Upscale Australian department store chain David Jones saw A$712 million being slashed from its value on Thursday as South African owner Woolworths booked an impairment charge linked to the underperforming business
McArthurGlen has confirmed the next step in the expansion of Ashford Designer Outlet, which will add an extra 100,000 sq ft with up to 50 new retail spaces to the premium and luxury shopping destination.
Meadowhall has announced its plans to build a £300 million leisure hall extension have been approved. The 330,000 sq ft development will feature dining and entertaining options, a new cinema, a café court and a gym.
Changes continue at Brent Cross with Zara, JD Sports and Fraser Hart choosing to expand their presence at the London shopping centre following a recent upsize by Pandora and new Urban Decay and Smiggle stores.
UK fashion retailer All Saints has seen a fourth successive year of growth with sales in the year to January 30 up 9% to £252.5m from £231.3m. It saw UK sales up 7.4% to £144.3m and international sales up 12% to £108.2m.