J.Crew is closing all six of its UK locations, including the massive flagship on Regent Street, calling in liquidators to its British operation and will serve the British market via its global webstore.
Intu’s administration filing hasn't stopped retailers from signing up to open stores at its major malls. The latest news is that Next will be opening three of its new concept premium beauty stores at Intu locations.
The UK government’s latest decision to postpone its business rates revaluation once more has been criticised by property specialists who have repeated their calls for fundamental reform of the system of property taxes.
Unsecured creditors of Go Outdoors could get back only around 1p in the pound, according to Deloitte. Given that it plans to pay most bills and honour customer returns, that leaves landlords as the main group to suffer.
The New West End Company is calling on the UK government to introduce tax-free shopping for European tourists post-Brexit as what should be Britain’s busiest shopping area continues to see a mere trickle of visitors.
The struggling British fashion and accessories brand, which is axing its Paris and Hong Kong comms teams, is also on the verge of discontinuing its ready-to-wear and footwear licences from Spring/Summer 2021.