Westminster City Council’s plan to spend £150m on Oxford Street’s regeneration has started with “spades in the ground” for some “temporary interventions that will encourage visitors back after lockdown”.
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.
Activity around the break-up of the Arcadia fashion retail empire is continuing and while the sale of Evans is the only firm development so far, it has emerged that the heavily mortgaged Topshop flagship is up for sale.
Only weeks after England’s November lockdown ended, a big chunk of the country has moved back into strict Covid rules as a new ‘tier 4’ means non-essential stores have again had to close in London and the South East.