Retail Update - February 2019

Welcome to the next edition of our Retail update containing news and legal insights for the retail and hospitality sectors.

To find out more about how we work with retail and hospitality businesses to help them survive the current market challenges, please see the retail section of our website.

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Contact our experts for further advice

View profile for Nicola BroadhurstNicola Broadhurst
  1. Retail company directors: key duties to avoid risks

    The recent crisis at Patisserie Valerie, which has now been placed into administration, provides a timely reminder that directors must carefully consider their duties under the Companies Act 2006 (the Act). Although the on-going investigations into... Read more
  2. Consumer prepayments and retailer insolvency: BEIS response to Law Commission recommendations

    Hot on the heels of the second administration of HMV over the Christmas period, the Department for Business, Energy and Industrial Strategy (“BEIS”) has published its response to the Law Commission’s recommendations for improving the... Read more
  3. Digital services tax: a lifeline for bricks and mortar retail?

    The government plans to introduce a new digital services tax targeting big technology companies with revenues over £500m. A consultation on the detailed design and implementation of the tax is under way and is due to conclude on 28 February 2019. The... Read more
  4. Industry press

    DRAPERS:
    INVEST IN YOUR STAFF DURING TOUGH TIMES

    During tough times retailers should prioritise investing in their staff over cutting costs, say Nicola Broadhurst and Hollie Ryan in their article in Drapers (requires subscription). Read more

    PROPERTY WEEK:
    RETAIL TENANTS – REVIEW YOUR LEASES TO REMAIN HEALTHY​

    Markus Klempa explains how tenants can guard themselves against increasing business rates and pressures in his article published by Property Week (requires subscription). Read more

    COSTAR:
    THE CHANGING NATURE OF RETAIL – HOW CAN LANDLORDS REMAIN RESILIENT?

    In their article in CoStar, Ian Craig and Rebecca Hunt shed light on why retail landlords could benefit from encouraging flexibility in leases as tenants become more creative (requires subscription). Read more

  5. Industry events

    CASUAL DINING RESTAURANT & PUB AWARDS 2019
    Wednesday 27 February 2019
    London

    Andrew Steele and Joe Bedford are looking forward to attending the Casual Dining Restaurant & Pub Awards 2019 this Wednesday. The event celebrates the multi-million pound casual dining sector, in which we are very active. The awards recognise the achievements made by the most innovative and successful operators in the industry and rewards them for all of their hard work. Please get in contact with either of us if you would like to catch up on the evening. Find out more

    CANNES / SHEDMASTERS
    Tuesday 12 - Thursday 14 March 2019​
    Côte d’Azur, France

    Members of our real estate team are excited to be travelling to Cannes once again for the gathering of the most influential players from all sectors of the international property industry, including retail. We are also proud co-founders and hosts of Shedmasters, the premier property reception for senior decision makers. It is the perfect opportunity to network with colleagues and suppliers and to make new acquaintances during the week, so please get in touch if you would like to meet up. Find out more

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