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UK store closures hit new record says Local Data Company

UK store closures hit new record says Local Data Company

The number of high street shop closures hit a record level in the first half of 2020 amid a challenging year for retail and leisure.
Fashion
Non-essential retail to shut in Welsh short-term lockdown

Non-essential retail to shut in Welsh short-term lockdown

​Wales has announced a 17-day “firebreak” lockdown, which means most businesses must close. Non-essential retail is now back to where it was in the wider UK lockdown that ended in June.
Fashion
New restrictions dent UK retail footfall

New restrictions dent UK retail footfall

The new coronavirus restrictions that came into effect in recent days had an immediate impact on retail footfall across the UK. There was a decline of 3.1% in the seven days to October 17, compared to the week before.
Fashion
West End launches new measures to attract Christmas shoppers

West End launches new measures to attract Christmas shoppers

​London’s West End is going the extra mile to attract shoppers for the run-up to the festive period. It's introducing new safety measures as it tries to reassure nervous shoppers that physical stores are Covid-secure.
Fashion
Ashley's Frasers Group raises offer to buy Debenhams - report

Ashley's Frasers Group raises offer to buy Debenhams - report

​It seems that Frasers Group CEO Mike Ashley is once again targeting Debenhams as a takeover candidate with a report at the weekend saying he's renewing his interest in the department stores chain. 
Fashion
Bluewater owner Landsec's new strategy includes London focus

Bluewater owner Landsec's new strategy includes London focus

Property giant Landsec shared the broad outlines of a new strategy from still-new CEO Mark Allan on Monday and it may surprise some that it includes a continuing focus on retail, on London and on giant regional malls. 
Fashion
Estée Lauder announces retirement of ELC online president Dennis McEniry

Estée Lauder announces retirement of ELC online president Dennis McEniry

McEniry will be succeeded by Gibu Thomas, who will take on the role of president of ELC online as of November 16, 2020.
Beauty
Unilever's makeover: 'woke-washing' or the real thing?

Unilever's makeover: 'woke-washing' or the real thing?

Unilever, the maker of brands ranging from Ben & Jerry's ice cream to Dove soap, is trying to win over customers with a socially responsible makeover, but activists say that some of it is just cosmetic.
Beauty
Menswear recovers online in September but footwear stays weak

Menswear recovers online in September but footwear stays weak

Online retail continued its relentless rise in the UK last month with sales up 42% year-on-year. As the early summer surge evened out, the annual increase dipped slightly below the six- and three-month averages.
Fashion
Unibail-Rodamco-Westfield shareholder in revolt, urges US malls sale

Unibail-Rodamco-Westfield shareholder in revolt, urges US malls sale

French billionaire Xavier Niel has teamed up with Unibail-Rodamco-Westfield's former boss to oppose the shopping mall group's planned €3.5 billion ($4.10 billion) rights issue, lifting the firm's shares.
Fashion
John Lewis's new strategy goes beyond retail, is even more digital

John Lewis's new strategy goes beyond retail, is even more digital

Under its still-new Chair Sharon White, John Lewis Partnership has unveiled a “bold” new strategy to help its John Lewis department stores and Waitrose supermarkets reach more customers. 
Fashion
KKR appoints Annie Young-Scrivner as Wella CEO

KKR appoints Annie Young-Scrivner as Wella CEO

As KKR finalizes its purchase of Coty’s professional and retail hair businesses, the investment firm has named Annie Young-Scrivner as the CEO of the newly independent company made up of the acquired brands.
Beauty
Boots UK sales slump 29% as pandemic keeps shoppers away

Boots UK sales slump 29% as pandemic keeps shoppers away

British health and beauty retailer Boots said comparable retail sales fell 29.2% in its latest quarter as shopper numbers in stores were significantly reduced due to the Covid-19 pandemic.
Beauty
Hammerson predicts improving rent collections, gets Via Outlets sale clearance

Hammerson predicts improving rent collections, gets Via Outlets sale clearance

​Shopping malls giant Hammerson said on Thursday that it has managed to collect only 41% of the Q4 rent that it’s owed. That divides into the UK collecting 38%, Ireland 33%, and France a healthier 51%. 
Fashion
Emily Ratajkowski becomes creative director at Loops skincare brand

Emily Ratajkowski becomes creative director at Loops skincare brand

The American supermodel and actress is joining Loops, an up-and-coming skincare brand specialized in beauty masks, as both partner and creative director, effective immediately.
Beauty
Ulta launches new 'transparency' initiative, Conscious Beauty

Ulta launches new 'transparency' initiative, Conscious Beauty

The initiative will certify brands across cosmetics, skincare, hair, bath and body categories based on five pillars: clean ingredients, cruelty-free, vegan brands, positive impact and sustainable packaging.
Beauty