Outlet centre giant McArthurGlen saw sales rising fast in the last year as tourists from outside of Europe and price-conscious locals bought into its offer while higher-end new brands signed up to its malls
UK retail continued to confuse in October with falls and rises by volume and value, the ONS said. Fashion struggled, although online sales continued to rise but belt-tightening meant more second-hand sales.
London’s West End has continued to see major brand investment this year despite the volatile UK economy and shaky footfall in the Greater London area generally. 2017 store debuts have already beaten last year's total.
Underwear-to-active brand Björn Borg said that sales and operating profit both rose in the latest quarter to the end of September as the firm ramped up its PR efforts and they've paid off with a boost from Lady Gaga.
October was clearly a tough time for Ted Baker but the business, which is one of the UK's most successful fashion retailers, overcame the challenges with an e-tail surge and continuing wholesale strength.
Rebecca Minkoff has launched a new line of #alwayson handbags that contain a QR code for personalized product recommendations, promotions and video content, as part of the growing retail trend of the Internet of Things.
The former Mattel and Walt Disney Company executive will assume the role of Skechers CFO in the next few weeks. He succeeds David Weinberg, who has served as Skechers CFO since 1993, and currently serves as COO.