Amazon has opened its first UK non-food store with a debut at Bluewater in Kent. Although not selling fashion for now, it’s a strong signal of the retailer’s ambitions in physical retail for multiple product categories.
The French luxury label is moving into the sports market in partnership with Italian gym equipment specialist Technogym, personalizing a selection of accessories as part of a limited-edition collection.
Diamanti Per Tutti (DPT) wants to push deeper into the global travel retail sector. So the contemporary Belgian jeweller has appointed strategic retail consultancy Harper Dennis Hobbs (HDH) to assist in its journey.
The Hut Group shares continued to fall on Tuesday morning after a period of decline that had already seen the firm losing a quarter of its market value in just two weeks by Monday’s stock exchange closing bell.
UK grocery and general merchandise retailer Morrisons is being acquired by the group that made a rebuffed bid for it earlier this year, with American group Clayton, Dubilier & Rice winning the auction at the weekend.
Freemans is on an early ad attack in a bid to gain a promotional advantage in the run up to Christmas. The launch of three TV ads for AW21 comes three weeks earlier than in 2020 “to meet customer demand".
As London gradually recovers from the pandemic but footfall remains well below pre-Covid levels, London’s West End shopping district is in for a £5 billion investment windfall over the next five years.
At the event’s inaugural conference, Pascal Morand, executive president of the French Haute Couture and Fashion Federation, presented a software to measure the event's impact, and the federation’s support of new labels.
Xmas shopping is expected to see an early start this year in the UK with a survey showing only 9% of shoppers will leave it until December to make their purchases. But December 18 will still be the season's busiest day.
H&M Group sales are continuing to recover as its markets reopen, although it’s not bouncing back as fast as some rivals. That said, its net sales in local currencies increased by 14% year-on-year in Q3.