London landlord Shaftesbury has delivered an impressive record in terms of attracting a host of new retailers and increasing footfall to its properties. it has signed over 60 new brands since 1 October 2020.
More evidence came through on Tuesday showing that fashion was a key driver of retail spending in the UK last month. Two regular monthly reports (from the BRC and Barclaycard) called out fashion as a star category.
Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
Manchester-based textiles supplier Swiscot Group is expanding into fashion, launching its own clothing and accessories lines for SS22. The firm has begun supplying clients with white label and private label products.
One thing Paris would not appear to need is another hotel. Yet LVMH launched two five-stars this fall. We met Bulgari CEO Jean-Christophe Babin to talk about the latest, Bulgari Hotel, and the race to be Paris' best inn.
UK shoppers plan to spend £8.4 billion on buying Christmas gifts from independent retailers, some £2 billion more that a year ago, new research from Direct Line business insurance shows. That's 28% of their budget.