally recognised brand is to make a temporary appearance in London. The character is about to appear on London’s Shaftesbury Avenue, adjacent to Chinatown.
M&S adds self-service tills for fashion in-store
M&S is planning to direct more people to self-service tills when they pay for their clothing and home goods in its stores as the focus on self-service/queue-less options for fashion shoppers intensifies.
Last pre-merger Capco update hails West End recovery
With its merger with Shaftesbury imminent, London landlord Capital & Counties (Capco) issued its final trading update this week and said “momentum is really building” in the West End.
Sainsbury's to shut two Argos hubs, 1,400 jobs at risk
UK supermarket giant Sainsbury's is planning to close two Argos depots over the next three years as part of a rationalisation programme for its digital general merchandise retailer. The move would impact over 1,400 jobs.