Footasylum: New flagship Oxford Street store helps profit more than double Retail Pre-tax profit more than doubled at footwear and sportswear retailer Footasylum during its latest financial year. The Greater Manchester-headquartered company has reported a profit of £6m for the year to 27 January, 2024 , up from the £2.8m it posted for the prior 12 months. During the year Footasylum opened a flagship 20,000 sq ft Oxford Street [...]
Ted Baker seller in the red as jobs cut and stores closed amid focus switch to Suit Direct Retail A group which sells Ted Baker clothes across the UK slumped into the red as it significantly restructured itself to focus on its Suit Direct brand. As part of the move, Baird Group disposed of its license to sell Ben Sherman clothes, closed unprofitable stores, cut more than 100 jobs and appointed a new chief [...]
Wingstop: How a fast food chain targeted at Gen Z is transforming London’s hospitality scene hospitality Owners of a fast food chain targeted at social media obsessed Gen Z, have said they plan to open up to 100 stores over the next five years, in a boost for Britain's ailing hospitality market
Sports Direct ramps up London presence as Mike Ashley’s Frasers backs physical retail April 8, 2024 Frasers Group plans to open two Sports Direct stores in both London Westfield shopping centres, as the retail behemoth continues to back physical retail
Gymbox releases ‘toxin-purging’ Lymphomania self-massage classes March 5, 2024 Fitness chain Gymbox has launched ‘Lymphomania’ – a self-massage class focused on lymphatic health through mindful movement and touch.
The Body Shop: Full list of stores to close as almost 500 jobs cut February 29, 2024 The locations of The Body Shop stores which are to close following the brand's collapse into administration have been revealed.
Miniso: The New York-listed Chinese retailer looking to take London high streets by storm February 26, 2024 Shein was first - but it isn't the last Chinese operation coming for London
Primark: Oxford Street and Stratford stores to be transformed in £100m UK revamp February 8, 2024 Primark is investing £100m into stores this year, with its sites in Oxford Street and Stratford set for a revamp. The budget retailer said 700 new jobs will be created in 2024 as a result of new stores and extensions. Its Westfield Stratford store will almost double in size to more than 81,000sq. ft to [...]
Westfield’s bailed on San Francisco, but it won’t in London, say experts June 20, 2023 Westfield will hand back the keys to its flagship San Francisco mall following nearly two decades of ownership after it was battered by crime and the exit of its 350,000 ft flagship Nordstrom site. In recent years, the shopping centre’s occupancy level plummeted dramatically to around 55 per cent, with a host of household-name retailers [...]
Best of 2022: Sir Craig Reedie lifts the lid on how London 2012 Olympics was delivered December 23, 2022 In this interview from July 2022, Sir Craig Reedie, one of the architects of the London 2012 Olympics and one of Britain’s most influential sports administrators, looks back on the Games 10 years on. If you lived through the London 2012 Olympics then you will probably remember where you were for its most spectacular or [...]