Skyscraper City Forum banner
1 - 20 of 29 Posts

·
Registered
Joined
·
18,919 Posts
Discussion Starter · #1 ·
http://www.myretailmedia.com/blog/1...nces_300m_oxford_street_flagship_makeover.php

Selfridges announces £300m Oxford Street flagship makeover

It’s already well-known for its luxury offering, traffic-stopping window displays and inimitable yellow branding, but soon Selfridges’ Oxford Street flagship will have a new claim to fame- as the ‘world’s largest and most comprehensive destination for accessories’.

The retailer has announced a £300 million makeover of its central London store, which will see its luxury handbag department double in size to cover 50,000 sq ft, as part of the biggest ever investment for a single project in a department store anywhere in the world.

Work is set to begin at the end of June, and is expected to take five years to complete. The news comes just a few months after Debenhams remodelled its Oxford Street flagship as part of its 200th birthday celebrations.
 

·
Moderator
South East Nine
Joined
·
39,956 Posts
Selfridges named world's best department store by its peers
Retail Week
9 May 2014

Selfridges has been voted the world’s best department store by its peers for the third consecutive time.

The premium department store retailer pipped competitors including Harrods, John Lewis and Macy’s to the top honour at the biennial Global Department Store Summit (GDSS), held in Singapore this week.

Selfridges had previously taken the accolade in 2012 and 2010 at the event organised by the Intercontinental Group of Department Stores (IGDS), the trade body for more than 30 of the world’s top department stores.

It is the first store to win the award three times in a row.

Selfridges’ managing director Anne Pitcher said: “We are thrilled that Selfridges has again been recognised as the best department store in the world.

“We have had a terrific couple of years since last winning, and it is a tribute to the commitment of our teams that we have been honoured with the award again this year.

“It gives us even greater impetus to continue to exceed our customers’ expectations and deliver to them an unique and extraordinary shopping experience.”

The GDSS summit in Singapore brought together more than 380 top executives and stakeholders involved with department stores across the globe.

As well as Selfridges it counts department stores from the US to China, Australia and South Africa among its members.
 

·
Moderator
South East Nine
Joined
·
39,956 Posts
London Continues To Attract Most International Retail Brands
CBRE
27 May 2014​
London is home to more international retail brands than any other city, in the world.

It continues to be a magnet to new market entrants with 31 new retailers entering the UK last year. Notable new retailers include J.Crew and luxury retailers Isabel Marant and Tom Ford who opened their first standalone stores. Other cities in the top ten include Beijing, Moscow, Shanghai, Frankfurt, Taipei and Singapore.

The 2014 report which tracks retailer’s movements in 2013, found that the overall footprint of global retailers at country level grew by 1.7%. Over half of retailers (51%) are now present in all three major global regions, The Americas, Europe Middle East and Africa (EMEA) and Asia Pacific, a slight increase on the previous year.

Paris is the world’s hottest global retail market attracting 50 new brands last year, while France is ranked as the leading country for new entrants, according to the latest edition of How Global is the Business of Retail by global property advisor CBRE.

Eric Eastman, Executive Director, Luxury Goods & International Retailers, CBRE said:

“London now attracts more international visitors that any other capital in the world. A flood of brand-hungry overseas shoppers, many from China, has swept into Central London. Space demand from luxury and international retailers has moved into hyperdrive as a result.

“There are simply too many global brands now for the traditional pitches in London to absorb them, which is why we are starting to see lettings to Dior and Chanel in Covent Garden and Philip Lim and Carven in Brompton Cross.”

Retailers focused on fewer and larger markets in 2013 with 19 of the top 20 target cities considered mature markets compared with only 14 in 2012 . Over 70% of the survey cities saw at least one new entrant throughout the year (compared with 81% the year before); however, the top 20 target markets saw a 30% rise in new entrants.

[continued in link]
 

·
Registered
Joined
·
1,089 Posts
I love how all the little side streets and laneways around Covent Garden and Seven Dials are now filled in with smart fashion boutiques. Floral St, Endell St, Shelton St, Shorts Gardens, Earlham St etc etc. When I lived in London in the 80's and 90's Covent Garden fashion retail was really just Long Acre, Neal St and a bit of Floral St.

A mate of mine had an American style jeans shop in Endell St called Interstate which has now closed but you would not really have ventured down any of those side streets back then.

It seems Soho is now getting the same kind of premium retail makeover, especially down the bottom of Brewer St and up to Beak St. I did my first proper development in Beak St in 89/90 with a small South London building company.I see Stone Island have a shop at the bottom of Brewer St now....

I love that area of Soho from the Piccadily end of Brewer St up to Broadwick St, east of Carnaby St and across to Wardour St. So much history and culture around that place....and that fantastic Soho cosmopolitan atmosphere never changes.
 

