
In a surprise move, Ted Baker said on Friday that it’s moving to a new London HQ. It will resettle in Fitzrovia, with the new home costing much less than the existing head office it has operated from for 20+ years.
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In a surprise move, Ted Baker said on Friday that it’s moving to a new London HQ. It will resettle in Fitzrovia, with the new home costing much less than the existing head office it has operated from for 20+ years.
Heritage fashion brand Fred Perry is set to open its latest store at McArthurGlen Designer Outlet West Midlands. Debuting Saturday 17 July, the new store will offer streetwear/sports-based apparel for both men and women.
Buy-now-pay-later lender Klarna has acquired fledgling social shopping platform Hero for around £115 million, according to people familiar with the deal. It will be added to Klarna’s platform of 250,000 retail partners.
Ted Baker’s twice-delayed full-year results looked grim on Monday as the fashion retailer announced a 44%+ drop in revenue and a pre-tax loss that widened by almost 39%. But its CEO was upbeat about its prospects.
Icon Outlet at the O2 has added an aspirational luxe name to its line-up with the opening of Joseph at the mall in Greenwich, South London. It's the brand's only London outlet store.
Ted Baker has signed an extension to its revolving credit facility with its existing lending syndicate. Pinning down long-term funding has been a key focus of fashion retailers after the devastation caused by Covid.
A growing number of fashion brands and retailers are switching from traditional clearance channels to its premium e-commerce marketplace for fashion and beauty, Secret Sales claims after its first year in business.
As fashion rental services go this is claiming to be a UK first. US-based B2B rental tech platform CaaStle is expanding overseas to power a subscription rental service with UK menswear retailer Moss Bros from 20 April.
April 12 sees the opening of McArthurGlen’s latest outlet centre with the debut of the £160m Designer Outlet West Midlands. The company said it’s the only standalone shopping centre to open in the UK this year.
A new charter for the UK retail sector has seen many of the biggest and most prominent names signing up to make their workplaces more diverse and inclusive.