Debenhams will exit the UK high street for good on May 15 as the administrators close its remaining stores. The closures will end more than 200 years in which the company has been a major name in UK retail.
Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.
Making retail an experience to remember is one way to attract consumers. So London’s Covent Garden welcomes the first Experimental Perfume Club (EPC) offering an "educational and experiential" approach to perfumery.
Fenwick has a new non-executive chairman. Simon Calver has been appointed to help steer the family-owned UK department store chain through a series of sweeping changes, specifically its e-tail operations.
Aspinal of London has filed its accounts for the year to the end of March 2020 and they show how tough the climate was becoming even pre-pandemic. But it also said 2021 is a key year as it heads towards profitability.