Sales to global shoppers are continuing to grow in London but while its status as the key destination is undiminished, it has lost share to Birmingham and Manchester this year, says tax-free payments specialist Planet.
Emerging designers like Grace Wales Bonner and established fashion brands including Erdem, Mary Katrantzou and Sophia Webster will have their designs showcased in a pop-up up store at Bicester Village this October.
Just a day after Hammerson and APG said they’re taking full control of Via Outlets, comes news that the UK mall operator may be mulling the sale of its £1.9 billion stake in Value Retail, the Bicester Village owner.
Michael Kors has introduced a new store concept on London’s high-end Old Bond Street inside an imposing six-floor Georgian townhouse. The interior design takes cues from the designer's homes in New York City and Florida.