The ongoing bid to revitalise one of London’s key shopping areas — Oxford Street — has received strong support from a major global retailer.

The German designer is targeting a 2023 revenue of €225 million driven by global retail growth, aiming to broaden his reach via the Plein Sport premium sportswear brand, a golfing line and a first luxury hotel in Milan.

Lifestyle retailer Parasol is opening a new bigger store within the Cheshire/Greater Manchester area in October. After outgrowing its previous store last year, it said it's found the “perfect location” on George Street. 

Rimowa rocked up in New York this week with an exhibition entitled Seit 1898, a cleverly staged expression about arty durability and brand burnishing. 

Youth unemployment is at a record high and growth is faltering — but China’s gloomy economic backdrop hasn’t stopped Gen Z from shelling out for travel and leisure.

​With MPs debating the ‘tourist tax’ on Thursday, new data released by the London-focused New West End Company showed that the absence of tax-free shopping has negatively impacted the majority of West End businesses.

In a boost to Oxford Street, London’s revival, leisure experience developer Pocket Planet is promising to attract one million visitors to the key London shopping destination.

​The campaign to repeal the ‘tourist tax’ — to bring back Vat-free shopping for tourists — is continuing, with a report claiming Britain is losing out on hundreds of millions of pounds spent by Chinese shoppers.

The final UK public holiday before the big return to school proved a boost for retail footfall, new figures show, with day trips to coastal and historic towns proving the biggest attractions.

Major Asian distributor Bluebell Group has announced the appointment of Sharmila Murat and Emmanuel de Place, as group chief commercial officer, and president and CEO of Bluebell Korea, respectively. 

The John Lewis Partnership has begun a major recruitment drive to find more than 10,000 temporary staff across the UK. This will include 8,400 additional seasonal roles for this Christmas.

London’s key shopping location, Oxford Street, is seeing additional retail funding to help continue with its revitalisation. Up to £100 million is expected to be invested in the key shopping street by year end.

​Luxury department store Harrods has released its results for the year to the end of January 2023 with the figures highlighting its bounce-back post-pandemic. 

China has lifted a ban on group tours to a slew of countries including the US, UK, Australia, South Korea and Japan, in a big test of demand for overseas travel from what was once the world’s biggest source of tourists

Duty-free retailer Dufry lifted its full-year profitability target after posting forecast-beating results for the first half thanks to a post-pandemic global travel boom

Digital department store Freemans has issued a call for third-party brands to get in touch and has launched its Brand Studio “to highlight the extensive range of third-party brands available across fashion and beauty”.