Selfridges had already told us that its Boxing Day clearance sale business was buoyant and at the weekend it said the Christmas season as a whole was better than ever with rising footfall and strong full-price sales.
Under-pressure retail giant Debenhams has announced a key new appointment with news that Richard Jones is to join it as Trading Director, Global Sourcing, having earlier worked on the expansion of Sainsbury's Tu label.
One of the UK’s highest profile high street fashion names is believed to be seeking a new minority investor or possibly even a new owner with Jigsaw as the UK fashion retail sector faces ongoing weak sales.
‘Supermalls’ in the UK are set to outperform physical retail growth overall, as they attract Millennial shoppers by including more leisure options in their mix, according to a new report from GlobalData.
Debenhams profits dropped in the latest year but the big news was around its rebirth plan that includes a new designer signing, in-store gyms, soaring mobile sales, making its Danish chain a Scandi hub and much more.
Retailers in London’s West End are predicted to take over £50 million a day in the six weeks to Christmas but till receipts should rise only 1.5% overall. There will be a tourist boost, but not as large as last year's.
Last week retail N Brown said it was forging more partnerships with e-tailers for its brands and on Monday Koovs, the AIM-listed India-focused e-commerce business, said it would start selling N Brown’s Simply Be offer.
Apparel and textile major Arvind Ltd’s e-commerce platform NNNow is planning to enter the booming fashion e-commerce market by expanding its brand portfolio and offer other brands not owned or marketed by the firm.