Ikea saw a sixth year of UK growth in the 12 months to August 31 with the retail giant’s sales up 5.8% to £1.814 billion. It also increased its market share by 0.5% and is targeting a share of 15% within 10 years.
Boden has finally opened its central London store with its debut in Chelsea also being the retailer’s first high street store. The sizeable space is in Duke of York Square, the shopping centre on the King’s Road.
Tech company Snapchat has unveiled its first European store selling Spectacles in the East London hipster hub Boxpark Shoreditch. The pop-up acts as an interactive space for consumers to try out the smart eyewear.
Farfetch is seeing fast-rising sales but its losses have widened as it continues to invest in growth and sacrifice profit ahead of an expected US IPO. That’s the main message from the accounts that were filed this week.
London lost its top spot on a list of key cities for luxury store openings this year. The new review by Savills saw Paris back in the lead this time, but London, New York and Tokyo are top of many brand wishlists.
Wal-Mart Stores said on Monday it will offer Hudson’s Bay Co-owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business.
Pat McGrath Labs is debuting a new beauty collection for sale on music streaming site Spotify. This marks the first time beauty products are being sold alongside music merchandise directly through an artist's page.
Black Friday store visits will drop this year for the first time since it became a key shopping day in 2013, a new study says. But another forecast says spending over the Black Friday period will rise above inflation.
More gloomy news just at the time retailers would normally be looking forward to the year’s biggest shopping frenzy.Visa's survey showed UK shoppers cut back spending more than ever last month with fashion hit hardest.