Footfall in UK retail destinations rose a modest 0.5% last week, despite continuing poor weather. And that albeit mildly positive number was driven by a stronger showing across high streets, particularly in London.
There’s a heap of consumer cash waiting to be spent -- £40 billion to be precise. That’s the amount of lockdown savings Britons are only too willing to splurge in the post-Covid economic recovery, research has found.
Amanda Wakeley is the latest UK fashion firm to collapse due to pressures created by the ongoing pandemic. The firm announced Friday that it had gone into administration with some jobs being cut as a buyer is sought.
VIA Outlets has reopened its entire 11-centre portfolio after Covid-19 restrictions were lifted in various markets. And it's seen encouraging trading, new services added and a host of new brands joining the portfolio.
Farfetch has reported another big leap forward in terms of gross merchandise value (GMV) and digital platform GMV as it continues benefit from consumers shifting online both generally and due to the pandemic.
Following two seasons with barely any in-person runways, the fashion week is set to make a spectacular comeback in September, with shows from brands including Rodarte and Altuzarra and the return of the Met Gala.