Major British brands including Burberry, Marks & Spencer and John Lewis have signed up to support the Queen’s upcoming Platinum Jubilee as official partners of the Pageant on 5 June in celebration of her 70-year reign.
Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
Fortnum and Mason has found a new CEO with Matchesfashion’s Tom Athron set to join in the post on December 1. The appointment comes after Ewan Venters announced in September that he would leave the company in January.
A group of big names in premium and luxury retail have joined the chorus of British businesses pleading with the government to reverse its decision to axe tax-free shopping for tourists in its current form.
With the UK set to axe the duty-free shopping for tourists regime in December, there are already signs that rival locations will step up their efforts to attract shoppers who might have previously visited Britain.