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TheIndustry.fashion

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Ray-Ban

Factory staff scam Ray-Ban maker out of £160m

Staff at a glasses factory in Thailand have scammed Ray-Ban maker EssilorLuxottica out of up to €190 million (£162 million). The company which manufactures Ray-Ban...
Debenhams Retail Administrations

Retail administrations decline despite high street turmoil

UK retail administrations have been declining in 2019 despite heavy pressure on high street stores, according to new figures. The number of retail and consumer...
Boxing Day Selfridges

Bad weather deters Boxing Day shoppers with drop in footfall reported

Bad weather has deterred some Boxing Day bargain hunters, with footfall reportedly down 10% in high streets and shopping centres. Retail experts Springboard said footfall...
Christmas sales

Environmental concerns expected to drive down post-Christmas sales spending

Britons are expected to spend £200 million less in the post-Christmas sales this year as environmental concerns drive down buying. Some four in 10 UK...
High street Christmas

No last-minute “dads’ dash” for high street shops on Christmas Eve

There was no last-minute “dads’ dashes” to the high street on the final shopping day before Christmas, with figures showing a decline in footfall...
Super Saturday Christmas Shopping

Super Saturday disappoints as pre-Christmas high street footfall slumps

Retailers who geared up for a Super Saturday on the last weekend before Christmas were left disappointed as high street footfall fell significantly from...
JD Sports

JD Sports tells watchdog £90m Footasylum takeover will “benefit” customers

JD Sports has told the competition regulator that customers will “benefit” as a result of its proposed takeover of Footasylum, despite criticism from a...
Super Saturday Christmas Shopping

Widespread discounting expected as retailers look for Super Saturday boost

Retailers are expected to go deeper on the discounts this weekend as they use Super Saturday to provide a much-needed end-of-year boost. PwC has predicted...
Business rates, High street

Pledge to cut business rates brings relief to the high street

The Prime Minister has pledged to cut business rates for thousands of retailers, pubs and restaurants across England and Wales to aid under-threat high...
Labour High Street Business rates Retail sales

Retail sales slow to weakest annual growth rate since April 2018

Retail sales slowed to their weakest annual growth rate since April 2018 in November as consumers exercised caution amid political uncertainty. Sales volumes fell by...
Beales

Beales considers sale as part of strategic review

Department store Beales has confirmed it is putting itself up for sale as it looks at refinancing options amid tough high street conditions taking...
Sports Direct Mike Ashley

Mike Ashley urges Boris Johnson to fix business rates or risk...

Sports Direct boss Mike Ashley called upon Prime Minister Boris Johnson to implement a swift and meaningful change to the business rates system, which he said...