The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Shopper Numbers Jump 218% as England Reopens Economy

Masked shoppers queuing outside the Louis Vuitton store In London's Bond Street. Getty Images. (Barry Lewis)

Reuters

12 April 2021

The reopening of England’s shopping districts drew the crowds on Monday, with footfall across all UK retail destinations to 09:00 GMT jumping 218 percent on last week, Springboard data showed.

Springboard said UK footfall to shopping centres had risen by 340 percent. With infection numbers falling in Britain, English shops, hairdressers, gyms and pub gardens reopened early on Monday.

By Kate Holton; Editor: Guy Faulconbridge

In This Article

Topics

Retail

Brands Owed Millions After Matchesfashion Collapse

Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.

US Sues to Block $8.5 Billion Union of Coach, Michael Kors

Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.

Op-Ed | How Long Can Adidas Surf the ‘Terrace’ Trend?

As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.

How Rent the Runway Came Back From the Brink

The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.