Just how major the changes have been on Britain's high streets after two years of lockdowns and trading restrictions can be seen in a new report, with department stores and fashion retail hit the hardest.
Carnaby is a major year-round draw for London visitors and shoppers, but it takes on an added significance during its renowned Christmas installations. And this year's lights celebrate moments from the past 25 years.
At last, some much-needed good news for UK retailers. Footfall rose 5.4% week-on-week across all UK retail destinations in the seven days to 3 December, said Springboard. Increases were seen across all key destinations.
Amazon, M&S and Adidas have emerged strongly from the newly-launched Retail Performance Index compiled by agency VCCP. It’s based on a survey of 3,000 consumers and looks at strength in “the buying moment”.
Oh My Cream is continuing its international rollout with a second London store. On the King’s Road, it follows the beauty retailer expanding outside of France for the first time last month with its Notting Hill debut.
Farfetch shares are more than a quarter down from where they were this time last week. And the reason? The company held a capital markets day Thursday and the cost of its ambitious plans didn’t please its investors.