UK shopper footfall delivered a mix of bad news and not quite so bad for February. The monthly report from the BRC/Springboard on Monday showed a 0.5% decline, which was better than the 1% drop seen this time last year.
Staff at luxury London department store Harrods are concerned that a new commission strategy could dent their take-home pay. Management is overhauling sales commissions and said rewards should be linked to performance.
There was a modest reduction in UK consumer spending last month, according to card payment specialist Visa. It said Monday that spending fell 1.1%, which followed a 1.2% reduction in January, but fashion dropped 1.6%.
High-end British department store Harvey Nichols will team up with online fashion retailer Farfetch to sell accessories and clothes through the platform as it looks to boost web sales, the companies said on Monday.
When the French outpost of Bulgari Hotels and Resorts opens in 2020, it will occupy a place on 30 avenue George V which forms one of the most exclusive and most expensive pieces of real estate in the city.
UK high street sales slid again in February and not even Valentine’s Day could rescue them. That’s the conclusion of the new high street sales tracker from BDO, which also showed low interest in fashion last month.