News
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Jun- 2020 -30 June
Reopening is ‘no magic bullet’ for retail, says BRC
Reopening is “no magic bullet” for retail, the British Retail Consortium has warned despite UK footfall improving since lockdown restrictions were lifted earlier this month. The BRC’s footfall tracker found that UK footfall decreased 53.4% year-on-year during the second week of reopening in England and NI. This is compared to…
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29 June
Watches of Switzerland donates £100k to food banks
Watches of Switzerland and Mappin and Webb’s parent group, the Watches of Switzerland group, has donated £100,000 in emergency funds to UK food banks during the Covid-19 crisis. The group said it recognised an “urgent need” for food bank funding after these facilities faced soaring demands in light of the…
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29 June
Swatch Group reshuffles management team
Swatch Group has announced a reshuffle to its management team with appointments to the management of the Longines, Rado, Union, Tissot, Certina, and Hamilton watch brands. The company also announced changes to its executive group management board and its extended group management board. Swatch Group revealed all appointments are internal,…
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29 June
Guide for ‘considerate shopping’ launched by Usdaw, SRC and the Scottish government
Shopworkers union Usdaw and the Scottish Retail Consortium (SRC), along with the Scottish government have partnered to launch a five-step guide to encourage “considerate shopping”, as retailers are permitted to re-open their stores from today (29 June). The trade unions said the reopening of non-essential shops marks a “crucial time”…
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26 June
Merci Maman reports 30% growth in sales
Merci Maman has reported a surge in online sales in recent months, despite the ongoing effects of coronavirus. According to the personalised jewellery brand, its sales have “rocketed”, with a 25% increase in April and a 21% increase in May. In addition, the group is now on target to hit…
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26 June
‘Encouraging’ start to return of non-essential retail’, says Bira
The CEO of Bira, Andrew Goodacre, has welcomed the reopening of the hospitality industry, on July 4 in England, as it will further support members and the wider independent retail sector. In a new survey, Bira revealed more than one fifth (22.3%) of respondents enjoyed more than 100% better sales…
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26 June
Google UK launches support package for small UK businesses
Google UK has pledged to support small businesses across the country with a new package of products, tools and services to support the reopening and growth of British retail. From today, small businesses can sign-up to access the support package through Google, who has committed to helping one million small…
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26 June
Just 13.8% of retail rent collected on June quarter day
Landlords received just 13.8% of rent owed by the UK retailers on this quarter’s rent date, compared with the 19.8% collected in March, according to new data from Re-Leased. The cloud-based commercial property management platform said retail properties were the “worst performing group” compared with offices and the industrial sector,…
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25 June
Hot Diamonds outlines support for retailers
Hot Diamonds has outlined the ways it will support independent retailers as lockdown begins to ease in the UK. In order to boost its sell-through when stores reopen, it has launched a temporary 25% discount sale, and will contribute 15% towards lost margin to retailers that participate. The group has…
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25 June
The Goldsmiths’ Company addresses diversity
The Goldsmiths’ Company has announced that there is “no place for racism” in its company or charity, and has outlined the ways it will address diversity in the group going forward. It comes as the group said it is “committed to diversity, equity and inclusivity”, as stated in its company…
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