Grace Whelan's stories
The retail industry has called for the chancellor to urgently review business rates to maintain the UK’s competitive position in the international market, as vacancy rates hit a four-year high and a no-deal Brexit looms on the horizon.
Reducing the environmental impact of fast fashion relies on the “emotional longevity” of garments to consumers, the first evidence hearing of the Sustainability of the Fashion Industry inquiry has found.
As landlords ready themselves for restructurings at Debenhams and Arcadia Group, retailers fear that already struggling high streets will become “ghost towns” if they make widespread store closures.
£168m expansion for Intu LakesideSubscription
Intu plans to give its Lakeside shopping centre a £168m facelift, adding around 40,000 sq ft of retail space.
£4m investment for activewear brand VarleySubscription
Activewear brand Varley has secured $5m (£3.9m) investment to drive new growth through expanded distribution, new product ranges and expansion into new markets across Asia.
Slashing rents and closing stores are “merely sticking plasters on much deeper wounds”, a new retail report from Knight Frank has found. Instead, the industry must take a collective approach in addressing 10 structural changes to be able to make progress.
100,000 business rates appeals lodgedSubscription
English councils are expected to collect £25bn in business rates this year, despite more than 100,000 English businesses appealing their rates since the April 2017 revaluation.
45 years of fashion: inside Devon's Maggie & CoSubscription
Torquay-based premium womenswear independent Maggie & Co is celebrating its 45th anniversary.
50 more towns join high street fund shortlistSubscription
An additional 50 towns will benefit from the Future High Streets Fund, as the government increases the financial aid from £675m to £1bn.
66°North appoints Net-a-Porter MDSubscription
66°North has hired Net-a-Porter managing director, Matthew Woolsey, as its global president.