First, John Lewis unveiled plans to convert part of its Oxford Street, London flagship into office space. And now M&S is doing the same. It wants to convert the upper floors of its Oxford Street site near Marble Arch.
Hugo Boss has signed up to take space in the refurbished Parcels Building that’s part of the ‘Selfridges neighbourhood’ in the West End of London. The building is currently being upgraded will be ready in 2022.
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.