·
Registered
Joined
·
18,919 Posts
Discussion Starter · #5 ·
http://mediatel.co.uk/newsline/2014/06/26/tfl-and-amazon-to-install-lockers-at-underground-stations/

TfL and Amazon to install lockers at underground stations

Transport for London and and Amazon have this week announced a partnership to install depository boxes at London Underground station car parks.

'Amazon Lockers' will be located at two Tube station car parks - Finchley Central and Newbury Park - and customers will be able to have orders delivered to the Lockers from Monday 30 June.

Deliveries made to Amazon Lockers nationally have more than doubled in the last year with the number of locations now approaching 300.
 

·
Moderator
South East Nine
Joined
·
39,956 Posts
Ramadan rush: Mega-rich shoppers descend on London
Los Angeles Times
29 June 2014

Before the fast, let there be a shopping feast. From Harrods in Knightsbridge to the glittering diamond stores in Mayfair, London has long attracted big spenders.

But every year around the holy month of Ramadan, which starts this weekend, a wave of spectacularly rich Middle Eastern shoppers arrives and takes retail therapy to a whole new level — complete with an entourage of bodyguards, chauffeurs, and Gulf-registered Rolls-Royces and Ferraris flown in just for the occasion.

Retailers call the boost in business the Ramadan Rush: A hugely lucrative and fast-growing market driven by wealthy Arabs who travel to Britain to escape the desert heat and indulge in buying luxury gifts before flying home for a month of fasting and increased religious observance. Another surge takes place during the Eid holiday, which marks the end of Ramadan.

The spike in shoppers during the summer months has been so regular and noticeable on London's streets that some have jokingly dubbed the phenomenon the “Harrods Hajj,” after the traditional Islamic pilgrimage to the holy city of Mecca.

“London is the place in Europe where the Middle Eastern visitor shops the most. It is almost their second home,” said Gordon Clark, U.K. manager at Global Blue, the Switzerland-based retail research firm. The company estimates that pre-Ramadan sales last July jumped 60 percent compared with the previous year.

Although tourists from the oil-rich United Arab Emirates, Kuwait, Saudi Arabia and Qatar make up only a small percentage of total visits to Britain compared with those from the U.S. and Europe, they tend to be much more lavish spenders on average. Official figures show that Middle Eastern tourists ranked just 19th in terms of numbers of people last year, but came second in total spending — 888 million pounds ($1.5 billion).

The Kuwaitis are the biggest spenders, shelling out some 1,340 pounds ($2,275) per transaction last July, Clark said.

That corresponds with data from the London Luxury Quarter, a group that represents some of the highest-end businesses in central London. It said the average amount spent from Middle Eastern shoppers last year came just behind the Chinese, its top customers.

Unsurprisingly, the best sellers are exclusive designer handbags and shoes, watches and jewelry, though a Harrods spokeswoman said food gifts like luxury fruit baskets and extravagantly packaged dates and cocoa-dusted almonds also sell briskly.

Ramadan falls on the ninth month of the Islamic lunar calendar. Muslims around the world fast from dawn to sunset for a month, starting from Saturday.

The weeks surrounding the month offer retailers an opportunity they can't afford to miss, and many brands have responded to the trend by rolling out VIP services just for the period.

“We have been working with luxury retailers who offer exclusive products during pre-Ramadan,” said Myf Ryan, marketing director at west London's Westfield shopping center. “Dior has limited-edition exotic skin handbags, and Louis Vuitton and Burberry are offering private client services.”

The Westfield mall — one of Europe's largest — hopes to bring in record sales with the help of extra Arabic-speaking concierges and personal chauffeurs. For the really prolific shoppers, there is a “hands-free” service, which involves helpers who collect the shopping bags and help pack them in the car.

Other cosmopolitan cities, like Paris or Dubai, also see their share of pre-Ramadan shopping. But analysts say London has become the favorite destination.

Language is one reason — most of the shoppers can speak English. But that's just part of it.

“London has got the cultural aspects, the history, and it's a wonderfully inclusive city to visit,” Ryan said. “The temperature's comfortable. And because the Middle Eastern customer is so important, hotels and the tourism industry are also very adept at making them comfortable.”

All that may leave the average British or American shopper feeling a bit left out. But the Ramadan Rush does bring one direct benefit to the masses: Earlier sales. Many of Britain's department stores and fashion brands have been adjusting their summer sales schedule to make sure the high rollers get to shop new stock when they arrive.

“They're not interested in sales, because the stores are too busy,” Clark said. “It's not a good shopping experience for them.”
 

·
Registered
Joined
·
18,919 Posts
Discussion Starter · #7 ·
I understand Bond Street was included too.... too many recent and violent burglaries

http://www.bbc.co.uk/news/blogs-news-from-elsewhere-28870921

UAE map warns tourists to avoid London hotspots

Piccadilly and Oxford Circus are among the "places to avoid" in a new official safety map of London for tourists visiting from the United Arab Emirates.

