Miscellaneous
The latest news
Covent Garden launches campaign to brighten up dull winter
Covent Garden has introduced a big splash of colour to brighten up London’s dreary winter days. The major retail area and tourist attraction has introduced a ‘Covent Garden in Colour’ campaign via artist Lois Lillian.
Luxury
Brand Architekts CFO quits
Brand Architekts Group is losing its Chief Financial Officer. Tom Carter has resigned from his role and from the board to become CFO at OnTheMarket, the UK challenger beauty business said Tuesday.
Beauty
UK's Revolution Beauty names new US president
UK-based cosmetics and skincare brand Revolution Beauty has promoted Sara Staniford to President of its US operations. She previously held the role of Group Retail Director London.
Beauty
Primark performance justifies stores-only stance as city footfall bounces back
Primark's trading update has revealed more upbeat news with the chain “good in all markets and ahead of expectation”. Total sales and like-for-likes rose in double digits and city centre footfall recovered.
Fashion
UK consumer confidence dips again in January, outlook weak
The slight rally in consumer confidence in the final quarter of last year proved to be short-lived with the January Blues making an unwelcome return. And we’re in for a “bumpy ride” this year, according to GfK.
Fashion
Lipstick effect: UK beauty shoppers still buying premium in Golden Quarter
NPD Group said premium UK beauty sales over Christmas were up “a phenomenal 9.2% on the previous year despite the deepening cost-of-living crisis”, with lipstick ahead by as much as 22%.
Beauty
UK retail sales in surprise drop, but clothing volumes stay positive
It may have been the key festive shopping month, but the volume of UK retail sales still fell in December, the Office for National Statistics said on Friday. And it added that clothing saw a very slight volume uptick.
Fashion
Positive Luxury interview: biodiversity is the 'new black'; ignoring eco is a business risk
New laws and changing consumer attitudes make ignoring sustainability a huge business risk, say Positive Luxury's co-CEOs. They also see biodiversity as the key issue for the sector at present.
Fashion
Condé Nast UK to leave Vogue House after 65 years
British Vogue’s long and storied association with London’s West End is coming to an end. After six decades+ (since 1958), publishing giant Condé Nast is moving out of its historic Vogue House officers on Hanover Square.
Luxury
Superdrug grows sales and market share over "tremendous" Christmas
Superdrug can now join a long list of UK beauty retailers delivering strong results for the Christmas trading period, with premium fragrances a top gifting target for consumers, it said.
Fashion
Boohoo sees another revenue fall, but stays upbeat
Boohoo’s closely-watched trading statement has revealed figures in line with weak expectations. Revenue may have been up sharply compared to pre-Covid, but it was down globally against a year ago for the festive season.
Fashion
London's Knightsbridge footfall almost back to 2019 levels
More good news for UK retail footfall in a key area of London, which outperformed most of the capital with better-than-expected numbers in the pre- and post-Christmas periods.
Fashion
M&S CEO defends rebuild plan, says Marble Arch store is riddled with asbestos
As M&S’s long battle to knock down and rebuild its London Marble Arch store rumbles on, the retailer’s boss has made a fresh claim that its redevelopment plans are the right solution.
Fashion
UK inflation dip aided by lower fashion discounts, but figure remains high
UK inflation may have eased last month, but with a new consumer price inflation figure of 10.5% in December, rather than 10.7% in November, it was hardly time to break out the party poppers.
Fashion
Tourists boost Richemont's Q3, fashion is strong but Covid-hit China dents sales
Luxury giant Richemont reported Q3 sales up 8% on Wednesday, saying that despite ongoing Chinese weakness, tourists were returning to Europe and Japan.
Fashion
THG update sends shares lower as it warns on profits
THG’s trading statement on Tuesday sent its shares down by 10%+ as it warned on profits, although it may have felt it had done enough to support the share price with news of record sales and a strong balance sheet.
Fashion