More evidence came through on Tuesday showing that fashion was a key driver of retail spending in the UK last month. Two regular monthly reports (from the BRC and Barclaycard) called out fashion as a star category.
Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
Manchester-based textiles supplier Swiscot Group is expanding into fashion, launching its own clothing and accessories lines for SS22. The firm has begun supplying clients with white label and private label products.
UK shoppers plan to spend £8.4 billion on buying Christmas gifts from independent retailers, some £2 billion more that a year ago, new research from Direct Line business insurance shows. That's 28% of their budget.
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.