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Chinese hot pot chain Hai Di Lao will open its first UK restaurant at the Trocadero in Piccadilly Circus, London. In a deal facilitated by real estate firm Savills, the brand has signed a 15-year lease of an almost 10,000sqft site. It is the chain’s first…
Malaysian-owned Hijup UK made its debut in London’s modest fashion scene at the recent London Eid Festival. Participating in the year’s largest international modest fashion showcase coincided with the launch of the Hijup UK online store. Hijup UK will follow…
TUMI, purveyors of premium luggage and travel, business and lifestyle essentials, has opened its third London boutique Calling all fans of luxury travel, TUMI has opened a new boutique in London’s Covent Garden. Visit the store to browse the range of high-end…
Toys R Us will sell or close all of its US and UK stores in coming months. The decisions, by respective liquidators appointed on both sides of the Atlantic, will leave Canada, Asia and Central Europe up for sale as the last remaining Toys R Us businesses…
UK Fashion retailer new Look is to shutter 60 stores – but at least one analyst fears that may not be enough to arrest its sliding performance. The closures are a core feature of a company voluntary agreement (CVA) proposal to its creditors that will also see…
Jaguar Land Rover (TAMO.NS) is waiting for more information on trading conditions after Brexit before it decides whether to make electric cars in its home market, the boss of Britain’s biggest carmaker said. The Indian-owned automaker, which makes just under…
The Chinese firm which has a majority ownership in House of Fraser has confirmed plans to offload most of its stake. A Chinese stock-exchange filing indicates that Nanjing Xinjiekou Department Store (or Nanjing Cenbest) is poised to sell off most of its…
Grocery and general merchandise retailer Tesco is set to introduce ‘Colleague Shops’ in all its UK stores to give employees the opportunity to take food approaching its expiry date, as part of its wider work to prevent good food from going to waste. Dedicated…
The UK to showcase the best of British innovation in Hong Kong this March with top industry leaders and innovators taking part in the GREAT Festival of Innovation 2018. World-leading innovators from the UK and Asia will take part in the GREAT Festival of…
Big brands have been put on notice about their inaction over the world’s growing 5,000,000-tonne problem of plastic aluminium laminate waste. Following revelations about the scale of the problem in the UK and internationally, the CEO of the company behind the…
Retail sales fell more sharply than expected in the core Christmas month, capping the worst December performance for volumes since 2010. The Office for National Statistics (ONS) issued the grim update on the health of the high street just hours after…
The BBC’s China Editor Carrie Gracie has quit her post in Beijing to fight for her right to pay equality with male peers, posting an attack on what she called the “secretive and illegal BBC pay culture”. Gracie’s revolt is part of the fallout from pay…
Social media titan Facebook will open a new office in London on Monday that is set to be its biggest engineering hub outside America, the company has announced. The investment in the office, near Oxford Street in the heart of the city’s West End district,…
As a raft of UK Toys R Us closures were announced, management moved to reassure customers it is business as usual, globally. With the Toys R Us US parent trading under Chapter 11 bankruptcy protection, the company is moving to restructure the business…
In the middle of London’s Camden Market, a trader from China hands red-bean cakes to a group of tourists from Sweden, as tattooed locals dressed in black leather weave their way between food stalls cooking up dishes including barbecued meat and fish and…
Stadium Group, owned by the Healey family, has completed a conditional acquisition agreement with Ediston Property Investment Company (EPIC), which is based in Edinburgh. The sites, which are let to 23 tenants, include Kingston Retail Park in Hull, which has…
