Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have s disabled. For the best experience of this website, please enable s in your browser

We'll assume we have your consent to use s, for example so you won't need to log in each time you visit our site.
Learn more

Video: Paul Smith on why rent costs are killing the high street

UK fashion designer Paul Smith sells more clothes online than in any of his stores. He tells Bloomberg Television’s Manus Cranny that relentless increases in rent are forcing retailers to focus on ecommerce.

Source: Bloomberg Television

Readers' comments (3)

  • Wow how many accounts does he have, hundreds in the U.K. ALONE including most multiples!
    I think his Brand is too easy to obtain and that's without the web, so much for a little bit exclusive.
    Me thinks the man lives in a bubble!

    Unsuitable or offensive? Report this comment

  • ... Says Paul Smith the online discounter.

    What he is essentially saying is I can't be bothered to sell in stores any more because my clothes aren't worth the price I'm selling them at with the overheads, so I'll sell online at just above cost and cut out the stores. Another brand who is doing the 'wholesale as retail' route.

    Unsuitable or offensive? Report this comment

  • I think he is right in what he is saying, there's no way to control rent but fast fashion and the willingness of H&M, Zara etc to pay the big rents really pushes any independents off the negotiation table. It'll be interesting to see what happens with it in the next 5 years.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.

www.adulttorrent.org

shopvashtextil.com.ua