May offered up a mixed picture for UK retail with footfall still down, but the decline slowing. Retail parks were buoyant but shopping centres suffering disproportionately, which is bad news for the fashion sector.
The unexpected death of fashion designer Kate Spade on Tuesday has shoppers rushing to buy her brightly coloured handbags, raising prices of used merchandise several times over, second-hand online retailers said.
The value brand said this has been the fastest rollout in retail history. The company wants to be one of the largest clothing retailers in the UK by sales volume and become a £100m annual turnover business.
Coal Drops Yard is continuing to illustrate its credentials as a magnet for quirky, independent fashion brands with the latest announcement of new tenants coming Friday. Beija London and Emin & Paul have both signed up.
The shock of the planned House of Fraser closures has been followed up by intense speculation with analysts debating the chances of the firm’s CVA being approved by its creditors, as well as HoF’s long-term prospects.
The Swiss watchmaker has announced the launch of its digital boutique. The service, designed to complement the brand’s in-store experience, will first be offered in the United States before being rolled out worldwide.
Patagonia's newest activation for its refurbished clothing and gear program, Worn Wear, offers free repairs of any brand of wetsuit to encourage reduced consumption of new products and reuse of functional goods.