Just how tough UK retail’s pandemic mauling has been — especially for fashion — came into stark focus on July 30. More than one in seven stores are now vacant on UK high streets, retail parks and in shopping centres.
Just a short while after we heard that Uniqlo and Theory will be taking over the former Superdry flagship on Regent Street, London, it has emerged that the label has signed up for a brand new flagship.
Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
Frasers Group has unveiled its latest big development. The new Flannels in Sheffield opened its doors with women's and men's ready to wear and accessories, plus kidswear, activewear and — for the first time — beauty.
Chanel is putting major support behind its Factory 5 launch to mark the centenary of its Chanel N°5 fragrance and has linked up with Selfridges for a pop-up in the retailer’s prime Corner Shop location on Oxford Street.
And the Sports Direct growth story continues. Fresh from announcing a major retail push into Europe and a “trail-blazing” remodelled store in London, the UK sportswear chain has also opened a new flagship in Leicester.
Floodgates for the Sports Direct brand are about to open with the retailer heading for a “huge push” into Europe. The brand aims to open flagship stores in “all” capital cities in Europe as part of a five-year plan.
Gardens are the new black and now Selfridges has launched garden centres at several stores. They’re not just any old garden centres as it’s bringing a Selfridges-style and fashion-focused twist to the category.
It’s being billed as a £10 million ‘trailblazer’. Sports Direct is reopening its flagship store on London’s Oxford Street following a major refurbishment with a “modern, innovative, and sleek new look".