Retail news

• Etailers battle to win ‘Amazon of South Korea’ crown

  01-01-2019 23:00 via ft.com
  Many ecommerce groups are finding the market tough to crack despite rising revenues
  
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• City braced for bad news over Christmas retail figures

  01-01-2019 18:18
  Next’s figures will be released on Thursday and could be down 13% on last yearThe City is bracing itself, to discover just how brutal Christmas 2018 was for the UK high street, with a string of crucial announcements threatening to add to retailing’s woes.The key period comes as panic mounts within the sector after the Sports Direct tycoon Mike Ashley said last month that trading was so bad for many chains it “will literally smash them to pieces”. Music and film retailer H
  
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• New highs, old lows – things to watch out for in 2019

  01-01-2019 17:32
  We are trying to be positive, but there’s little likely to put a smile on your face – except for a couple of things …Making predictions in the world of business and economics is a fool’s errand but that’s no reason not to have a crack at it. Here are some things to look out for in 2019, which could be a rollercoaster ride.What's the problem? Continue reading...
  
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• Topshop's decline marks the end of the high street's golden age

  01-01-2019 14:41
  The chain that democratised British fashion has lost out to Instagram and online retailers2018 was not a vintage year for fashion. Crisis-hit House of Fraser and an embattled Marks & Spencer made the headlines, as did a rising tally of planned store closures, and accompanying job losses, deemed necessary in a turnaround plan for New Look. The Orla Kiely brand, famed for its geometric prints, went into liquidation in September, while Dolce & Gabbana ends the year under serious pressure, h
  
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