Charles Tyrwhitt
This coverage explores Charles Tyrwhitt’s strategy and performance in the UK retail market, offering insights for executives, managers, and brand professionals. Reporting includes store openings and closures, marketing campaigns, leadership changes, product developments, and its positioning within the menswear and formalwear sector. The analysis supports professionals in understanding the brand’s growth, customer engagement, and competitive approach.
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Apr- 2025 -24 AprilNews-In-Brief
Today’s news in brief-24/4/25
Chancellor Rachel Reeves is reviewing the Low Value Import scheme, which allows goods under £135 to enter the UK tariff-free, amid concerns over Chinese companies flooding the market with cheap products. Major retailers like Next, Currys, and Sainsbury’s have warned that such imports could undercut UK businesses. The potential reform…
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24 AprilClothing & Shoes
Charles Tyrwhitt FY turnover rises 13.6% to £305.8m
Charles Tyrwhitt has reported that its turnover increased by 13.6% to £305.8m in the year to 3 August 2024, of which 45% was derived in the UK and 55% in the USA, Germany and Australia. The retailer of men’s apparel and accessories attributed its performance to “a generally helpful economic…
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Mar- 2025 -12 MarchNews-In-Brief
Today’s news in brief-12/3/25
Inditex, the parent company of Zara, reported a strong financial performance for FY24, with sales rising by 10.5% to €38.6bn and profit-before-tax increasing by 10.3% to €7.6bn. The company achieved these results with 2.0% more commercial space and 2.3% fewer stores compared to 2023, reflecting its ongoing store optimization and…
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12 MarchHigh Street
ProCook appoints new retail director
ProCook has announced the appointment of Joe Pennington as its new retail director. In the past Pennington has held key roles at renowned brands such as Ralph Lauren, Topshop/Topman, White Stuff, and most recently has spent the last eight years with Charles Tyrwhitt. In these previous roles he was said…
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Oct- 2024 -9 OctoberClothing & Shoes
Charles Tyrwhitt to open new shop in Trafford Centre
Formal menswear brand Charles Tyrwhitt is set to open a new shop in Trafford Centre in November. The new 1,776 sq ft shop will be located on Upper Regent Crescent and will stock all the brand’s latest Autumn Winter 2024 collections. The collection features both formalwear and casualwear, including shirts,…
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May- 2024 -24 MayNews
Today’s news in brief-24/5/24
In April, retail sales volumes dropped by 2.3% following a 0.2% decline in March, primarily due to ongoing wet weather, as reported by the Office for National Statistics (ONS). Non-food stores experienced a significant 4.1% fall, equalling the largest drop since January 2021, with clothing, sports equipment, and furniture retailers…
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24 MayClothing & Shoes
John Lewis launches UK’s ‘largest range’ of rentable menswear
John Lewis has unveiled the “largest range” of menswear brands available to rent on the high street, with the likes of Boss Tailoring, Charles Tyrwhitt and new brand Hay Life among others. Searches for “Mens Rental” have been consistently in the top 30 search terms on JL.com for the past…
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Apr- 2024 -15 AprilNews
Today’s news in brief-15/4/24
Dr. Martens has initiated legal action against online retailer Temu for alleged trademark infringement. Dr. Martens claims that Temu used keywords like “Dr. Martens” and “Airwair” in Google ads to promote its boots, gaining visibility over Dr. Martens’ authentic products. While the lawsuit was filed in the High Court, the…
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15 AprilClothing & Shoes
Charles Tyrwhitt sales jump 45% to £269.2m in FY23
Charles Tyrwhitt’s sales jumped 45% to £269.2m during the 52-week period ended 29 July 2023. The retailer said that the majority of the company’s turnover is due to its digital channel.49% of turnover was derived in the UK while the remaining 51% from its operations in the USA, Australia and…
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Mar- 2024 -25 MarchShopping Centres
Cribbs Mall to welcome Sweaty Betty store
Cribbs Mall has announced that Sweaty Betty will be opening a new 1,714 sq ft store at the West Country shopping centre. The activewear retailer’s arrival comes as the shopping centre experienced a bumper 2023, with over 110,000 sq ft of leasing activity that took the occupancy rate to nearly…
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