How good were Inspecs results for the half-year to 30 June? Sales jumped to $125.7 million from just $16.7 million, core earnings rose to $17.7 million from $0.7 million and pre-tax loss was cut to $2.6m from $8.3m.
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.
Lyle & Scott is to open its first store in the UK’s capital with a debut at London Designer Outlet (LDO). It follows a number of labels that have signed up for an LDO shop since pandemic restrictions were eased.
Eyewear specialist Inspecs reported results for last year on Friday with plunging revenues and a net loss, although the company highlighted its “positive momentum in 2020 creating a strong platform for growth in 2021”.
Trade show organisers are continuing to reschedule key shows and Hyve Group has announced that it will stage Scoop X Pure and sourcing show Pure Origin at the Old Truman Brewery in London on September 7-9.
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.