UK fashion retail giant Next issued a Q2 trading update on Thursday and showed that its seemingly unstoppable progress is continuing. In the 13 weeks to 26 July, Next full-price sales rose 10.5% year on year. Next As usual, it also showed that earlier guidance was excessively cautious, the firm having predicted 6.5% growth with expectations…
Mass-market fashion retailer New Look has announced that it will “supercharge digital growth” on the back of a £30 million investment from its shareholders. New Look The money will be spent on its data, AI and e-commerce platforms “to enhance [the] seamless, personalised shopping experience for its 10 million customers” and it aims to double…
Unibail-Rodamco-Westfield (URW) has announced the integration of its UK, Netherlands, Denmark and Sweden operations into a single and expanded Northern Europe region led by Vincent Jean-Pierre as COO. Westfield London The company said the move reinforces its position “as a top city player focused on the best markets in Europe and the US”. The newly…