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UK consumer confidence rises in November on Christmas bounce

UK consumer confidence rises in November on Christmas bounce

​It seems consumers took a breather in November, sidelining concerns over decade-high inflation and retail shortages as UK consumer confidence actually inched up, according to GfK on Friday.
Fashion
Farfetch shares plunge despite revenue rise and Q3 profitability

Farfetch shares plunge despite revenue rise and Q3 profitability

​Investors are usually forgiving of tech firms when they spend years targeting the kind of profitability they’d like, but they weren’t forgiving Farfetch on Thursday as the firm’s shares fell 22% in late trading.
Luxury
House of Fraser confirms London flagship closure as Oxford Street transformation continues

House of Fraser confirms London flagship closure as Oxford Street transformation continues

​Frasers Group has confirmed what was largely assumed to be the case saying that its Oxford Street House of Fraser flagship is to close.
Fashion
Profitable British Land enjoys retail's busy return

Profitable British Land enjoys retail's busy return

​British Land is back in the black. The UK commercial property giant returned to profit in its half-year to 30 September, mirroring the performance of its sector peer Landsec.
Fashion
Busy Landsec returns to profit, plans to decarbonise portfolio

Busy Landsec returns to profit, plans to decarbonise portfolio

​Add together the return of shoppers and workers to UK cities and a stronger-than-expected economic recovery from the pandemic and that amounts to a speedy return to profit for Landsec, the UK’s largest commercial property giant said Tuesday.
Fashion
Covent Garden sees new signings with Uniqlo flagship, first Guerlain UK store

Covent Garden sees new signings with Uniqlo flagship, first Guerlain UK store

Capco has announced multiple new signings for Covent Garden with the new tenants list dominated by fashion and beauty names. 
Fashion
M&S continues brands strategy with FAO Schwarz addition

M&S continues brands strategy with FAO Schwarz addition

​Just a week after M&S announced a strong set of financial results, the retail giant has unveiled a new brand link-up that suggests it’s moving even faster towards becoming a full physical and digital department store.
Fashion
Burberry launches immersive pop-up on Korea's Jeju Island

Burberry launches immersive pop-up on Korea's Jeju Island

​Burberry continues to pull out all the stops as it targets the Asian market and puts extra support behind its outerwear offer and has unveiled an Imagined Landscape pop-up in Jeju Island, Korea. 
Luxury
House of Fraser Oxford Street flagship to be redeveloped, retail space downsized

House of Fraser Oxford Street flagship to be redeveloped, retail space downsized

​One of Oxford Street’s historic department stores is being redeveloped with the plans that have just been approved being another sign of how retail on what was once Europe’s busiest shopping street has changed forever.
Fashion
Richemont in advanced talks with Farfetch on YNAP deal, H1 group sales soar

Richemont in advanced talks with Farfetch on YNAP deal, H1 group sales soar

​Luxury giant Richemont issued its latest set of results on Friday, but the biggest news was that it’s in talks with Farfetch around its loss-making Yoox Net-A-Porter business.
Luxury
Thailand's Central eyes Selfridges buy - report

Thailand's Central eyes Selfridges buy - report

​Thailand's Central Group is interested in bidding for Selfridges, a report said Thursday. Interestingly, it also owns La Rinascente, the Italian retailer of which ex-Selfridges CEO Vittorio Radice is Vice-Chairman.
Luxury
M&S could see crucial FTSE 100 comeback on soaring share price

M&S could see crucial FTSE 100 comeback on soaring share price

​After suffering a number of years in the financial doldrums - resulting in its relegation from the London Stock Market’s lead FSTE 100 index last year - M&S is bouncing back after releasing strong results this week.
Fashion
​Westfield launches new UK ‘Come Together’ Christmas campaign

​Westfield launches new UK ‘Come Together’ Christmas campaign

Combine tradition, nostalgia and excitement and you have all the ingredients for the new Westfield Christmas ‘Come Together’ campaign. The major malls owner/operator is “re-embracing traditional Christmas messaging".
Fashion
M&S hails first-half progress in fashion at home and abroad

M&S hails first-half progress in fashion at home and abroad

​M&S has been continuing its long-awaited recovery in recent months and its half-year results for the period to October 2 on Wednesday showed just how far it has come.
Fashion
'Carry on spending' say Barclaycard and BRC sales reports, but bad news could be ahead

'Carry on spending' say Barclaycard and BRC sales reports, but bad news could be ahead

​Overall payment card spending rose as much as 14.2% in the UK last month compared to October 2019, despite rising inflation fears. That’s according to the latest Barclaycard spending report.
Fashion
Pandemic dents Primark, but its bouncing back, will grow store numbers to 530

Pandemic dents Primark, but its bouncing back, will grow store numbers to 530

​Associated British Foods’ results for the 53 week to 18 September show how hard its star Primark brand was hit during the pandemic, but also just how well it’s bouncing back.
Fashion