Keely Stocker's stories
I’ve said it before, and I’ll say it again: the high street is not dead.
The industry is saddened this week by the loss of retail stalwart, Arthur Ryan, who has died aged 83. My thoughts go to all of his family, friends and colleagues.
Lately, not a week goes by without the mention of a CVA and this week is no exception – the latest being high street footwear staple Office, which has appointed restructuring advisers to assess its financial position amid “tough trading conditions”.
When market conditions are tough, it is never more important to take time to celebrate the achievements, innovations and businesses pushing forward through turbulent waters.
The fashion industry contributes more than £32 billion to the UK economy, yet, once again, calls for support from the government have gone unheeded.
Product will always sit at the heart of any fashion business. As we move into June and the new buying season kicks off with London Fashion Week Mens and menswear trade show Pitti Uomo in Florence, retailers will be looking at how their new-season collections can offer something unique to drive customers in store and online.
Arcadia was once the most powerful player on the high street.
The growth of online sales continues to transform the fashion industry, and digital innovation has become a key driver of many success stories.
Lord Rose famously said, “the customer is no longer king – they are masters of the universe” and never is that truer than in today’s market.
Editor's Comment: A tale of two store strategiesSubscription
In the midst of several high-profile company voluntary arrangements (CVAs), retailers are fighting to prove that evolution is the key to survival – particularly when it comes to the high street.