Latest Articles in Retail

Clothing markets and stalls among fastest-growing industries

As British consumers navigate their Christmas shopping lists this season, new data suggests a shift in clothing retail dynamics across the UK's high streets. Analysis by payment solutions provider SumUp, drawing on Office for National Statistics data, reveals an unexpected transformation in consumer shopping patterns over the past five years....

Retail

Industry insiders give their reaction to latest ONS figures

British clothing and footwear retailers suffered their sharpest year-on-year decline since January 2022, with sales falling 2.6 per cent in November, marking the second consecutive monthly decrease. The Office for National Statistics' (ONS) latest retail monitor, which concluded on November 23, captured only a partial picture of consumer...

Retail

UK retail sales marginally rise in November as consumers hold back spending

New figures from the Office for National Statistics (ONS) have shown a marginal rise in retail sales volumes for the month of November, a slight increase that was offset by consumers waiting for discount periods in the following month. According to the data, sales were estimated to have risen by 0.2 percent, following a fall of 0.7 percent in...

Retail|Beauty

Boots reveal biggest beauty trends of 2024

K-beauty, blusher, hyaluronic acid and bespoke haircare are among the most in-demand products across beauty and wellness in 2024, according to British retailer Boots. As the UK’s leading health and beauty retailer, Boots stocks more than 600 healthcare brands and over 500 beauty brands, and it has analysed search and sales data from across the...

Retail

Real Essentials opens its first store in Sawgrass Mills, Florida

Apparel basics brand Real Essentials has opened its first-ever retail store in Sunrise, Florida, at the Sawgrass Mills. Officially opening its doors to the public on December 15, the debut store from the Amazon-favorite brand features a curated selection of men's, women's, and children's apparel. To celebrate the launch of its debut store, all...

Retail

True Classic expands its presence to 460 Target stores nation wide

Men’s direct-to-consumer apparel brand, True Classic, has expanded its retail presence to 460 Target stores nationwide. Starting from mid-December, shoppers can purchase True Classic's popular Classic Crew in five colors, available individually or as part of an exclusive customizable bundle at Target locations. As part of its broader strategy to...

Retail

Aspen One announces reband for its apparel line and mountain experience, Eleven12

Aspen One, the parent company of Aspen Skiing Company's mountain operations, Aspen X retail experiences, and Aspen Hospitality's ventures, has rebranded its AspenX fashion collection and mountain experience, Beach Club. The rebrand, officially debuting on December 17, sees Aspen One elevate both brands while taking a closer look at their...

Retail

Perfect Moment opens first seasonal European store in the Alps

Skiwear brand Perfect Moment is continuing on its retail expansion, this time with the opening of its first seasonal store in Europe. The new location is within the Alps ski resort, Kitzbühel, in Tirol, Austria, where special in-store events will aptly tie into the surroundings. The store itself will house select items from the company’s...

Retail

Urban Outfitters and Gymshark among retailers accused of hiring festive workers without basic rights

A new report has accused a number of UK retailers of hiring young “freelance” employees via hiring apps that leave them without basic employment rights. According to The Observer, Urban Outfitters, Gymshark and Uniqlo are understood to be among those carrying out such practices as they fill out staff in preparation for the festive season. Such...

Retail

Landsec secures 92 percent stake in Liverpool One

Real estate firm Landsec has announced the acquisition of a 92 percent stake in UK shopping centre Liverpool One, for an overall consideration of 490 million pounds. The stake was snapped up from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), which previously held a 69 percent stake, and property group Grosvenor, which...

Retail

Shopping malls see comeback in pre-holiday surge

U.S. shopping mall foot traffic delivered a robust performance in November, signalling a potential renaissance for brick-and-mortar retail that could extend into the December shopping season, according to the latest industry data. The revival is particularly noteworthy for indoor shopping centres, which registered a 6.4 percent year-over-year...

Retail

Windsor opens 'The Dress Shop' in its NYC flagship store

Occasionwear retailer Windsor has opened a new dedicated space known as ‘The Dress Shop’ in its flagship store in New York City, with the aim of redefining the way customers shop for dresses for special occasions. An expansion of Windsor’s commitment to offering a seamless dress shopping experience, ‘The Dress Shop’ features a curated selection...