E-tail may be generally stronger than physical stores on the sales and profits front, but in the festive period, bricks and mortar chains have beaten their pureplay rivals on one key measure - social media engagement.
The former CEO of M&S and Arcadia has issued a stark prediction for the health of the UK retail sector with Lord Rose saying in an ITV interview that Christmas trading is tough and he expects more failures next year.
Fast Retailing is taking steps to become more transparent by publishing a list of Uniqlo and GU’s core fabric mills and factories. In total, the documents feature almost 300 mills and sewing factories.
A report has suggested Arcadia is looking to close around a third of its 500 leased UK stores, joining the wave of UK retailers trying to downsize their store estate as online shopping continues to soar.
British fashion billionaire Philip Green was named by a member of the House of Lords on Thursday as the businessman who used an injunction to suppress the publication of sexual harassment allegations by five employees.