Miscellaneous
The latest news
New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories
Zalando had big news Wednesday, saying it has evolved its strategy to cover a “larger share of [the] fashion and lifestyle e-commerce market” with a “pan-European ecosystem for customers and partners”.
Fashion
Otto Group unveils leadership succession plan
Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Shaftesbury Capital acquires further prime Covent Garden retail space
Shaftesbury Capital is about to add to its already substantial London footprint. The central London-centric property giant has completed the freehold acquisition of 25-31 James Street in Covent Garden for £75.1 million.
Fashion
TK Maxx signs up for flagship in GPE's Mount Royal, London space
The revitalisation of London’s Oxford Street continues. Off-price fashion and homewares giant TK Maxx is to open flagship store on the Mount Royal block at the Marble Arch end of the major shopping location.
Fashion
Landlord British Land announces new Chair
British Land has lined up a new and highly experienced board lead, appointing William Rucker as Chair Designate. He’ll join the UK retail landlord following its AGM on 9 July, also becoming a non-executive director.
Fashion
Better news on footfall comes with Mother's Day, despite rain
UK footfall has been pretty unimpressive in recent weeks but in the latest seven-day period, it was up a pleasing 6.6% from the week before, helped by Mother’s day and the run-up to Easter, despite ongoing wet weather.
Fashion
New John Lewis strategy will "laser-focus" on retail says CEO, profits return expected
John Lewis Partnership is predicted to announce a return to profit later this week, while it has also emerged that its CEO has said the firm will in future be “laser-focused” on retail.
Fashion
Luxury e-tail crisis: Is it game over for sector's biggest names?
Matches, Farfetch, Net-A-Porter -- luxury fashion e-tail's dynamic driving forces are facing a crisis nobody expected just a few years ago. So what caused it and is there still a chance they could bounce back?
Fashion
Charity Super.Mkt to open debut outlet store at Gloucester Quays
The pulling power of the Charity Super.Mkt retail format continues to attract attention from major retail landlords.
Fashion
Matalan makes five new hires including digital director and head womenswear buyer
Matalan has been busy on the key hires front announcing the appointment of five new leaders as the omnichannel fashion and homewares value retailer continues its business transformation.
Fashion
Westfield UK chief slams Budget disappointment, supports Labour strategy
The UK boss of malls giant Westfield has savaged chancellor Jeremy Hunt’s recent budget and said that the opposition Labour party has more credible ideas than the current government.
Fashion
Matches to go into administration following purchase by Frasers
In 2017, it was sold by its founder for a price rumoured to be £800m. A few months ago Frasers bought it for £52m. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday.
Fashion
Selfridges opens pop-up 'joke shop' complete with designer products
The latest concept to take over the Selfridges Corner Shop pop-up space is an unusual one, with the luxury retailer opening The Joke Shop.
Luxury
Small eco jeweller Robin Valley gets funding boost
Eco-conscious UK jeweller Robin Valley has secured a “game-changing” £50,000 investment to fuel “rapid expansion as demand for its nature-inspired designs soars”.
Fashion
Boots reverts to five-day-a-week office attendance for HQ workers
Signalling a return to pre-pandemic work patterns, health & beauty retail giant Boots is to reinstate a five-day week for its office staff.
Lifestyle
M&S confirms Bickerstaffe planned retirement from Co-CEO job
M&S has confirmed yesterday’s reports that Katie Bickerstaffe — its Co-CEO — is to exit the retailer this year with the firm’s announcement stressing the planned, amicable nature of her departure.
Fashion