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Cavalli to open $545 million luxury skyscraper in Dubai with Damac

Cavalli to open $545 million luxury skyscraper in Dubai with Damac

Italian fashion house Cavalli said on Monday it would open a $545 million ultra-luxurious skyscraper in Dubai in collaboration with real estate developer Damac Properties, aimed at reviving the luxury brand.
Luxury
​Fix UK’s ‘broken’ business rates system or many more stores will shut - BRC

​Fix UK’s ‘broken’ business rates system or many more stores will shut - BRC

Britain’s “broken” business rates system needs urgent reform otherwise over 80% of bricks-and-mortar retailers could permanently close stores, the British Retail Consortium (BRC) warns.
Fashion
Icon Outlet enjoys record August sales, beats pre-Covid period

Icon Outlet enjoys record August sales, beats pre-Covid period

South London outlet mall Icon Outlet at The O2 said sales during August reached record levels compared to the pre-pandemic period in 2019. Sales rose by 24%, average transaction value grew 11%, and footfall rose 10%.
Fashion
'Tale of two Christmases' as consumer incomes boom or bust says eBay

'Tale of two Christmases' as consumer incomes boom or bust says eBay

​UK retailers can expect a “tale of two Christmases” this year. According to eBay UK, personal finances will play a major part in consumer choices as the lasting effects of the pandemic will divide spending patterns.
Fashion
Oxford Circus Piazza plan cancelled after Marble Arch Mound fiasco

Oxford Circus Piazza plan cancelled after Marble Arch Mound fiasco

​Plans to create two temporary pedestrian piazzas on either side of London’s Oxford Circus before Christmas have been "shelved" by Westminster City Council.
Fashion
UK department stores struggled last month but clothing sector stayed positive

UK department stores struggled last month but clothing sector stayed positive

August retail sales volumes surprisingly fell, on a month-on-month basis, in Britain the ONS said Friday. Volumes were down by 0.9%, with non-food store sales volumes down 1%, driven by a 3.7% fall at department stores
Fashion
Hut Group sales soar again, THG Beauty to be listed separately

Hut Group sales soar again, THG Beauty to be listed separately

The Hut Group continued to go from strength to strength in the first half of the year with group revenue rising almost 45% to £958.8 million year-on-year, and rising 95% compared to the first six months of 2019 (2YoY).
Fashion
John Lewis sales improve but profits remain muted

John Lewis sales improve but profits remain muted

John Lewis Partnership’s half-year report on Thursday showed an improvement on the prior-year period but its results were still far below some of the figures it produced just a few years ago.
Fashion
John Lewis Partnership adds 7,000 temporary festive season roles

John Lewis Partnership adds 7,000 temporary festive season roles

​In an optimistic outlook for the upcoming Christmas trading period, The John Lewis Partnership (JLP) is to recruit more than 7,000 temporary seasonal staff across the country — 2,000 more than last year.
Fashion
FatFace finance chief steps up as CEO Evans moves on to lead George at Asda

FatFace finance chief steps up as CEO Evans moves on to lead George at Asda

FatFace CEO Liz Evans is to join Asda as MD of its George unit, a move widely rumoured since the summer. Meanwhile, The FatFace Group has named Will Crumbie as its CEO, moving up immediately from his current CFO post.
Fashion
H&M Q3 sales rise, now back at 2019 levels

H&M Q3 sales rise, now back at 2019 levels

H&M Group’s Q3 sales rose 14% year-on-year (YoY), the Swedish fashion retail giant said on Wednesday. That said, the figure was in local currencies and when converted to Swedish Krona, the rise was only 9%.
Fashion
Inditex is "early winner" in post-Covid world as sales bounce back

Inditex is "early winner" in post-Covid world as sales bounce back

Fashion retail giant Inditex said on Wednesday that its recovery is continuing to gain momentum with its sales, EBITDA and net income in the second quarter of its financial year reaching "historic highs”.
Fashion
Black Friday Barometer shows negative feelings among UK consumers

Black Friday Barometer shows negative feelings among UK consumers

​There are a lot of unhappy UK consumers who don’t feel Black Friday/Cyber Monday (BF/CM) discounts are all they’re cracked up to be. In fact, nine negative views are revealed in the 'Discounting Playbook' report.
Fashion
Shopping centres struggle to atract consumers in latest week

Shopping centres struggle to atract consumers in latest week

Footfall across UK retail destinations dipped 4.2% week-on-week in the seven-day 5-11 September period, with shopping centres and retail parks bearing the brunt of the decline, latest Springboard figures show.
Fashion
Yuki Xu from RISD wins Supima Design Competition 2021

Yuki Xu from RISD wins Supima Design Competition 2021

Yuki Xu from the Rhode Island School of Design has won this year’s design award of Supima, the cashmere of cotton, in an award ceremony compered by Law Roach.
Lifestyle
Fashion, luxury labels tap Milan Furniture Fair to showcase new projects

Fashion, luxury labels tap Milan Furniture Fair to showcase new projects

Shying away from the oversize installations of previous editions, luxury labels like Gucci, Off-White and Givenchy took advantage of the Milan Design Week to showcase an array of new projects and offbeat initiatives.
Lifestyle