Joules seems happy with its progress in the year to the end of May, despite the pandemic. It saw continued strong digital momentum and said that since reopening in April, store sales have been ahead of expectations.
Gardens are the new black and now Selfridges has launched garden centres at several stores. They’re not just any old garden centres as it’s bringing a Selfridges-style and fashion-focused twist to the category.
Global mall giant Unibail-Rodamco-Westfield (URW) wants to become a more customer-focused organisation. So the Wesfield owner has appointed Caroline Puechoultres as its new chief customer officer, effective immediately.
An ambitious plan to transform Oxford Circus into pedestrian-friendly piazzas has been announced with an international design competition kicking off to decide just how the key shopping area will look for decades ahead.
H&M Group’s net sales rose as much as 75% in local currencies during Q2 (the March to May period), although given the strengthening Swedish Krona, its revenues translated into ‘only’ a 62% rise on a total basis.
Boohoo’s trading update on Tuesday showed that the pureplay e-tailer continued to prosper in Q1, even after UK physical stores reopened in April, although there were challenges in some markets and margins were squeezed.
Ted Baker’s twice-delayed full-year results looked grim on Monday as the fashion retailer announced a 44%+ drop in revenue and a pre-tax loss that widened by almost 39%. But its CEO was upbeat about its prospects.
Online sales in the UK fell 9.1% year-on-year last month, although this was against a 61% increase in May 2020. And even with the fall, spend remain strong with sales volumes rising 46% compared to May 2019.
The Debenhams physical store chain may be history in the UK, but one part of the business is continuing as a physical entity with its Danish Magasin du Nord operation sold to Peek & Cloppenburg for an undisclosed sum.
As they work to drive shopper traffic back to London’s West End, the New West End Company, local authority Westminster City Council and landlord Crown Estate have announced the launch of a pop-up programme.
M&S has delivered a bleak full-year earnings report, although the bad news was far from unexpected. In year to April 3 — which included three lockdowns during which its clothing departments were shut — sales plummeted.