Retail news

• Boris Johnson gives struggling high street fund pre-election boost

  26-08-2019 19:16
  Pot to help UK towns revitalise their centres increased to £1bn after criticism from MPsThe government has increased the pot of cash available to struggling high streets to £1bn, a move that promises to pump extra money into 100 towns including Blackpool, Scarborough and Clacton.Last year the then chancellor, Philip Hammond, announced a £675m fund as part of a wider package of measures designed to tackle the high street crisis that has left one in 10 shops in UK town centres ly
  
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• Swatch Group/Richemont: watch strapped

  26-08-2019 15:27 via ft.com
  It’s a sign of the times that sales are being squeezed
  
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• Struggling high streets fund increased to £1bn

  26-08-2019 15:00
  Announcement of extra £325m follows criticism pot is not enough to meet scale of crisisThe government has increased the fund available to struggling high streets to £1bn, a move that will pump cash into 100 English towns including Blackpool, Scarborough and Clacton.Last year the then chancellor, Philip Hammond, announced the £675mfund as part of a wider package of measures designed to tackle the high street crisis in which one in 10 shops in UK town centreslie empty. On Monday
  
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• Data and the dress: what Christopher Wylie can teach fashion

  26-08-2019 07:00
  Big data can help high street retailers maximise profits, but it also has the potential to improve sustainability. Should the consumer be worried about how their information is being used?There is plenty for the modern fashion lover to be concerned about. As if trying to juggle your finances with choosing responsibly made clothes wasn’t tricky enough, a new ethical threat looms over the industry: data privacy.In the age of fast fashion – where online retailers such as Boohoo and Miss
  
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