According to a new report premium/luxury operators are driving growth in the £14.7bn UK department store sector. The sector returned to growth in 2006 following two years of decline, and has not only sustained this trend for the second consecutive year in 2007, but is likely to outperform in 2008. Though Marks & Spencer’s recovery was a major factor in the return to growth in 2006, it is the high-end operators that have been the main drivers in 2007.

Continue reading “Premium Operators fuelling growth in the UK Department Store Sector” »

Premium/luxury operators are driving growth in the £14.7bn UK department store says a new report. The sector returned to growth in 2006 following two years of decline, and has not only sustained this trend for the second consecutive year in 2007, but is likely to outperform in 2008. Though Marks & Spencer’s recovery was a major factor in the return to growth in 2006, it is the high end operators that have been the main drivers in 2007.

Continue reading “Harrods, Selfridges and Harvey Nichols Drive Growth in the UK Department Store Sector” »