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2020 UK retail sales hit 25-year low, even after a stronger Christmas

2020 UK retail sales hit 25-year low, even after a stronger Christmas

We all know retail was a disaster last year. But just how bad was it, given that e-commerce performed well? The worst in 25 years, according to The British Retail Consortium (BRC) and KMPG. 
Fashion
Ever-more-casual Boss brand names Chris Hemsworth global ambassador

Ever-more-casual Boss brand names Chris Hemsworth global ambassador

​Hugo Boss has announced Australian actor Chris Hemsworth, best known for his role as Thor, as the first Hollywood star to be appointed as global brand ambassador for its Boss brand. 
Fashion
Very Group powers ahead in festive season as star brand outperforms

Very Group powers ahead in festive season as star brand outperforms

E-tailer Very Group has reported a buoyant set of figures for its festive period with the seven weeks to Christmas seeing group revenue up 15.3% year-on-year. It surpassed £500 million for the period for the first time.
Fashion
December spending drops, fashion struggles but increases online - Barclaycard

December spending drops, fashion struggles but increases online - Barclaycard

​Consumer spending fell 2.3% year-on-year in December as areas moving into higher tiers, and reimposed lockdowns, dented the kind of activity usually seen in the festive season. But online was a bright spot.
Fashion
Hut Group sales surge again in Q4, adds more beauty deals to Ingenuity offer

Hut Group sales surge again in Q4, adds more beauty deals to Ingenuity offer

The Hut Group continued to outperform in the fourth quarter with the company saying on Tuesday that it saw revenue growth of 51% year-on-year, much better than the range of 40% to 45% that it had predicted earlier.
Luxury
Retail parks performances lift ​British Land's “resilient” Christmas trading period

Retail parks performances lift ​British Land's “resilient” Christmas trading period

We know it’s been a wildly unpredictable retail rollercoaster ride during a Covid Christmas trading period. So, as a bellwether of UK commercial property, how has British Land performed since its last update in November?
Fashion
UK footfall declines but drop is lowest in high-infection areas - Springboard

UK footfall declines but drop is lowest in high-infection areas - Springboard

It’s no surprise that UK footfall has fallen as England’s third lockdown kicks in. But it’s perhaps more shocking that the smallest fall is in London and the South East where Covid infection rates are highest.
Fashion
U.S. is second cheapest market for beauty products, says study

U.S. is second cheapest market for beauty products, says study

According to a report published by cosmetics price comparison platform Cosmetify, the U.S. is one of the most affordable markets in which to buy beauty products, coming in second only to Canada.
Beauty
No relief for stores as Wales lockdown is extended, showrooms now included

No relief for stores as Wales lockdown is extended, showrooms now included

As expected, lockdown restrictions have been extended in Wales for a further three weeks from January 8 in a bid to stem the spread of the new coronavirus variant.
Fashion
Calls for retail support after more woeful December trading figures, London hit hard

Calls for retail support after more woeful December trading figures, London hit hard

The plight of physical retail in the UK continues to be seen through yet more downbeat trading numbers that have led to further calls for more financial support from central government.
Fashion
Asos to add 2,000 jobs with £90m new UK warehouse

Asos to add 2,000 jobs with £90m new UK warehouse

​Online retailers have boomed during the pandemic and that means warehouse expansion has been significant. The latest name to announce new capacity is Asos that plans to invest £90m in radically expanding its UK space.
Fashion
URW board and structural changes aim to create more agile group

URW board and structural changes aim to create more agile group

Malls giant Unibail-Rodamco-Westfield has made big changes to its structure with a larger management board and a new group organisation “to bolster its agility in responding to challenges and prepare for the future”.
Fashion
UK fashion retail sales struggled in December, online also faltered

UK fashion retail sales struggled in December, online also faltered

December may have been all about on-off lockdowns or semi-lockdowns in the UK but a key sales tracker on Friday showed that online sales didn’t do as well as they might have done in those circumstances.
Fashion
M&S fashion ops have tough Christmas but online booms

M&S fashion ops have tough Christmas but online booms

Lockdowns during Q3 dented M&S's fashion and interiors sales and its progress in reshaping its offered "was concealed by the continuing restrictions and demand distortions".
Fashion
Clarins names Virginie Courtin-Clarins deputy CEO, head of CSR; announces new CSR goals

Clarins names Virginie Courtin-Clarins deputy CEO, head of CSR; announces new CSR goals

By 2025, Clarins said it aims to reduce its carbon footprint by 30% and become 100% plastic neutral, among other goals. 
Beauty
Boots struggles in Q1, despite surging e-sales and higher beauty market share

Boots struggles in Q1, despite surging e-sales and higher beauty market share

​Boots has been a drain on its parent company Walgreens Boots Alliance for a while and although WBA said on Thursday that the group’s Q1 trading was better than expected, the UK operation continued to struggle.
Beauty