Westfield reported rising 2017 footfall at its UK centres but sales barely budged year-on-year as the market stayed tough for retailers and especially for the fashion brands that make up a huge chunk of mall tenants.
Sarah Manley, the single most important communications and marketing executive in British fashion, is leaving Burberry. She will resign from the company at the end of July after 17 years at the house.
Fashion retailers and department stores have had a tough time so far in February with the latest Confederation of British Industry (CBI) poll showing weak sales at stores, even though online continued to rise strongly.
Initial plans to open 20 Hudson’s Bay department stores in the Netherlands have been narrowed to 15. The retailer announced that it is currently focusing on stores that are in development and denies financial problems.