Physical shops may be closed, but 52% of UK retailers are offering products specifically for Valentine’s Day. And 41% are expecting the event to give them a sales boost with average expectations of a 26% increase.
The owner of London’s Westfield shopping centres said on Wednesday it would massively trim down its US presence and complete a remaining €3.2 billion-worth of European asset disposals before the end of 2022.
Quintain wants to attract further innovative concepts at its Wembley Park, north London project. That means the commercial property developer has appointed CF Commercial as its retail and leisure leasing agent.
Just when the first chill winds of schadenfreude were swirled around Hedi Slimane’s tenure at Celine, along came the creative director to silence his doubters with a brilliant video and teen rebel collection.
M&S has made two major appointments as Fiona Lambert joins to “lead the repositioning of Jaeger as an independent brand within M&S” and Anna Braithwaite works “to drive changing customer perceptions" of the M&S brand.
Pressure is building on the UK government to introduce an online sales tax in response to a major imbalance in trading conditions that has seen digital retail boom during a pandemic that has devastated physical stores.