In Numbers: the Week in Fashion in Figures

Footfall edged up this week as British consumers took tentative steps back to the high street but the introduction of the “Rule of Six” may well dent fragile consumer confidence in the coming weeks. Worse than that, with talk of Christmas effectively being cancelled this years, those retailers that only just staggered out of lockdown may not make it to Christmas if consumers stay home during the most crucial trading quarter of the year.

Perhaps the most depressing number to have emerged this week is that the total number of job losses in retail has topped 125,000 already this year with many more to come.

Herewith your headline numbers from the week in fashion.

10

The number of major landlords who are said to be opposed to New Look’s CVA plan which seeks to switch the majority of its store estate to turnover-based rents.

New Look CVA hangs in balance as landlords push back

2.6%

High street footfall received a small boost, jumping 2.6%, as some office workers returned to work.

High street footfall rises 2.6% as Britain gets back to work

9

Bravado opened the first Rolling Stones flagship store at number 9 Carnaby Street; we got an early look at the store and merchandise.

The Interview: David Boyne, managing director, Bravado

68%

JD Sports half-year profits slumped as a result of the COVID lockdown but it says it is well placed for the future.

JD Sports half-year profits slide as store footfall remains “weak”

10,000

Amazon is creating 10,000 jobs in the UK this year and one of the projects it has underway is the creation of driverless delivery vehicles.

Amazon starts work with driverless delivery team in UK

2.5km

Centre:mk houses 2.5km of shopping malls. Its director Kevin Duffy talked to us about how it has been performing post-lockdown.

In Focus: Centre:mk’s Kevin Duffy talks shopping behaviours post-lockdown

£395bn

Retail sales hit £395bn and this week the Government launched a Bounce Back plan to help it recover from the COVID crisis.

Government launches “bounce-back” plan for retail industry

15

QUIZ has said 15 of its stores will remain permanently closed after lockdown as it reports a plunge in sales as a result of the crisis.

Quiz reports a plunge in sales and closes 15 stores permanently

125,000

It has been revealed that 125,000 job cuts in retail in the first eight months of this year with many more expected to come.

Retail sector job cuts top 125,000 in first 8 months of 2020

30 minutes

Luxury last mile delivery service Toshi offers customers 30-minute delivery slots throughout the day, its founder Sojin Lee tell us all about it.

How Sojin Lee wants to create the last word in last mile luxury with Toshi

2013

LVMH acquired a majority stake in British footwear designer Nicholas Kirkwood’s brand in 2013, this week it was announced he was taking back full ownership.

Nicholas Kirkwood to part ways from LVMH and take back ownership

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