What had once seemed unthinkable is now not only happening but accelerating as failed UK retailers' giant spaces are transformed for new uses. And a spate of news on Monday showed the extent of the issue.
A busy weekend of action at the virtual Paris Fashion Week, where most of the online videos were shot thousands of miles away from the French capital. We look at five of the most notable houses over this past 48 hours.
In a typically blunt statement, Frasers Group has blasted Chancellor Rishi Sunak’s Budget as doing virtually nothing for hard-pressed retailers on business rates. And it seems some of its stores are at risk as a result.
Finally, Paris Fashion Week had an actual live catwalk show. A drive-in runway event witnessed Thursday night by a few score of editors and influencers from inside Citroen DS7s and staged inside the AccorArena.
Chancellor Rishi Sunak has unveiled what has been touted as the most important budget statement in decades. And there's plenty in the latest announcement that directly impacts the fashion and retail sectors.