The news on Easter footfall to retail destinations was mainly good on Tuesday morning as the Ipsos Retail Traffic Index saw a week-on-week rise and — most importantly — a small fall compared to the pre-pandemic Easter.
The power of Gen Xers is clear from a new report. They were the highest online purchasers of fashion in 2021. And the 41-56-year-old demographic made up a fifth of cross-border ‘Power Shoppers’, according to ESW.
American fashion and lifestyle retailer Anthropologie has taken a 4,500 sq ft space at the evolving £400 million Islington Square development in North London. Opening in early summer, it becomes its 18th UK store.
Luxury giant Hermès was the latest big name to update on recent trading on Thursday and it reported what we’ve seen elsewhere so far this year — “strong sales momentum across all business lines in all areas”.
Laura Ashley has big news. It's signed a deal with IMG “to expand fashion and lifestyle products that reflect the brand in a fresh, modern way in Europe, Australia, New Zealand, China, India and the Middle East”.
Campaigners had hoped to prevent the demolition of the Marble Arch, London, branch of M&S, but the plan is set to be given the final go-ahead after London mayor Sadiq Khan referred it back to the local council.
Booming online shopping, with the addition of Covid and Brexit, means demand for UK warehousing and transport systems has increased by 88% over the past decade and is 21% higher than in 2019, a new report claims.
Consumers were socialising more actively last month, as well going on holiday, taking part in sports and working in their offices. And this seems to have spurred them to buy more fashion and sportswear.
Joe Browns is aiming to reach its customers in more aspects of their lifestyles and has added its biggest-ever homewares collection. This follows a small trial capsule in 2020 and 2021 mainly focused on bedding.
The UK’s economy grew 0.1% in February, official figures showed on Monday, and while that growth had slowed from January’s +0.8%, there was a crumb of good news for retail as it seems that tourists are returning.