×

Lifestyle

The latest news

Tourist spending in Europe hit two-year high in 2019 says Planet

Tourist spending in Europe hit two-year high in 2019 says Planet

Europe may be reeling from lower tourist numbers on the back of the coronavirus outbreak, but tourism remains a key source of shopping activity as a new report for 2019 shows.
access_time
Luxury
Laura Ashley loss widens, new CEO takes over as retailer targets global growth

Laura Ashley loss widens, new CEO takes over as retailer targets global growth

With its new CEO and short-term funding in place, Laura Ashley has released a weak set of results with losses increasing and even e-tail sales dropping. But the firm is upbeat and sees international opportunities ahead.
access_time
Fashion
Coronavirus could be knockout blow for Hong Kong's once-thriving tourism, retail sectors

Coronavirus could be knockout blow for Hong Kong's once-thriving tourism, retail sectors

Hong Kong retail sales are expected to post their steepest fall on record in January at around 30%, while tourist arrivals in February fell to under 3,000 a day on average, from around 100,000 in January.
access_time
Fashion
Retail should recover quickly post-coronavirus says expert, but Bicester Village suffers as tourist trips fall

Retail should recover quickly post-coronavirus says expert, but Bicester Village suffers as tourist trips fall

A drop in Chinese tourism has been affecting key shopping destinations but the retail sector is hopeful that the recovery could be quick once the coronavirus has been contained.
access_time
Luxury
Laura Ashley trading is tough, talks to lenders about access to funds

Laura Ashley trading is tough, talks to lenders about access to funds

Laura Ashley issued an unexpected update on Monday along with a “response to press speculation”. The retailer said trading in the current financial year “has continued to be challenging” and it's in talks about funding.
access_time
Fashion
Westfield owner reviews development pipeline amid 'challenging' times

Westfield owner reviews development pipeline amid 'challenging' times

Shopping centre landlord Unibail-Rodamco-Westfield disposed of several retail assets and scaled back its development pipeline in 2019 after facing a “challenging” retail environment in the UK.
access_time
Fashion
Stockmann makes progress, Lindex has strong year, profits improve

Stockmann makes progress, Lindex has strong year, profits improve

Stockmann is forging ahead with its transformation plans and while the signature department store chain is loss-making and the market is tough, the firm is upbeat on its prospects and of those of the more buoyant Lindex.
access_time
Fashion
Marimekko upbeat as collabs pay off, has big plans for 2020

Marimekko upbeat as collabs pay off, has big plans for 2020

Marimekko was in an upbeat mood Thursday as it delivered a “strong” set of results for the year ending December 31. It was boosted by a flourish in the final quarter on strong Holiday numbers and international traction.
access_time
Fashion
UK's £1bn Valentine's spend is minimal rise says GlobalData

UK's £1bn Valentine's spend is minimal rise says GlobalData

Valentine’s Day is set to be worth just over £1 billion in revenue this year in Britain, a minimal 0.6% rise on last year and actually a fall if inflation is taken into account, GlobalData said on Wednesday.
access_time
Fashion
Gucci unveils Gucci Osteria da Massimo Bottura in Beverly Hills

Gucci unveils Gucci Osteria da Massimo Bottura in Beverly Hills

Set to open to the public on February 17, the new Osteria is located on the roof of Gucci's Los Angeles store and is led by Michelin-star chef, Massimo Bottura, the chef patron of Osteria Francescana.
access_time
Luxury
Ikea new CEO targets 'even more affordable' furniture as habits shift

Ikea new CEO targets 'even more affordable' furniture as habits shift

Ikea named insider Jon Abrahamsson Ring to succeed Torbjorn Loof as chief executive of the world's biggest furniture brand on Tuesday as it adapts to seismic shifts in shopping.
access_time
Lifestyle
Fashion flops in January as clothing sales fall, online penetration increases

Fashion flops in January as clothing sales fall, online penetration increases

Two new spending surveys, from Barclaycard and the BRC, showed fashion stores struggling in January, discount stores on the rise and online spend strengthening its hold on UK consumers overall.
access_time
Fashion
Malls bounce back in January as UK footfall decline slows down

Malls bounce back in January as UK footfall decline slows down

The week has started with some good news for the under-pressure malls sector with the latest UK footfall report from Springboard being headlined 'The start on the road to recovery for shopping centres'.
access_time
Fashion
End of the road for over half of Beales stores as no buyer is found yet

End of the road for over half of Beales stores as no buyer is found yet

It's been a bad year for Beales so far and it got worse on Friday with the mid-market department store chain set to close 12 shops – more than half of its total – as administrators continue to seek a buyer for the rest.
access_time
Fashion
Harrods unveils new interiors department

Harrods unveils new interiors department

After the revamp of its beauty hall, menswear department and fine watches area, the latest Harrods department to reopen with a new look is the luxury retailer’s homewares destination.
access_time
Lifestyle
New John Lewis chair warns on possible store closures, job losses

New John Lewis chair warns on possible store closures, job losses

Sharon White has only been in her post as chair of John Lewis Partnership for a few days but she's already warned that the retailer is facing its toughest decisions in almost 100 years.
access_time
Fashion