Landsec can push ahead with the revitalisation of Lewisham town shopping centre in Southeast Londonafter the property giant secured planning permission for the phased redevelopment of the run-down 1970s venue.
Landsec’s reimagined Lewisham town centre
The “approved masterplan will deliver a reimagined shopping centre”, offering the same amount of retail space as today while also allowing the delivery of over 1,700 new homes, 660 student beds and 445 co-living residences.
Approved by Lewisham Council, the plans also include a permanent home for Lewisham’s Model Market, and a 500-capacity culture, music and arts venue that will “reignite the area’s night-time economy”.
Almost half of the 17-acre site is also set to become new public green space.
The ambitious residential-led neighbourhood has the potential to redefine urban life in Lewisham, creating a thriving, sustainable town centre, we’re told. The plans have been carefully phased to retain key parts of the shopping centre. And with all the new residential space it could mean a major boost for the shops there.
Mike Hood, COO of Landsec said: “This is an exciting moment for the future of Lewisham’s town centre. These plans provide much-needed homes, community spaces and facilities that will enhance urban life for generations, while delivering sustainable returns that support our ambition for long-term growth.”
High-tax Italy plans to apply a levy on shipments from non-EU countries worth up to 150 euros ($176.31) and intends to double its tax on financial transactions, as Rome seeks ways to fund costly budget amendments, official documents have shown.
Reuters
The contribution on low-value postal packages, set at 2 euros for each shipment, is expected to garner 122.5 million euros next year and 245 million in both 2027 and 2028, according to parliamentary documents seen by Reuters.
With this move, which is in line with a proposal being discussed at European Union level, Italy targets online platforms such as Shein and Temu and aims to protect its fashion industry from low-cost foreign imports mostly from China.
EU customs authorities handled around 4.6 billion low-value packages bought online in 2024, 91% of them coming from China and double the 2023 figure, latest data shows.
The government also intends to increase Italy’s tax weighing on the transfer of shares and other financial instruments to 0.4% from a current 0.2%, in a move that should yield an additional 337 million euros from next year.
Prime Minister Giorgia Meloni’s government forecast in September that the politically sensitive tax burden — the level of taxes and social contributions as a proportion of GDP — is expected to rise to 42.8% this year from 42.5% in 2024, among the highest levels in developed economies.
Gen Z consumers want to shop sustainably. They really, really want to shop sustainably. But a new survey shows 59% in the UK admitting admit their generation “talks more about sustainability than they practice”.
Ansa
It comes from consulting firm RSM UK and retail insight specialist Retail Economics.
They surveyed 1,500 Gen Z consumers and found almost a third (29%) are committed to sustainability, while 43% have an “aspirational intention where they care about sustainability but will compromise when considering cost or convenience”.
And the study showed that “this intention-gap becomes even wider when you look at age as committed shoppers jump to 39% between 24-28 year olds and fall to 20% for 18-21 year olds. That suggests available income is a key factor when it comes to putting ideals into practice with younger consumers less likely to have cash to spare.
And let’s not forget that “there is also indifference,” the study said, with a chunky 28% “placing low priority on sustainability, guided more by price and ease of access’.
Some 40% of Gen Z also confessed to “often” buying items they will only wear or use once.
There are clearly conflicting influences affecting Gen Z with the eco message getting through and lodging in their minds. But these are consumers who grew up in the wake of the original fast fashion revolution as ultra-fast fashion from the likes of Shein and Temu showed that super-cheap fashion, often with next-day delivery, was now ‘normal’.
Cathy Faria, ESG associate director at RSM UK, said: “There are clear contradictions between intent and the buying habits of Gen Z when it comes to sustainability, with many not practicing what they preach. Ultimately, they face a trade-off between values, budgets and desires for instant consumption.
“In a world where budgets are being increasingly squeezed every day, the combination of low-cost products and convenience can be hard to resist, making it difficult for other retailers to compete.”
But she thinks that “there’s a real opportunity for retailers to tackle sustainable fashion, as it’s clearly of high importance, particularly for more financially secure Gen Z consumers. This involves sourcing natural fabrics and recycled materials, optimising supply chain efficiency, as well as ensuring safe working conditions and fair pay.
“Interest in pre-loved shopping is also gaining momentum, with many major retailers showcasing secondhand collections in-store. We expect to see more retailers introducing new innovative initiatives to tap into this growing area of the market. An example is M&S’s recent launch of an online takeback scheme and clothing resale service in partnership with eBay, where items are cleaned, repaired and listed online, and those that cannot be resold are repurposed or recycled.”