The safety advice for the capital was published on the UAE foreign ministry website after attacks on UAE nationals in London, The National daily reports. Areas that the map classes as "more dangerous" include tourist hotspots such Soho and Oxford Street - where Selfridges, a well-known department store "which attracts many Emiratis" is located.

Further out from the centre, Shepherd's Bush market and Queensway are singled out as being "less safe". The foreign ministry warns of fraud, theft and pick-pocketing, and says its advice is based on information from the Metropolitan Police website.

Several UAE residents say they'll take the advice seriously. "You have to follow the guidelines from the government," says Mohammad Al Awadhi. Meanwhile, 29-year-old Mona Al Ali, thinks people from the Gulf may be targeted in particular. "They might not be too discreet with their jewellery when they travel and they wear nice clothes."

The warning comes after two incidents involving UAE nationals in London. In April, three women were attacked by a burglar with a hammer in Cumberland Hotel, near Marble Arch, and a couple were threatened with guns in a Paddington flat two weeks later.
 

·
Registered
Joined
·
18,919 Posts
Discussion Starter · #8 · (Edited)
Seems to be coming a weekly occurrence, One Hyde Park this time. Amazed how on mopeds can get away with it with all the traffic, Congestion Charge and CCTV etc

http://www.standard.co.uk/news/crim...-on-knightsbridge-rolex-boutique-9693658.html

Thieves armed with sledgehammers and an axe stole Rolex watches from a Knightsbridge store in a smash and grab raid this morning.

The gang of seven men, who were riding three mopeds and a motorbike, used their weapons to smash their way into the shop shortly after 10.25am.

The group threw smoke grenades inside the store in an attempt to conceal themselves and stole about ten watches from the shop's display cabinets, according to reports.
 

·
Registered
Joined
·
2,866 Posts


It is a world first for a department store that Mr Selfridge himself would surely have welcomed.

The 105-year-old Oxford Street emporium will tomorrow afternoon throw open the doors of its new in-house cinema to paying customers for its debut screening — Breakfast At Tiffany’s.
http://www.standard.co.uk/news/lond...pens-doors-of-new-inhouse-cinema-9710426.html

Harrods is tacky and ghastly, the statue of Dodi and Diana is blingy and terrible, Selfridges is tons better, BEWARE IMITATIONS:

 

·
Now Tamworth
Joined
·
5,867 Posts
Very interesting, although New York's shopping is completely diofferent to London. London has shops everywhere of significance, New York only has a few specific streets. I suspect the average rent is higher across the core of London then NYC. That's just an assumption on visits to both cities.

Thriving luxury retailers fails to boost London up retail ranking

by Nadia Elghamry on November 18, 2014

For anyone who thought Bond Street was expensive here’s a sobering stat. Rents on New York’s Fifth Avenue are nearly five times higher and the Big Apple’s most famous shopping street is the global king of retail

Collier’s report released today as Mapic opens in Cannes, shows London is a mere sixth in the global retail rent rankings.

Other shockers from the report are that there are 30 retail developments planned in and around greater London equal to 10million sq ft or seven Bluewaters.

 

·
Moderator
South East Nine
Joined
·
39,956 Posts
London retains title as world's most international shopping destination
Evening Standard
18 May 2015


New face: Kim Kardashian's favourite yoga brand Lululemon has opened in London​
London has retained its position as the world’s most international shopping destination, with a flurry of overseas retailers choosing the capital for their UK debut.

Canadian-born Yoga brand Lululemon Athletics — favoured by celebrities such as Kim Kardashian, Rosie Huntington Whiteley and Cameron Diaz — and US fashion retailer American Eagle were among 12 brands to open in London last year.

Property agent CBRE said that almost 60% of high-profile international brands are now present in the city.

“It remains key for international brands to have a strong presence in London, fundamentally because of its size, transparency and position on the global retail stage,” said Andrew Phipps, head of EMEA retail research at CBRE.
 

·
Registered
Joined
·
18,919 Posts
Discussion Starter · #18 ·
http://www.standard.co.uk/news/lond...ever-ban-on-oxford-street-buses-10328246.html

London transport bosses consider first ever ban on Oxford Street buses

London transport bosses are considering an Oxford Street bus ban for the first time to help clean up the filthy air on Britain’s most polluted road.

Transport Commissioner Sir Peter Hendy said the arrival of Crossrail in 2018 was a “game-changer” for the West End that allowed him to consider the previously unthinkeable.

He told the Standard: ”For years we’ve been accused of being dog in the manger about buses on Oxford Street, now we are in a completely different place.”

“We are looking at all the options and we will countenance taking all the buses out. We wouldn’t rule anything out.”

The dramatic U-turn in thinking follows years of pressure from store and tourism chiefs infuriated by the slow moving “wall of red metal” that clogs Europe’s busiest shopping street.
 
1 - 20 of 29 Posts
Top