The Crown Estate aims to go ultra green. One of London's biggest retail landlords said it’s committed to eliminating its carbon footprint by 2030, including emissions generated by customers using its properties.
Tory Burch swung to a loss in the UK and Germany in its most recent financial year, and while that year didn't include the pandemic, it said Covid has had an impact and it's impossible to predict this year's outcome.
London’s West End is going the extra mile to attract shoppers for the run-up to the festive period. It's introducing new safety measures as it tries to reassure nervous shoppers that physical stores are Covid-secure.
London’s West End has seen a gradual recovery in footfall since the government began relaxing its Covid-19 guidance, but new measures bring more uncertainty to the area, commercial landlord Shaftesbury has warned.
J.Crew is closing all six of its UK locations, including the massive flagship on Regent Street, calling in liquidators to its British operation and will serve the British market via its global webstore.
The Crown Estate, like other major landlords, is aiming to conserve as much cash as it possibly can and has delayed the payment of its annual income to the Treasury in the face of a shortfall in rent payments.
The New West End Company is calling on the UK government to introduce tax-free shopping for European tourists post-Brexit as what should be Britain’s busiest shopping area continues to see a mere trickle of visitors.