The long-running saga around House of Fraser stores continues to rumble on and news emerged on Friday that its new owner Sports Direct is to acquire the freehold of the Frasers building in Glasgow in a £95m deal.
Sneaker start-up brand Allbirds may only be three-and-a-half years old but it has already garnered a total of $75 million in funding, after a fresh $50 million investment, lifting its company valuation to $1.4 billion.
Coast became the latest casualty of the tough UK fashion environment on Thursday with an administration filing, although large parts of the business were quickly bought out of administration by Karen Millen.
The men's and women's footwear and accessories brand has chosen Lisbon's Príncipe Real neighbourhood for the location of its first store in Portugal, which opened with a party at the end of September.
Golden Week seems to have been a golden opportunity for UK retail with new figures from Alibaba’s Alipay showing that the UK was the top shopping hotspot in Europe from October 1 to 7, up from second place last year.