By: Amber Murray

Retail Reporter Amber Murray is a reporter at City A.M., covering retail, luxury and property stores. Prior to City A.M., she worked as a sub-editor for Fastmarkets and completed a Masters in Financial Journalism at City University. Please get in touch with stories/tips/coffees at amber.murray@cityam.com

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Homeowners rush to departures before third Heathrow runway takes off

February 17, 2025

The housing market around the planned area for Heathrow’s third runway has seen a surge of activity in the last few weeks as homeowners look to avoid the noise, pollution and lower house values that the major infrastructure project would usher in. On January 29, the government spoke to an audience of business chiefs at [...]
Value of UK housing stock hits £9 trillion for the first time

February 17, 2025

The total value of all homes across the UK has passed £9 trillion for the first time, according to new research by property firm Savills. After a brief slump in 2023, the UK’s housing stock grew by £346bn last year – meaning it is now more than 3.5 times the annual GDP of the UK. [...]
Shein: Discounted valuation would give IPO a ‘better chance of going ahead’

February 17, 2025

Fast-fashion giant Shein is under investor pressure to slash its valuation by two thirds from its all time high should it go ahead with its long-awaited float on the London Stock Exchange later this year, according to a report. Shen was valued at $66bn (£52bn) in a funding round in 2023 and as high as [...]
Pret A Manger hit with winding up petition by water company

February 14, 2025

Pret A Manger has been hit with a winding up petition by a business water supplier over unpaid debts
Office cycle bays risk being spectacular ‘eco-own goal’

February 14, 2025

A property group has warned that London’s cycling policy is actually harming the environment, with too many cycle bays and not enough cyclists to fill them. The City Property Association (CPA) has calculated that under the current London Plan, the City of London’s target to deliver 1.2 million sqm of new office space by 2040 [...]
Shein: Tariffs and cheap goods crackdown could hit London listing

February 14, 2025

Fast-fashion retailer Shain faces an uncertain future amid the threat of Trump tariffs and a crackdown on the sale of cheap goods overseas. There were rumours that Shein planned to list in London with a £50bn float around this Easter, but according to the FT, this boon for London’s market is likely to be shelved [...]
Hermès share rise as handbag-maker retains luxury crown

February 14, 2025

Shares in the luxury handbag retailer Hermès rose this morning as the family-owned firm reported yet another bumper set of results. Revenue reached €15.2bn (£12.66bn) in 2024, up 15 per cent year on year, Hermès told markets this morning. The share price of the Euronext-listed company rose 2.5 per cent in early trades, meaning the [...]
Segro: Data centre demand fuels growth at warehousing giant

February 14, 2025

Warehousing giant Segro has reported a double-digit jump in profit driven by demand for data centres and improving investment market conditions. Shares were flat in early trades. Adjusted profit before tax at the FTSE-100 real estate investment trust (REIT) grew 14.9 per cent in the year ended December 31 to £470m. Adjusted earnings per share rose 5.5 per [...]
Valentine’s day in 2025: Expensive dinners, cheap gifts and ‘bruv dates’

February 14, 2025

In case it wasn’t already clear by the availability of restaurant tables in central London this February 14th, Brits are ditching expensive gifts in favour of meals out with friends or partners this Valentine’s Day. It seems decades of films and songs have encouraged both singletons and those in relationships to get out of the [...]
Kurt Geiger sold to New York’s Steve Madden for £289m

February 13, 2025

Private equity firm Cinven has announced the sale of Kurt Geiger to shoe brand Steve Madden for £289m. Cinven bought the footwear and accessories brand in 2015 for £245m, and has since greatly expanded the business in the US. In America alone, sales surged by 58.7 per cent to over £110m from February to September [...]

GB News loss widens despite revenue jump

Cadillac to leverage US identity to grow F1 sponsorship portfolio

Psst… This is how to ski Les 3 Vallées without the crowds

By: Amber Murray

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