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UK landlords Shaftesbury and Capco complete merger

West End London landlords Shaftesbury and Capital & Counties, known as Capco, have completed an all-share merger to form a new combined property group called Shaftesbury Capital. The new group has a portfolio valued at 4.9 billion pounds, with 2.9 million square feet of lettable space located in some of the most iconic parts of London’s West...

7 Mar 2023

Business

SMCP's ‘Retail Lab’ academy for sales advisors launches

French luxury marketplace SMCP has officially launched its SMCP Retail Lab academy, established together with EMA SUP Paris and Institut Français de la Mode (the Paris Fashion School). The school offers students a certified training course to become an experienced sales advisor, with a programme that takes place over a year in the form of...

31 Jan 2023

Retail |In Pictures

In Pictures: Schiaparelli opens its first store in London

Parisian luxury fashion house Schiaparelli announced on Tuesday the opening of a boutique within Harrods department store. This first London shop will "meet the increasing demand from British customers”, the house said in a statement sent to FashionUnited. Schiaparelli's pieces have been a fixture on almost every red carpet for several seasons...

17 Jan 2023

Retail

Marks & Spencer trails in-store virtual try-on feature for Jaeger

Marks & Spencer has joined the increasing line up of retailers getting in on the virtual try-on (VTO) trend after it launched a new partnership with Zyler to introduce the experience in two of its stores. The retailer worked with VTO solutions provider Zyler on bringing the in-store feature to its Oxford Circus and Harrogate branches, where it...

12 Jan 2023

Retail

Dsquared2 and Hackett to open flagships on New Bond Street

Dsquared2 and Hackett are set to open new flagships on New Bond Street as part of the real estate firm GPE’s Hanover development plan. As its sole standalone store, Dsquared2 will be launching a new London flagship, in a 4,700 square foot space covering the ground, basement and first floor areas. The location, set to open later in Q1, will stock...

10 Jan 2023

Retail

Christmas footfall highest since beginning of pandemic, according to BRC

Despite a shift in consumer confidence and their move towards essentials amid a cost-of-living crisis triggered by record inflation, footfall during the peak Christmas period was reportedly the highest since the beginning of the pandemic. According to the British Retail Consortium’s Sensormatic IQ data, total UK footfall for 2022 still fell 11.8...

10 Jan 2023

Retail

Beauty giant Morphe to close US stores

After weeks of online speculation by social media users, Morphe has confirmed it will be closing the doors of its US stores. The beauty giant corroborated reports on Twitter, in a post stating: “We have made the difficult decision to close all Morphe stores in the US. We are forever grateful to our store teams for their passion, talent and...

9 Jan 2023

Retail

Newcastle’s Eldon Square extends opening times, reports strong consumer demand

Newcastle shopping centre Eldon Square has announced new extended trading hours for 2023 as it reports strong demand among consumers and increased visitor numbers. The North East site will be open for one extra hour per day to support retail, dining and leisure businesses in the centre. On Monday, Tuesday, Wednesday and Friday, the location will...

6 Jan 2023

Retail

Dune London plans further international expansion

Footwear and accessories retailer Dune London has outlined plans for further international expansion as it reports “significant growth” in the global market. According to the brand, international sales made by its 131 franchise stores and 48 European stores and concessions now represent 26 percent of its total sales. Its recent collaboration...

6 Jan 2023

Retail

House of Fraser closes Westfield store, exits Central London

House of Fraser has finally closed the doors of its last Central London store in Westfield shopping centre, Shepherd’s Bush. It comes as the multi-brand retailer exited from its Oxford Street location in 2022, as well as a further centrally located store three years prior. Initially reported by This is Money, the Frasers Group-owned brand now...

3 Jan 2023

RetailFeatured

2023 retail sales growth to be low according to BRC

In the midst of a cost-of-living crisis, record-breaking inflation and supply chain issues, the UK retail industry has been up against a challenging market and it seems in the new year it may not vastly improve. According to a new study by the British Retail Consortium (BRC), retail sales are only set to grow between 2.3 to 3.5 percent in 2023,...

3 Jan 2023

Retail

Kizik to debut first hands-free footwear store

Kizik has announced it will be launching its first retail store alongside seven new shoe styles, which will further showcase its hands-free footwear technology and freshly unveiled boot design. Its plans were on display at CES 2023, where the brand hosted a booth and was also announced as the recipient of two CES Innovation Awards for two of its...

2 Jan 2023