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Articles about London

Marks & Spencer reveals plans for £200m Thames port Monday, 10th June 2013

Marks & Spencer reveals plans for £200m Thames port
Photo credit: Marks & Spencer plc

Marks & Spencer on Monday revealed it is set to invest £200 million in a distribution centre at a new deep-sea container port in east London. The new 900,000 sq ft centre will be located at DP World’s London Gateway port on the Thames, near Stanford-Le-Hope. M&S said the centre will handle millions of products directly from ships, removing millions of road miles and enabling better access to key British cities for the retailer.

Posted by Ava Szajna

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Berluti opens first London Maison Thursday, 6th June 2013

Berluti opens first London Maison
Photo credit: Berluti

Berluti, the brand owned by LVMH Moët Hennessy Louis Vuitton, has expanded its store in London’s Conduit Street to three-floors, and will stock the label’s ready-to-wear collection, as well as leather goods, shoes, and handle bespoke appointments. The site has been the home of a Berluti shoe shop for 15 years, but now the brand ran by LVMH chief executive officer Antoine Arnault will expand the outlet to create a lavish three-floor men’s club experience.

Posted by Joe Stearn

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Marc by Marc Jacobs appoints Luella Bartley and Katie Hillier as directors Friday, 31st May 2013

Marc by Marc Jacobs appoints Luella Bartley and Katie Hillier as directors
Photo credit: Marc Jacobs

Marc by Marc Jacobs makes two new appointments. Perhaps it’s a touch of British eccentricity that Marc Jacob’s sister line Marc by Marc Jacobs is missing, as the US label appoints two London-based designers to head up the young fashion label. Accessories designer Katie Hillier will oversee Marc by Marc Jacob’s women’s collections as creative director, while Luella Bartley is set to head up the brand’s ready-to-wear lines as design director.

Posted by Ava Szajna

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Benefit Cosmetics to open Carnaby Street Boutique Thursday, 30th May 2013

Benefit Cosmetics to open Carnaby Street Boutique
Photo credit: Benefit Cosmetics UK

Benefit Cosmetics has announced the launch of the Benefit Boutique on London’s Carnaby Street this Autumn. Known for its vintage Hollywood-style makeovers and retro branding, Benefit’s new boutique will feature all of the company’s latest products. Shoppers will also be able to indulge in a range of treatments, including manicures, all-new blow drys, brow services, body waxing and spray tanning.

Posted by Ava Szajna

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Russian retail giant Lenta linked to London listing Tuesday, 28th May 2013

Russian retail giant Lenta linked to London listing
Photo credit: Lenta

Leading Russian hypermarket Lenta is rumoured to be considering a London listing in a deal that could raise around USD 1.5 billion. Sky News City Editor Mark Kleinman on Tuesday reported Lenta had begun preparing for a listing of Global Depositary Receipts in London, and is set to meet with investment banks in London this week to work on the listing.

Posted by Ava Szajna

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French Connection European trading comes in flat Wednesday, 15th May 2013

French Connection European trading comes in flat
Photo credit: My Retail Media

Fashion retailer French Connection on Wednesday reported trading at its UK/Europe retail business was broadly flat on a like-for-like basis for the first 15 weeks of trading. French Connection said it saw a strong performance in the early weeks of the year, which softened in March but has improved again recently, in line with the same trend seen in the market as a whole.

Posted by Ava Szajna

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LK Bennett plots store openings in China Monday, 13th May 2013

LK Bennett plots store openings in China
Photo credit: LK Bennett

LK Bennett becomes the latest luxury retailer to open its stores to the Chinese market. The news comes after a spokesman told the Mail On Sunday that a deal with China is ‘looking very close’ and could be signed as early as the summer. Financial reports show that profits before finance charges had rose 37 per cent to GBP 11 million for the financial year.

Posted by Joe Stearn

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Hong Kong continues to demand world’s priciest retail rates Monday, 13th May 2013

Hong Kong continues to demand world’s priciest retail rates

Hong Kong held its place as having the world’s highest rent for prime retail properties in the first quarter, demanding almost 50 per cent more than property in comparable locations worldwide. According to a report by CBRE Group Inc., rents in Hong Kong were more than four times those in similar locations for London and Paris, with annual retail rent in high-end shopping areas in the Chinese metropolis averaging at USD 4,328 per square foot.

Posted by Ava Szajna

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Investors still have soft spot for London Wednesday, 1st May 2013

Investors still have soft spot for London
Photo credit: My Retail Media

London remained a favourite with investors in 2012 with more money channeled into shops and offices in the capital than the rest of Britain combined last year. A report by property consultancy DTZ on Wednesday reported some £16.1 billion was invested in central London in 2012 versus £10.9 billion a year before and total of £32 billion for the country as a whole.

Posted by Ava Szajna

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Miss Selfridge makes Beirut debut Thursday, 18th April 2013

Miss Selfridge makes Beirut debut
Photo credit: Miss Selfridge

Arcadia’s Miss Selfridge this week announced the opening of its first store in Lebanon, in Beirut’s city centre. Having launched on Saturday 13 April, Miss Selfridge’s first store in the region runs across 180 square metres, and features a bespoke edit of the brand’s dresses, accessories and footwear.

Posted by Ava Szajna

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