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TheIndustry.fashion

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Retail footfall

Clothing and transport prices pushed up inflation in December

UK inflation picked up pace in December after hard-hit fashion retailers held off from further steep discounts and as transport costs edged up, according to official figures.
Hammerson Brent Cross

Hammerson reveals just 41% of rents collected

Commercial landlord Hammerson has revealed it collected just 41% of rent from its tenants as the COVID-19 lockdown restrictions took their toll on the...
Sarah Coonan

PODCAST: Liberty Buying Director, Sarah Coonan

Welcome to the latest episode of our Podcast series where we bring you inspiring stories, retail insights and conversation from fashion and beauty's most influential business...
Dr Martens

Dr Martens aims for stock market listing next month

Dr Martens could be listed on the Stock Exchange in London by the start of next month and hopes to be included in a...
The Index

The Index September 2020 – Part 1 The Sectors, The Channels,...

This month's edition of The Index in partnership with Klarna, tracks fashion shoppers' behaviour in September 2020 as nervousness around a "second wave" of...
Business rates

UK heads towards double-dip recession as GDP falls 2.6% in November

The UK economy is on track to head back into recession as official figures showed that GDP fell 2.6% in November after the country...
Primark

Primark owner warns of potential £1.1bn in lost sales from lockdowns

Primark owner Associated British Foods has warned of a hit from lost retail sales of more than £1bn if coronavirus lockdowns force its stores...
ASOS

ASOS predicts £40m lockdown profit boost as sales jump

Online young fashion giant ASOS has said it expects the impact of the pandemic to provide a £40m profit boost which will help drive...
Business rates

Tory MP calls for business rates to be scrapped and replaced...

Business rates should be scrapped and replaced by an increase in VAT in order to save high street businesses, according to a Conservative MP. Kevin...
Edinburgh Woollen Mill

Edinburgh Woollen Mill sold in rescue deal protecting 1,453 jobs

Philip Day, the owner of Edinburgh Woollen Mill, has secured a deal to rescue the brand and its sister business Ponden Homes from disappearing...

Edinburgh Woollen Mill close to potential rescue deal

The owner of Edinburgh Woollen Mill is close to securing a deal which may rescue the brand after it crashed into administration last year. Philip...
Landsec Piccadilly Circus

Land Securities reveals just 65% of rents collected

One of the UK’s biggest commercial landlords has seen a slump in rent collections in the final three months of 2020 as tenants –...
Retail sales high street

Retailers suffer record sales slump in 2020 after stores forced to...

Retailers suffered their worst annual performance on record in 2020 as a Christmas uplift failed to stop sales for the year slumping lower, according...
Retail high streets Christmas shopping

British Land feels tier pinch as more than half of December...

British Land has managed to collect less than half of the rent it is due from the shops and other retail outlets that rent...
Jaeger Marks & Spencer

Marks & Spencer saves Jaeger from collapse but stores set to...

Marks & Spencer has bought upmarket fashion brand Jaeger following its collapse into administration last autumn. The high street giant is expected to buy the...
JD Sports

JD Sports says stores “likely” to be closed until Easter after...

JD Sports has said its UK stores are “likely” to be shut until at least Easter (which this year falls on 4 April) as...
ASOS Marketplace

Analysts anticipate strong festive trading from ASOS and Boohoo

Online fashion giants ASOS and Boohoo are expected to reveal further soaring sales growth as shoppers shifted towards their sites amid lockdown restrictions. The fast...
Brexit logistics

DPD pauses some parcel deliveries to EU amid Brexit complications

A major parcel courier has paused some delivery services into the EU – including Ireland – because of pressure caused by new post-Brexit red...
Retail footfall

Retail footfall in Scotland down by over half in December

Shopper footfall in Scotland fell by half in December 2020 in comparison with the previous year, latest figures reveal. The British Retail Consortium-ShopperTrak data shows...
Retail footfall

December retail footfall dragged down by tighter restrictions

Troubled UK high streets saw their woes continue in December as tightened coronavirus restrictions saw shopper numbers plummet against the same period last year,...