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Retail

UK: Footfall slows in May despite consumer sentiment improving

Footfall across the UK showed a “modest decline” in May, despite an improvement in consumer sentiment and favourable weather conditions. Over the four weeks to May 31, footfall decreased 1.7 percent year-on-year, according to data from the British Retail Consortium (BRC) and Sensormatic, down from a more sizable uptick of 7.2 percent in April....

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Business

In wake of tariffs: UK fashion and retail band together on call for VAT-free shopping

A new letter issued to Rachel Reeves, is calling on the UK Chancellor to consider reinstating a tax-free shopping scheme as concerns mount over tariffs. The letter, seen by FashionUnited, was signed by the CEOs of Walpole, the British Retail Consortium (BRC), the British Beauty Council and the British Fashion Council (BFC), each representing...

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