TK Maxx has taken a 37,500 sq ft unit at Queensgate shopping centre and is to open a new store in mid 2021, Lendlease and Invesco Real Estate, the global real estate investment manager, have announced.
Late last week, the Parc des Princes in Paris was decked out in Replay colours, as local club PSG and the Italian denim label presented the first collaboration in a partnership set to continue for the next four years.
The gradual retreat of retailers from physical spaces is continuing with the latest slate of store closures coming from Jack Wills, which is now owned by Frasers Group. One central London store is on the closure list.
Ongoing underperformance at its Australian operations has led to the exit from his group post of Woolworths Holdings’ CEO Ian Moir, the South African company replacing him with an executive from Levi Strauss.
Retailer Anthropologie is continuing the rollout of its smaller, ‘local store’ concept with a third location under the local umbrella having opened. The new store is the second local shop to open in the UK.
Circumstances conspired against Fast Retailing in Q1 with the firm having faced several obstacles in the Asia market. And its Uniqlo chain was also at the mercy of the weather last month as high temperatures hit sales.
A few days after Massimo Piombini’s departure from Balmain was made official, his new professional challenge has been revealed: he will become the CEO of the OTB group’s leading label, Diesel, in February 2020.
Superdry delivered plenty of negative numbers with its half-year results on Thursday but they'd largely been expected as the company is deep in a reset strategy and it said this is showing early signs of working.
Having previously served as vice president of design for True Religion from 2006 to 2017, Wells will now be responsible for product design, marketing and driving the creative direction of the brand as creative director.