Primark continues to see impressive growth as its store openings widen its reach, dollar exchange rates begin to work in its favour, its Italian debut is declared a success and it expects higher profits.
Jacadi is to close its five UK stores by the end of next month after a dispute with its franchisee, according to reports, and the UK firm has launched a breach of contract suit in the Lille Commercial Court.
The collapse of its merger deal with Intu may have been a shock to Hammerson’s system but the malls giant is hitting back with a review of its strategy on which consultant McKinsey is working, a newspaper said Monday.
The mega-sized Brent Cross mall upgrade is being delayed with work that had been due to start next month now expected to begin only in January, it emerged this week, so the opening date won't be until 2023
Westfield London is hoping its £600m expansion will attract a record number of visitors this summer as it continues its latest phase of openings. Visitors from China and the Middle East are expected to boost sales.