As the government seeks to boost the economy following the coronavirus crisis and the linked lockdowns, there have been suggestions that Sunday trading laws could be relaxed to allow large shops to open for longer.
Footfall to retail areas is beginning its long recovery journey and this bodes well for the June 15 reopening of those shops. Retail parks are benefiting and smaller local high streets are also seeing a boost.
As a huge number of retailers press forward with talks to cut their rents, a report has said that Primark has made some of its landlords sign gagging orders about the fact that it's continuing to pay its rent to them.
Kering’s eyewear business has announced a partnership with Chloé. Kering Eyewear will design, produce, and distribute eyewear for Chloé (Richemont), taking over from its previous partner Marchon Group.
Another UK e-tail report on Friday showed fashion sales low, despite the overall surge in online spending. But its authors think that once fashion starts to recover post-lockdown, e-tailers could be the big winners.
Space NK's reopenings could take some time and key stores in central London are likely to remain shut for the foreseeable future. Instead, reopening high street stores near upmarket residential areas will be the focus.
A clear sign of the changing approaches retailers are taking post-pandemic was seen Thursday as John Lewis said it's linking with health and life insurer Vitality to launch free virtual workshops focused on wellbeing.
Less than two years on from its CVA, New Look is in talks with its landlords again and has appointed property agents to help it negotiate rent deals based on turnover as it prepares to reopen its store estate this month.
Kering, one of the largest luxury groups on the planet, has made financial commitment to fight racism, with contributions to the NAACP and to Campaign Zero – following eight days of protests in multiple American cities.
The ‘Exclusive Live Shopping’ video service links up individual customers at their homes with shop assistants at the department store’s boulevard Haussmann branch; 120 brands are participating in the initiative.