Fashion was a major contributor to rising consumer spending in May, two reports showed on Tuesday. Both Barclaycard and the BRC/KPMG sales monitor showed that British shoppers were in the mood to update their wardrobes.
One of the most distinctive landmarks in central London retail is up for sale. The former Topshop flagship on Oxford Circus, the jewel in crown of the dismantled Arcadia Group empire, is valued at around £420 million.
Joules has ended its search for a new chief financial officer, appointing Caroline York to the post. She joins the family lifestyle retailer no later than September from price comparison business Moneysupermarket Group.
British consumers cut back heavily on spending as they spent a second month in a Covid-19 lockdown in February but confidence in the economy hit a 12-month high, payment card firm Barclaycard said on Tuesday.