Hopes that strong retail sales in the summer would continue into early autumn seem to have been dashed — at least that’s the case according to the earliest of the monthly retail sales reports to come out.
This week has brought a number of moves in the property sector as Landsec said on Friday that it has sold two retail parks, while a joint venture acquired Martineau Place shopping centre in Birmingham.
Amazon's executives remained largely white, although the share of non-white executives rose modestly. Minorities continued to account for most of its blue-collar workforce as it grew rapidly during the Covid-19 pandemic.
The department store chain has joined forces with the pioneering athleisure label to launch Juicy by Juicy Couture, an exclusive brand expansion offering an affordable and inclusive take on the label’s signature styles.
TJX Europe has begun hiring up to 2,000 young people in the UK under a government work placement programme. The Kickstart Scheme will offer six-month posts in over 400 TK Maxx and Homesense stores across the country.
Covid-19 was no friend to cash. The pandemic saw retail transactions via payment cards rocket in 2020, according to the British Retail Consortium (BRC). Cash now accounts for just 15% of total spending in retail.
The San Francisco-based online styling service reported net revenue of $571.2 million for the fourth quarter on Tuesday and also announced the launch of its new Stitch Fix Freestyle shopping experience.
London Fashion Week’s final day of major shows on Monday was the latest tour around the capital, from outdoor Hyde Park art centre to East End church with stops in Mayfair, from gentleman’s club to concept restaurant.
The Milan women’s fashion week starts on Tuesday with a schedule of 173 events, 65of them catwalk shows, featuring the return of Cavalli, Versace and Jil Sander, MM6’s first physicalshow and many interesting new names.