British retailer of fashion, home, and footwear; 700 stores in UK/Europe.
July retail activity across the UK shows mixed momentum. Food and hospitality have benefited from warm weather and England’s World Cup run, while non-food and big-ticket categories lag. Card spending is higher than a year ago, and consumer demand remains fragile as inflation and costs weigh on shoppers.
Harvey Nichols has been put up for sale after successive losses and is drawing bids from Frasers Group and Next as owners seek £50m–£60m; Mike Ashley has called the chain in a "death spiral" and says a lower price will be needed. Separately, UK high street restructuring plans have won court approval while retailers use AI to trace complex apparel supply chains.
Retail sales fell 0.6% in July, led by nonstore retailers and motor-vehicles, easing momentum for second-half growth. Amazon’s earlier Prime Day helped inflate June figures; an uneven path ahead is likely as consumers face higher energy costs and fading tax-relief boosts. Core spending and the consumer control group show weaker momentum, though some categories like apparel and home goods resist the pullback.
The Employment Appeal Tribunal has allowed Next to justify paying warehouse workers higher basic pay than shop staff, citing recruitment and retention costs. The decision affects thousands of claimants and follows years of litigation, with Leigh Day planning an appeal on several points including night-time pay and rest breaks.
Next has raised full-year profit guidance for the fourth time this year, citing strong half-year performance aided by unusually warm summers. Morrisons reports robust quarterly trading, while Jigsaw showcases momentum, with online growth and international expansion under a turnaround plan.
A synthesis of recent reviews shows high-street fragrance launches are delivering credible, budget-friendly alternatives to luxury perfumes. Independent and Business Insider UK highlight fall scents and Prime Day style deals, while Scotsman coverage spotlights vanilla amber blends and whisky notes. Collectively, the coverage suggests consumers are expanding their fragrance palettes without sacrificing quality or distinctiveness.