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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Footwear brand Vans have signed a leased to takeover the site previously occupied by Miss Selfridge.

Located in Oxford Street, London, Arcadia will remain the landlords of the site. Miss Selfridge will be moving into the basement of Topshop next door.

In June, a CVA was approved for Arcadia Group which included the closure of 23 stores. Separate from the restructure, the retail company planned to close 25 Evans and Miss Selfridge stores, including the Oxford Street flagship.

Arcadia was advised by Savills, while Vans owner VF Axtell was advised by CBRE and the new store will be Vans’ biggest site.

It is expected that this will be the first of a number of new tenants occupying Arcadia sites.

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