The royal wedding underlines the economic potential of a sector that needs to embrace digital technologies and look for new markets and formats to face a fragmented landscape where millennials will reign supreme.
The UK’s Black Friday weekend got off to a strong start online on November 24, but early evidence suggests that physical store shopping was weaker and London's West End was hit by panic after a terrorist false alarm.
A clear picture of June shopping in the UK is emerging and shows footfall rising as the sun shone. But it's not all good news for the fashion sector as specialist fashion stores and department stores saw falling sales.
Cautious shoppers stayed away from physical stores in greater numbers in May and fashion shops suffered the most. Hopes are low for June too after the shock election result, despite the month's warm weather boost.
UK retail and fashion firms face more uncertainty as the general election result shows no party with an overall majority. There are problems ahead but also a silver lining as the soft Brexit prospects have strengthened.
UK consumers appeared to be in the mood to go out and to shop over the long Easter weekend with new figures showing higher footfall to high streets and online sales advancing. Easter Monday looked particularly strong.
The prospects for UK retail remain both patchy and confusing as a new report from Ipsos Retail Performance on Friday showed poor footfall during March, despite another tracker suggesting footfall rose last month.
UK physical store footfall dropped again in January as the shift of non-food purchases online suggested it will be a tough year for stores in fashion and other key categories. Malls were the worst hit by the drop.
Footfall to physical stores in the UK continued to be weak at the end of the year but 2017 started even worse with visitor traffic to shopping centres down by almost half while online shopping rose strongly.