Lifestyle
The latest news
UK store vacancies shrink but are still high - report
UK retail vacancy rates improved in the final quarter of 2022 to 13.8%. But before you get too excited, it was only better by 0.1% on Q3 and 0.6 percentage points better than the same period last year.
Fashion
Visa, Mastercard pin hopes on China reopening as travel boom fades
Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a boost, Wall Street analysts said, as the pace of growth in other parts of the world eases from a post-pandemic boom.
Lifestyle
Discounts not enough? CBI cites early signs that January retail has been weak
What did Friday’s CBI survey report show for January? Lower sales volumes as retail got off to a slow start despite the clearance sales. They're expected to decline again next month too, “but at a slightly slower pace”.
Fashion
Maison & Objet show to launch wellness section in September
The September 2023 edition of Parisian trade show Maison & Objet, dedicated to the home decoration, design and art-of-living sectors, will feature a new section focusing on wellness.
Lifestyle
Lark London store heading outside the capital to land in Woking
Lark London is embarking on its first retail venture outside the UK’s capital (but not too far out). The independent lifestyle boutique brand is to open at the Victoria Place shopping centre in Woking, Surrey, in March.
Fashion
Julie Harris becomes Hyve Group non-exec
Global events company Hyve Group has appointment Julie Harris as a non-executive director, effective 2 February. She will take on the role of Environmental, Social and Governance (ESG) Committee Chair.
Fashion
H&M's profit tumbles more than expected as costs bite
Sweden's H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags.
Fashion
Visa profit beats estimates on resilient consumer spending
Visa Inc's first-quarter profit beat Wall Street targets on Thursday as its payments volume held steady with Americans still spending on international travel despite an economic slowdown.
Fashion
Clare Vivier on her next store opening and strategy for her brand Clare V.
Los Angeles-based designer Clare Vivier will open her fourteenth Clare V.'s boutique in Washington D.C. at the end of spring. FashionNetwork.com sat down with her to talk about strategies and projects with her brand.
Luxury
Two UK shopping centres are first to achieve net zero carbon status
Sustainability hats off to two retail destinations. Quayside MediaCity in Salford and Gloucester Quays have become the first shopping centres to achieve ‘Net Zero Carbon – Operational Energy’.
Fashion
Retail footfall improved in 2022, but pre-pandemic gap is "long-term trend"
Following an increasingly tough 2022 for UK retail, footfall this year won’t return to pre-pandemic levels and the gap from 2019 and will settle at between -5% and -10%, according to retail experts Springboard.
Fashion
Liverpool One launches local indies pop-up
Liverpool One is building on its commitment to creating a difference for its visitors via independent brands and innovative concepts. So the mall has introduced a MerseyMade pop-up of local artisans’ and artists’ work.
Fashion
WGSN owner to put trends business up for sale
WGSN and Cannes Lions owner Ascential delivered a strong trading update Wednesday, but also announced surprise news: its WGSN trends service is up for sale following a strategic review that it launched last spring.
Fashion
Freemans extends successful media deal with iProspect UK
Freemans Grattan Holdings has extended its media deal with iProspect UK after a decade working together in which they relaunched Freemans as a pureplay digital department store and saw growth outstripping the market.
Fashion
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
Board member Sanders becomes THG CFO, Gallemore moves to COO
There’s been an executive reshuffle at the THG Group. Damian Sanders has been appointed Chief Financial Officer with immediate effect. That comes as previous CFO John Gallemore now becomes Chief Operating Officer.
Beauty