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TheIndustry.fashion

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Retail sales

Retail sales flatline in January as retailers brace for another tough...

Retail sales fell flat in January as high street retailers suffered a bruising start to 2020, according to new figures. The CBI’s monthly distributive trends...
Sainsbury's

Sainsbury’s pledges £1bn investment to hit “net zero” by 2040

Sainsbury’s plans to invest £1 billion towards making its operations “net zero” emissions by 2040 – a decade earlier than the UK’s legal goal...
Walpole

DREST and Burberry among speakers for Walpole Summit

Walpole will be exploring the future of luxury at its next Summit, entitles "New Strategies, New Horizons" on 4 February, with big name fashion...
5G

Can 5G technology help revive the UK’s high street?

Owners of retail property are putting their faith in 5G wireless technology as a potential high street saviour, a report has found. Around 66% of...
Jacket Required

Jacket Required to move to the Saatchi Gallery for July 2020...

Menswear and streetwear show Jacket Required has announced it will be relocating to the Saatchi Gallery on the King’s Road in south west London...
Ted Baker

Ted Baker warns £58m accounting hole is three times bigger than...

Ted Baker management has said that a major accounting blunder is almost three times as bad as they first thought, after auditors ripped apart...
Burberry

Burberry ups guidance despite hit from Hong Kong

Burberry’s sales halved in Hong Kong as political turmoil continued to drag on retailers in the Chinese city state, but the luxury clothes brand...
Matalan

Matalan subdued in tough retail market

Matalan was not immune to the headwinds facing the high street in the closing months of last year as revenues and profits dropped. Revenue hit...
Beales

Beales collapses into administration, with 1,000 jobs at 22 stores at...

Department store chain Beales has collapsed into administration after failing to find a last-minute buyer to rescue the 139-year-old business, it has been confirmed. More...
Queensgate TK Maxx

TK Maxx to open at Queensgate in 2021

Discount fashion retailer TK Maxx is to open a 37,000 sq ft store on Queensgate Shopping Centre’s upper mall in March 2021. Lendlease and Invesco Real Estate,...
Intu

Shopping centre owner Intu to tap up shareholders to pay down...

Shopping centre owner Intu has revealed it will be tapping up shareholders for extra cash to pay down its debts. Intu Properties, which owns several...
High street

2019 caps fifth year of falling sales for high street

The UK high street has recorded its fifth consecutive year of falling sales, figures show. BDO’s High Street Sales Tracker (HSST) shows average annual like-for-like...