Interestingly too, Jacqui Baker, head of retail at RSM UK, said that eco shopping being put into action can be seen more often in the beauty sector. She said that for Gen Z, “affordability and quality will dominate decisions most of the time, but sustainability rises sharply in importance in the health and beauty sector. Natural and ethical credentials are tied directly to safety, well-being and self-care, meaning here, sustainability is not just a bolt-on, it’s integral to the product. Not only are we seeing the ‘lipstick effect’ consistently drive strong sales in health and beauty, as consumers cut back on other retail categories, but they’re also willing to pay a premium if it has sustainable credentials attached to it.”
For several years now, Milan’s fashion trade fairs have been joining forces, fostering synergies to counter the challenges the sector has faced since Covid. But for the February 2026 edition, two shows will go even further, thanks to the strategic project ‘Reinventing Mipel & Micam,’ developed in collaboration with Lombardini22, a leading name in architecture and engineering.
The press conference presenting the “Reinventing Mipel & Micam” project. – Ph: FNW/EP
“We like to describe Lombardini22 as a ‘collective-thinking company’ that brings together around 500 professionals and develops projects collaboratively, often starting by listening,” explained Cristian Catania, Reinventing Fairs project director at Lombardini22, during the press conference presenting the project. “We did the same for Micam and Mipel, analysing the status quo of previous editions and holding consultations with major exhibitors. What we realised is that the paradigm shift lies in continuing to give exhibitors the visibility they deserve while, at the same time, putting the visitor and their needs at the centre, so that their time at the fair can be more productive, less tiring and more seamless. The guidance we received was to build on the heritage and longevity of the events, expand the services on offer, and think not only about product but also about the sector’s cultural growth, through social connections, networking, new opportunities and new stimuli. We need to move beyond the concept of mere exhibition and create an experience for visitors.”
As part of the project, for the February edition (February 22–24, 2026), which will coincide with the Milan–Cortina Winter Olympic Games, the Mipel experience will be completely reimagined: the event will move to the front section of Hall 5 at Fiera Milano Rho, gaining greater visibility and a more central position within the exhibition centre. The layout will be redesigned by Lombardini22 to make visits clearer, more immersive and instantly legible, with optimised routes and new areas dedicated to product, innovation, and creativity, while the pre-built exhibition stands will also be reinterpreted in a contemporary, functional way to meet the needs of exhibiting companies.
The floor plan of the halls
Above all, at the centre of Hall 5, ‘M&M- The Hub’ will take shape: a new space conceived to host initiatives and projects developed in full synergy between Mipel and Micam, with the aim of offering visitors to both fairs an integrated experience. The Hub will be home to Micam Academy and Mipel Factory, in an environment designed to foster a continuous journey of learning and relationship-building, bringing together education, research, technical experimentation, and professional development. The Italian Startup project, created in collaboration with ICE-Agenzia and the Ministry of Foreign Affairs and International Cooperation (MAECI), has also been confirmed; it will shine a spotlight on a selection of emerging Italian companies that are highly innovative and technology-driven. There will also be a dedicated product area, offering a concise, curated overview of the key trends for the Autumn/Winter 2026–2027 season.
“The partnership with Lombardini22 is strategic because it can help us better communicate our fairs. Our goal is to support companies on their path to growth and greater international exposure, because trade fairs are a key driver of internationalisation. The events must enrich our companies, promote Made in Italy and help strengthen the recognition that Italian leather goods companies enjoy worldwide in terms of innovation, creativity, expertise, and excellence,” added Claudia Sequi, president of Mipel and Assopellettieri. “Moving Mipel to Hall 5 is not just a relocation, but the desire to rethink our fair in a strategic, contemporary way, with a layout designed to create usable, useful spaces for exhibitors and visitors- an immediate, intuitive, and engaging experience for buyers.”
From left: Giorgio Passagno (CEO Micam), Claudia Sequi (President Mipel), Giovanna Ceolini (President Micam), Federica Bevilaqua (Mipel Director) and Cristian Catania (Lombardini22)
“We are convinced that joining forces is essential for those who come to our fairs, who enter an ecosystem where products are certainly important, but where different visions are even more so,” stressed Giovanna Ceolini, president of Micam and Assocalzaturifici. “Let us remember that, in addition to Micam and Mipel, the February edition will also bring together Sì Sposa Italia Collezioni, Milano Fashion&Jewels, and The One Milano, providing buyers with a comprehensive overview of the different segments of Made in Italy fashion; Lineapelle and Simac will not be present because of the Olympics, but will return in September. This synergy between fairs works to everyone’s advantage; at the last edition we welcomed around 40,000 visitors from 38 countries- an incredible figure. With the ‘Reinventing Mipel & Micam’ project, we hope to strengthen further; we know that together we are stronger and can represent Made in Italy at its best.”
For the February edition, Micam will also introduce a new configuration for Halls 1 and 3 which, together with Halls 2 and 4, will make the visitor journey more coherent, intuitive, and functional.
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