Another day, another UK retail sales report that contradicts other sales reports. Just a day after Visa said fashion retail had a tough time in June, the BRC said non-food sales rose last month, helped by fashion spend.
Changes to M&S's fashion offer and a determination not to discount seem to be paying off. Sales aren't yet where they should be but the turnaround is "on track" and fashion sales should turn positive by year-end
High-end handbag brand Kate Spade New York has taken a deep dive into UK travel retail with an opening at Britain’s (and one of the world’s) largest airports, Heathrow. The brand has opened a Terminal 5 pop-up.
Topshop’s administrator in Australia is taking drastic action to save the business with as many as five of its nine standalone stores closing. Its very first Australian store will close within a fortnight.
Q1 delivered good news for UK value retailer Matalan as it bounced back from a revenue dip in the last financial year and proved that the full-price strategy behind that earlier fall is really starting to pay off.
Another major fire has hit Camden Lock market, the London shopping destination that is a major tourist attraction and also a magnet for fashion industry professionals and students seeking vintage inspiration.
The shop-in-shop at Banana Republic Rockefeller Center marks as the bridal brand's fifth physical retail location in the US. The Gap-owned brand also has plans to open shops in Los Angeles and Seattle in July.
Sears Holdings Corp is closing eight of its namesake department stores and 35 Kmart locations as part of its effort to cut costs and square footage to return to profitability, Chief Executive Officer Eddie Lampert said on Friday.