While China has now reopened its borders after more than two years of Covid restrictions, the country is forecast to become a major tourist destination in a report from the World Travel and Tourism Council.
Primark's trading update has revealed more upbeat news with the chain “good in all markets and ahead of expectation”. Total sales and like-for-likes rose in double digits and city centre footfall recovered.
The slight rally in consumer confidence in the final quarter of last year proved to be short-lived with the January Blues making an unwelcome return. And we’re in for a “bumpy ride” this year, according to GfK.
It may have been the key festive shopping month, but the volume of UK retail sales still fell in December, the Office for National Statistics said on Friday. And it added that clothing saw a very slight volume uptick.
As Chinese shoppers trickle back to tourist hotspots for Lunar New Year holidays, malls from Macau to Bangkok aim to lure them into stores with red lantern displays, special dances to mark the Year of the Rabbit.
British Vogue’s long and storied association with London’s West End is coming to an end. After six decades+ (since 1958), publishing giant Condé Nast is moving out of its historic Vogue House officers on Hanover Square.
Bags were big for Christmas with luxury accessories brand Aspinal of London having outperformed over the important December trading period. It’s also looking forward to strong international growth this year.
Boohoo’s closely-watched trading statement has revealed figures in line with weak expectations. Revenue may have been up sharply compared to pre-Covid, but it was down globally against a year ago for the festive season.
Bed Bath & Beyond Inc has been in talks with prospective buyers and lenders as the struggling retailer tries to keep its business afloat ahead of a likely bankruptcy filing, CNBC reported on Wednesday.
Almost four years after the acquisition of Fred Segal by entrepreneur Jeff Lotman, founder of Global Icons, FashionnNetwork.com talks to the executive about the major challenges of 2023 and the brand's expansion.
Key Birmingham shopping destination Grand Central is to lose 200,000 sq ft of retail space. Commercial property giant Hammerson has submitted plans to transform the former John Lewis anchor department store there.