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COVID-19

Oxford Street 2020

Footfall rises across UK despite “rule of six”

Footfall rose by +2.4% across UK retail destinations last week - between 13-19 September, 2020, according to the latest data from retail experts Springboard,...
superdry

Superdry loss widens as Coronavirus hits turnaround strategy

Superdry has reported deepening losses for the full year due to the Coronavirus pandemic impacting the chain’s turnaround strategy. Superdry posted revenue of £704.4m in the 52 weeks to...

Scrapping VAT-free shopping for tourists to cost 70,000 jobs, say retailers

Business leaders in the retail, leisure and tourism industries say the Government’s decision to scrap tax-free shopping for all tourists visiting the UK after...
Sadiq Khan

Sadiq Khan: Government in “listening mode” over extending rates holiday

Sadiq Khan has said the Government is in “listening mode” over his plea to extend the business rates holiday for another year. After the coronavirus...
Mayor of London Sadiq Khan

Mayor of London joins calls to extend business rates holiday

Mayor of London Sadiq Khan is urging the Government to extend the business rates holiday for another year over fears thousands of jobs could...

Retail sales continue recovery in August but lose pace, as fashion...

UK retail sales continued their recovery in August but saw growth slow down, according to the Office for National Statistics (ONS). Meanwhile fashion remains...

Aspinal of London launches CVA proposal in a bid to exit...

Leather goods and handbag brand, Aspinal of London is seeking to launch a Company Voluntary Arrangement (CVA) restructure proposal that could see it close...
Seven Dials, London's West End

Central London locations seeing increased consumer interest, CACI reports

According to the latest research from CACI, the consumer and location intelligence specialist, there is a large level of the disparity in...
John Lewis Oxford Street

John Lewis drops staff bonus after half-year loss

John Lewis will drop its famous staff bonus next year after reporting a £55m loss before tax, which escalated to £635m for the six months...
Next

Next raises profit outlook again after sales boost

Next has upped its full-year earnings outlook for the second time in as many months after strong recent trading and a better-than-feared first half. The...
High streets retail landlords

Government extends ban on business evictions until end of year

The Government has announced it is extending a ban on business evictions until the end of 2020. Measures were put in place at the start...

UK fashion retailers focus on free delivery to win back customers...

UK fashion brands are focusing on rolling out free delivery by 2021 in response to the COVID-19 pandemic, with the aim of winning back...
Oxford Street 2020

Retail footfall drops across the UK as schools re-open

Footfall across all retail destinations throughout the UK declined by -6.3% in the week of 6-12 September, as the final wave of schools re-opened,...
Amazon

Amazon Fashion teams up with British Fashion Council for London Fashion...

The British Fashion Council has teamed up with Amazon Fashion as part of London Fashion Week to support British fashion designers affected by the COVID-19...