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Shaftesbury Capital update shows West End is strong

Shaftesbury Capital update shows West End is strong

With Shaftesbury Capital staging its inaugural investor event post-Capco merger at the Royal Opera House today, its management team should have been able to stage quite a performance judging by its new trading update.
Fashion
Lone Design Club expands via Fenwick pop-ups

Lone Design Club expands via Fenwick pop-ups

Lone Design Club (LDC), the physical platform for emerging fashion talent, is maintaining its run of opening pop-up stores in impressive retail locations.
Fashion
RankinLive project launching, will help to drive Carnaby festive footfall

RankinLive project launching, will help to drive Carnaby festive footfall

Experiences continue to be an important consumer draw even for the busiest of retail locations. So Shaftesbury Capital-owned Carnaby Street in London is to open a RankinLive pop-up on Wednesday (22 November).
Fashion
Hong Kong tycoon Cheng raises doubt over succession plans

Hong Kong tycoon Cheng raises doubt over succession plans

Hong Kong billionaire Henry Cheng said his family business is still looking for a successor, calling into question the long-held notion that his eldest son will take over his property and retailing empire.
Fashion
Grosvenor hails new West End era as works starts on South Molton Triangle development

Grosvenor hails new West End era as works starts on South Molton Triangle development

Work has begun on London’s new South Molton Triangle with co-developer Grosvenor signalling the £500 million scheme will usher in a “new era of international significance” for the UK capital’s West End.
Fashion
Rich Americans cancel trips to Paris following Middle East war

Rich Americans cancel trips to Paris following Middle East war

Wealthy Americans are holding off on booking trips to Paris as the war in the Middle East and its wider repercussions dent demand for tourism.
Luxury
No big boost expected in luxury spending during holiday season: Bain

No big boost expected in luxury spending during holiday season: Bain

Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said.
Luxury
Hammerson in talks to sell stake in owner of Bicester Village

Hammerson in talks to sell stake in owner of Bicester Village

​British shopping malls giant Hammerson is reportedly in talks to imminently offload its 40% holding in Value Retail, the owner of the tourist magnet Bicester Village outlet centre.
Luxury
Chinese tourists are returning to London, but spending far less

Chinese tourists are returning to London, but spending far less

Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than before the pandemic.
Lifestyle
Luxury group Lalique acquires Sauternes vineyard near Bordeaux

Luxury group Lalique acquires Sauternes vineyard near Bordeaux

Lalique Group SA is adding the Château Lafaurie-Peyraguey vineyards in the Bordeaux region to its growing portfolio that includes perfume brands, hotels, restaurants, crystal artworks and Scotch whisky. 
Luxury
West End festive spend set to jump, driven by tourists

West End festive spend set to jump, driven by tourists

​Spending in London’s key West End is expected to rise “significantly” this year, despite domestic shoppers remaining cautious. The big difference will be the return of tourists who are back in large numbers.
Fashion
TfL and local authority join forces to boost shopping on London's The Strand

TfL and local authority join forces to boost shopping on London's The Strand

With Oxford Street, Regent Street and Bond Street hogging much of central London’s shopping limelight, one nearby area is fighting back to regain consumer recognition.
Fashion
More evidence that France is Europe's shopping hotspot as UK loses out

More evidence that France is Europe's shopping hotspot as UK loses out

​The UK may have remained a key destination for Chinese shoppers during Golden Week earlier this month, but there’s more evidence that France is winning the battle for the biggest chunk of their spend.
Luxury
Chinese opt for trendy McDonald’s over Hermes in blow to Hong Kong tourism

Chinese opt for trendy McDonald’s over Hermes in blow to Hong Kong tourism

Mainland Chinese visitors to Hong Kong used to flaunt Hermes handbags in shopping malls for social media photos.
Luxury
A year on, Battersea Power Station mall footfall beats expectations

A year on, Battersea Power Station mall footfall beats expectations

If there was a sure-fire way of knowing how popular a new major retail destination is, Battersea Power Station mall has one.
Fashion
France, Italy and UK are Golden Week top destinations in Europe

France, Italy and UK are Golden Week top destinations in Europe

Figures from Alipay this week showed that France ranked first among European destinations for Chinese shoppers in terms of transaction value during the Golden Week shopping festival earlier this month.
Fashion