The UK’s retail sales fall was worse than expected last month, official figures showed on Friday. And the Office for National Statistics called out clothing stores as the key sector that saw “strong declines”.
From Lagos to London. Ambitious premium menswear retailer David Wej is to open its first UK store as a statement of intent. “We want to bring Nigerian fashion and culture to the rest of the world starting in London”.
It may be just a small crumb of comfort given the thousands of Arcadia staff whose jobs are under threat, but there's talk that if ASOS buys its brands, it could retain the Topshop flagship at Oxford Circus, London.
Selfridges weathered the 2020 storm, despite enduring the toughest retail year in decades. That’s according to company chief Anne Pitcher who admitted that it was the “most difficult” period in its 113 years.