At first glance, it's hard to see a bright future for the UK's high streets. The latest vacancy rates rose to 14.6% in June, the highest level on record, and the latest reports claim that high street stores are suffering as shoppers stay at home to watch the Olympics.
My last post predicted how the retail sector would fare during the Olympics both in the capital and beyond. A week into The Games, some of my thoughts were correct and some were sadly far off the mark, however I am not sure anyone could have predicted what has happened this week. I was optimistic that both bricks and mortar retailers and e-tailers would benefit from the influx of tourists and the domestic consumer working from home, all of whom were eager to spend; unfortunately this is not the case.
Even 'fast', 'cheap' fashion can seem a bit unjustifiable when we hear news of a 'double dip' recession. I, for one, feel a bit sheepish hauling bags of clothes home while worried about what the future holds (never mind that I also have to find a way to sneak it all in without my husband noticing!).
Two years after the launch of Girl Meets Dress, the first and leading online Luxury rental destination, founder Anna Bance recalls how progress is being made to fulfil her dotcom dream
If I've learnt one thing building Girl Meets Dress, it's that the team is everything. Of course not everyone has a Co-Founder, but in the early days before and during your first hires, it helps enormously if most of the skills needed are split between the founders. For us it was Finance / Tech / Operations v PR / Customer / Product / Design.