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.
Men's fashion was hybrid at Sacai, rebellious and romantic at Dunhill, oscillating between past and future at Acné Studios, strength and fragility at Ludovic de Saint Sernin, and sportswear and couture at Pigalle.
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.
The Italian designer unveiled his menswear collection for Fall/Winter 2020-21 under a flurry of virtual snowflakes at Milan Fashion Week on Monday, sending out futuristic ski suits and cosy, ultra-chic day wear.
Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, as its efforts to ramp up its online presence and broaden its range helped drive sales during the all-important holiday period.
Topshop announced last week that it will close its flagship store when the lease ends, but the unit will not remain vacant for long as JD Sports has jumped at the opportunity to expand its presence at the centre.
With many in UK retail reporting sales falls for the Christmas trading period it was encouraging on Friday to see JD Sports Fashion talking about “positive like-for-like trends in the group's global fascias”.
Apparel giant PVH Corp is selling its Speedo North America business to UK-based Pentland Group, which is the parent company of Speedo International Limited. The British firm is paying $170 million in cash.
Eyebrows were raised when Pitti first announced that K-Way, French sportswear label, was given a prestigious Pitti runway slot. But the naysayers proved wrong, as the marque staged a zippy collection in Florence.
If anyone thought the athleisure trend might be fading, they couldn't have been more wrong. Lyst said Friday that 2019 saw soaring searches while 2020's New Year's resolutions have boosted demand further.