Articles by Rachel Douglass
Saint + Sofia opens first physical store in Covent Garden
loading... - Retail
Womenswear brand Saint + Sofia has opened its debut brick-and-mortar store in London’s Covent Garden after building "significant success online”. The 1,600 square foot space has been designed to reflect an intimate boutique, offering a curated selection of womenswear and accessories, including handbags and footwear. The site will also be a...
Media company Complex launches marketplace platform
loading... - Business
Complex, youth culture and music media platform, has launched a new marketplace designed to offer readers and customers a selection of fashion, products and collectibles from a curation of brands powered by its own community. ‘Complex Shop’ intends to serve as a platform representative of the lifestyle and audience to which Complex has always...
Club L London launches rental offer with Hurr
loading... - Retail
Womenswear brand Club L London has launched a pop-up rental offering at Hurr’s Selfridges Oxford Street space, where it will be hosting the experience until November 26. Through the partnership, Club L will be making a selection of its occasionwear available to rent both in the store and via Hurr’s online rental platform. Around 250 pieces from...
Frasers calls for removal of Boohoo co-founder, reaffirms Ashley bid
loading... - Business
Frasers Group has doubled down on its criticism of Boohoo Group, now calling on the company’s shareholders to vote out its co-founder and chairman, Mahmud Kamani. In an open letter, Frasers presented Boohoo shareholders with a choice: “win with [Frasers owner, Mike] Ashley or lose with Mr. Kamani”, stating that the latter’s delivery of results,...
AllSaints opens New York pop-up and first Chinese outlet amid retail expansion
loading... - Retail
AllSaints is continuing on its global expansion strategy with a string of new international store openings, cementing its presence in various markets and celebrating its 30th anniversary. New York is among the cities being emphasised by the brand, and is currently home to a AllSaints pop-up space located at 500 Broadway. The 5,300 square foot...
Ann Summers carries out redundancies, Gold family steps in with funding
loading... - Business
Lingerie retailer Ann Summers has cut a number of its jobs amid rising losses at the firm, with the company’s owners, the Gold family, now also stepping in to provide financial aid. Earlier this week, it was reported by Retail Week that Ann Summers had made between 20 and 30 jobs redundant in an effort to streamline operations. While the number...
New Guards Group files for bankruptcy protection in Italy
loading... - Business
New Guards Group (NGG), the Farfetch-owned parent company of Palm Angels and Ambush, has filed for a form of bankruptcy protection in Italy as its pursuit for a buyer continues to trudge on. According to various media platforms, the Italian fashion group has applied for a ‘composizione negoziata per la soluzione della crisi dímpresa’ (or CNC), a...
Frasers-backed Four Marketing snaps up A-Cold-Wall
loading... - Business
Samuel Ross’ A-Cold-Wall has been sold to distribution agency Four Marketing just months after it was acquired by London-based fashion accelerator Tomorrow Ltd. In a press release seen and reported on by Vogue Business, Tomorrow Ltd CEO, Stefano Martinetto, said: “We’re thrilled to see the brand transition into such capable hands.” Martinetto...
Claire’s launches own beauty brand, C by Claire’s
loading... - Business
Accessories retailer Claire’s is doubling down on the beauty category with the launch of its own fragrance and body care line, dubbed C by Claire’s. The new brand builds on the reported success of its existing body care product collection, expanding the offering for its Gen Zalpha consumer base. This new collection features moisturisers, bath...
Hoff sells minority stake to fuel growth and expansion plans
loading... - Business
Spanish fashion brand Hoff has sold a minority stake in its business to Luxembourg-based private equity fund Rahco Capital to fuel its next phase of expansion and growth. Following the closing of the acquisition, Hoff founder Fran Marchena will continue to operate the brand, and maintains the position of majority and controlling shareholder,...