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Primark continues US expansion, adding three New York region stores

Primark continues US expansion, adding three New York region stores

Value fashion retail giant Primark continues its expansion in the US, announcing it’s “taking New York by storm” with the opening of three new stores in the region.
Fashion
October UK retail sales see small bounce, led by fashion, but overall picture is bleak

October UK retail sales see small bounce, led by fashion, but overall picture is bleak

​UK retail sales saw a surprise rebound in October, official figures showed on Friday. The ONS said that retail sales volumes rose by 0.6% in October compared to the previous month. But year on year, they were down.
Fashion
GPE's earnings hit, property values "under pressure"

GPE's earnings hit, property values "under pressure"

​London-based property giant GPE joined its UK peers in seeing its earnings take a big hit during H1 as property values “come under pressure”. In the latest six months, GPE swung to a pre-tax loss of £86.7 million.
Fashion
River Island CEO to exit in 2023

River Island CEO to exit in 2023

​River Island’s CEO Will Kernan is to exit the mass-market fashion retailer next year to pursue personal projects. No replacement has been named so far and the company is now starting a search for a new CEO. 
Fashion
Tax-free shopping could add at least £350m to UK government coffers - report

Tax-free shopping could add at least £350m to UK government coffers - report

The debate around tax-free shopping’s value to the UK economy continues with the Government still set against it, but a new report suggesting the politicians are making a huge mistake.
Fashion
Burberry doubles down on Britishness for 'next phase', Lola bag is best seller

Burberry doubles down on Britishness for 'next phase', Lola bag is best seller

​Burberry is entering “the next phase”, the luxury company said when delivering its interim results on Thursday, with still-new CEO Jonathan Akeroyd preparing for an evolved approach under Daniel Lee.
Luxury
Joules is in administration, huge interest from potential new owners

Joules is in administration, huge interest from potential new owners

Joules filed a notice of intent to appoint administrators earlier this week, and now the administration filing has happened with the existing company’s long attempts to turn around its fortunes coming to an end. 
Fashion
00.thestore sustainability-focused pop-up opens on London's Conduit Street

00.thestore sustainability-focused pop-up opens on London's Conduit Street

00.thestore is making it a second outing with the sustainability-focused pop-up having just opened on London’s Conduit Street. It brings together a curation of 85 “of the most cutting-edge planet-conscious brands".
Fashion
British Land reports half-year loss as property values dip

British Land reports half-year loss as property values dip

Property giant British Land Co on Wednesday followed its bigger peer Landsec the previous day to report a slide into half-year losses as the valuation of its assets also dipped.  
Fashion
Klarna's new search tool "compares prices across thousands of retailers"

Klarna's new search tool "compares prices across thousands of retailers"

​Klarna has launched a new “rich and unbiased” search-and-compare tool in the BNPL financier’s app. It claims to be able to compare prices across thousands of retailers “to help consumers find what they love for less”.
Fashion
Anne Pitcher to move to Holt Renfrew following Selfridges sale

Anne Pitcher to move to Holt Renfrew following Selfridges sale

Anne Pitcher is reportedly exiting her current role as Managing Director of Selfridges Group at the end of the year and will become Deputy Chairman of Canadian department store operation Holt Renfrew.
Luxury
UK inflation up again, but fashion price rises lag

UK inflation up again, but fashion price rises lag

​UK inflation continues to rise, hitting a new 41-year high in October, driven by rising energy and food prices. But what about fashion prices? They rose, but by less than the headline rate.
Fashion
Higher prices and Gen Z help luxury to another good year

Higher prices and Gen Z help luxury to another good year

Fears that tough times might dent luxury appear to be unfounded, a new report from Bain and Altagamma shows. Their deep dive into luxury shows a buoyant sector helped by pricing strategies and Gen Z's luxury obsession.
Fashion
Landsec records six-month loss but business ops remain strong

Landsec records six-month loss but business ops remain strong

Landsec on Tuesday said it swung to a first-half loss but was still “well-placed” in a challenging market, citing its “strong strategic and operational momentum”. It recorded a pre-tax loss of £192 million.
Fashion
Liverpool One mall gets new leader

Liverpool One mall gets new leader

​Property giant Grosvenor has named a new leader for its hugely successful Liverpool One mall with Chris Jukes taking over as Director at the start of next month.
Fashion
E-tailers shift Black Friday strategies but sales struggle

E-tailers shift Black Friday strategies but sales struggle

​Online retailers are adjusting their Black Friday-linked sales strategies to offer earlier promotions as consumers spread their shopping across the month rather than focusing on a late November frenzy.
Fashion