Brexit is looming but London is still the top springboard into Europe for retailers, new figures from CBRE have shown. But Hong Kong is global leader while Dubai and Doha show the Middle East remains key.
Fashion had a better week at John Lewis in the seven days to May 20 after the previous week’s dip as overall sales at the retail chain and its website rose just 1.1% to £76.3m but fashion sales rose 4.9%.
Pre-tax profit may have fallen at UK property firm Shaftesbury in the six months to March 31 but net profit rose 28% and it said its retail tenants saw strong sales as tourist spending helped central London “flourish”.
Liz Earle is leaving the brand she founded 22 years ago with friend Kim Buckland in order to focus on “new projects and partnerships” in the health and wellness arena, as well as on her Liz Earle Wellbeing magazine.