Paul Smith Group Holdings, the company that owns the Paul Smith trademarks, has filed its annual results for the year to June 30 2020 and said that the final quarter of that year was hit hard by the pandemic.
‘Freedom Day’ isn’t shaping up to be what Britons were expecting just a few weeks ago. New research reveals a hefty 68.5% of consumers now oppose plans to end distancing measures and mask-wearing in stores.
Positive news for giant retail landlord Landsec. The UK’s largest commercial property firm said Friday it has made “good progress” on rent collections following over a year of widespread pandemic-induced disruption.
Positive news for UK fashion retailers on Friday. Total like-for-like fashion sales skyrocketed 73.7% in June, albeit from a base of -20.9% for June last year, bolstered in part by steady spending online.
As the pandemic caused major disruption in 2020 and early 2021, out of stock messages were frequent. But while they’ve become rarer recently, non-availability of the goods that customers want to buy is still a problem.
Major central London landlord Great Portland Estates (GPE) issued a trading update on Thursday and said that “momentum is building”. It also confirmed that Superdry is exiting its Regent Street flagship.
The Westfield name is going to be much better known in Europe from September with malls giant Unibail-Rodamco-Westfield (URW) set to rebrand six of its locations in four markets on the continent as Westfield only.