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UK launches pared-back job support scheme as Covid cases rise

UK launches pared-back job support scheme as Covid cases rise

UK finance minister Rishi Sunak on Thursday unveiled fresh plans to help the pandemic-hit economy with a jobs support scheme to help people employed on shorter hours, but warned he could not save every business or role.
Fashion
Icon Outlet outperforms as post-lockdown sales and footfall rise

Icon Outlet outperforms as post-lockdown sales and footfall rise

​UK retail seems to be recovering in a very uneven way with some destination types recovering faster than others and local high streets faring better than city centres. Outlet malls in particular seem to be doing well.
Fashion
India's Reliance Retail in 'talks' on Debenhams

India's Reliance Retail in 'talks' on Debenhams

​Ailing department store chain Debenhams is reportedly in the sights of India’s richest man, Reliance Retail's Mukesh Ambani. He’s among the parties that have approached the firm’s advisers.
Fashion
Consumers hold brands to account over pandemic actions - report

Consumers hold brands to account over pandemic actions - report

​The ethical behaviour of online brands during the pandemic is lingering in the memory of consumers and will have a lasting impact on customer loyalty in the UK and Ireland.
Fashion
Warpaint London sales and profits fall but outlook is brighter

Warpaint London sales and profits fall but outlook is brighter

​Beauty manufacturer and brand owner Warpaint London said on Wednesday that the first six months of the year saw its sales falling 29% to £13.5 million as a result of Covid-19 restrictions in the UK and internationally.
Beauty
Pure London and Shoptalk organiser Hyve makes more cost savings as revenue plunges

Pure London and Shoptalk organiser Hyve makes more cost savings as revenue plunges

​Tradeshows organiser Hyve Group said on Wednesday that it’s making further cost savings as it issued a trading update and said revenue was down but it remains resilient.
Fashion
Westfield owner takes Boots to court over rent non-payment

Westfield owner takes Boots to court over rent non-payment

The owner of Westfield Stratford City has taken high street chemist Boots to court after the company refused to pay rent at some of its locations.
Beauty
Unilever clears first hurdle in planned unification move

Unilever clears first hurdle in planned unification move

​Unilever NV shareholders have approved plans to end the Anglo-Dutch company's dual-headed corporate structure and form a London-based entity, which it says will make dealmaking simpler.
Beauty
Prestige fragrance recovers fastest in UK beauty says NPD

Prestige fragrance recovers fastest in UK beauty says NPD

​While skincare and make-up seem to regularly swap places as the most in-demand UK beauty category generally, it appears that for the prestige market, fragrance is leading the post-pandemic recovery.
Beauty
UK footfall stays weak, Central London still down more than half

UK footfall stays weak, Central London still down more than half

​Visitor traffic to retail destinations rose in the latest week, up 2.4% compared to the week before. But that wasn't the good news it might have been as the previous week had seen a footfall drop of 6.3%. 
Fashion
Asda sale imminent, two groups place bids around £6.5bn - report

Asda sale imminent, two groups place bids around £6.5bn - report

​The sale of UK supermarket chain Asda, which is also one of the UK’s biggest fashion sellers via its George label, could happen as soon as the end of this week.
Fashion
UK retail in shock as government to end tax-free shopping for non-EU tourists

UK retail in shock as government to end tax-free shopping for non-EU tourists

The UK government is being urged to reconsider its decision to almost completely opt out of tax-free shopping at the end of the year with retailers and the bodies that represent them saying it would be a catastrophe.
Fashion
Avon unveils new brand positioning

Avon unveils new brand positioning

The cosmetics brand has introduced a new strapline and brand positioning in a new campaign that invites people to reconsider their views of the company.
Beauty
'Local' London destinations almost back to full health but West End slumbers

'Local' London destinations almost back to full health but West End slumbers

​Footfall to London’s West End remain down by around half year-on-year even though visitor traffic to more ‘local’ London retail destinations is on its way to a full recovery.
Fashion
Regent Street landlord Crown Estate hangs on to cash to survive the pandemic

Regent Street landlord Crown Estate hangs on to cash to survive the pandemic

​The Crown Estate, like other major landlords, is aiming to conserve as much cash as it possibly can and has delayed the payment of its annual income to the Treasury in the face of a shortfall in rent payments.
Fashion
WFH drives UK skincare usage higher, dents make-up sales - report

WFH drives UK skincare usage higher, dents make-up sales - report

​Heightened hygiene and increased time at home are boosting the UK skincare sector with new research from Mintel showing that women's interest in facial skincare routines has risen this year.
Beauty