At last, some much-needed good news for UK retailers. Footfall rose 5.4% week-on-week across all UK retail destinations in the seven days to 3 December, said Springboard. Increases were seen across all key destinations.
Amazon, M&S and Adidas have emerged strongly from the newly-launched Retail Performance Index compiled by agency VCCP. It’s based on a survey of 3,000 consumers and looks at strength in “the buying moment”.
Carnaby is a major year-round draw for London visitors and shoppers, but it takes on an added significance during its renowned Christmas installations. And this year's lights celebrate moments from the past 25 years.
Oh My Cream is continuing its international rollout with a second London store. On the King’s Road, it follows the beauty retailer expanding outside of France for the first time last month with its Notting Hill debut.
Farfetch shares are more than a quarter down from where they were this time last week. And the reason? The company held a capital markets day Thursday and the cost of its ambitious plans didn’t please its investors.
Spanish firms such as Munich, Cecotec, Create, Silbon, Mr. Boho, Renatta & Go, Hawkers, Pikolin, Joma, Taurus, Ecoalf, Kelme, Bassols, Charanga and Black Limba are among those listed in the marketplace.
Oxford Street’s status as one of London’s (and Britain’s and Europe’s) key shopping attractions could be at risk. The profile of its tenants is changing with 1 million sq ft of former retail space to be lost to offices.
Given the tough set of challenges Creightons outlined in its March results statement, the personal care, beauty, and fragrances producer delivered a “very commendable performance” in the latest six-month trading period.
Despite a much-needed boost from Black Friday, November’s retail footfall numbers across the UK fell from October “as consumers continue to hold out for cheaper discounts at the end of December", says Springboard.