TheIndustry.fashion
Almost £600m slashed from value of British Land amid retail turmoil
Meadowhall owner British Land saw almost £600 million slashed from the value of its retail property portfolio as it was struck by the
Mulberry losses widen amid tough UK trading
British luxury house maker Mulberry has revealed widened half-year losses as fewer shoppers visited its UK stores amid tough high street trading. Shares
New Look slashes losses as it reduces product range
New Look has warned it does not expect the tough high street conditions that have claimed many of its rivals to improve. However
Retail woes wipe £368m off Landsec portfolio value
Shopping centre owner Landsec has plunged to a half-year loss after taking a £368 million hit on the value of its properties from
Shoppers stay away from stores as weather hits footfall
The number of shoppers heading to the high street, retail parks and shopping centres is continuing to fall, new data has revealed. In
Political turmoil in Hong Kong expected to dent Burberry sales growth
Burberry investors are holding out hopes the luxury retailer has followed its “encouraging” start to the year with strong first half figures, despite
Mamas & Papas closes stores after collapsing into administration
Mamas & Papas has collapsed into administration with six store closures, just days after rival Mothercare went bust. The retailer has made 73
High Street to be hit by ‘perfect storm’ this Christmas
High street sales collapsed in the last week of October amid political upheaval as retailers face a “perfect storm” in the crucial Christmas
Sports Direct attacks business select committee for ‘fobbing off’ concerns
Sports Direct has launched a stinging attack on business select committee chairwoman Rachel Reeves, accusing her of “fobbing off” enquiries by the retailer.
Intu warns rents will fall this year and next
Shopping centre owner Intu has warned that rental income in 2019 is likely to fall by 9%, with more than half the decline
Marks & Spencer hit by plunging clothing and home sales in...
Marks & Spencer said it is rapidly pushing ahead with its turnaround plan after half-year sales slumped during a “challenging” period for its
Former BHS owner Dominic Chappell disqualified from being director for 10...
The businessman who bought BHS from Sir Philip Green for £1 before it collapsed has been banned from running a company for 10