Expansion
This coverage examines retail expansion strategies and activities within the UK market. Reporting highlights store openings, market entry plans, international growth, investment in new formats, and leadership decisions driving growth. With a focus on commercial opportunities and competitive positioning, it provides insights for executives and managers overseeing strategic development and operational rollout.
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Feb- 2025 -19 FebruaryClothing & Shoes
Club L London turnover doubles to £44m in 2024
Fashion retailer Club L London is targeting international expansion after turnover doubled to £44.4m during the year ended 31 March 2024. According to newly-filed accounts at Companies House, the company achieved a £29.5m turnover in 2023. The Manchester-headquartered retailer said that the increase in turnover happened despite a backdrop in…
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18 FebruaryClothing & Shoes
AllSaints opens new store in Birmingham’s Bullring
AllSaints has announced the opening of its first store of 2025 in Birmingham’s Bullring, a shopping and dining destination located in the heart of the city. The new store spans 3,207 sq ft, spread across two floors, and is located on the upper level of the Bullring, in a site…
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14 FebruaryNews-In-Brief
Today’s news in brief-14/2/25
The fast fashion retailer In The Style is reportedly preparing to appoint administrators as its financial struggles deepen. Acquired by Baaj Capital for just over £1m in 2022, the company saw revenues plummet from £46m to £30.4m in the year ending March 2024, with UK sales dropping to £29m. Despite…
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14 FebruaryClothing & Shoes
Monsoon opens two boutiques at Gatwick airport
London fashion retailer Monsoon has announced the opening of its first two new travel boutiques in London Gatwick’s North and South Terminals. Adorned with the brand’s signature fabric chandelier centrepieces, the boutiques offer a space in which passengers can shop an extended range of ladies beachwear, including some Gatwick-exclusive lines,…
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14 FebruaryClothing & Shoes
Steve Madden acquires Kurt Geiger for £289m
Steve Madden has agreed to acquire UK-based Kurt Geiger from a group led by international private equity firm Cinven for an enterprise value of approximately £289m in cash. In addition to Kurt Geiger London, the brand’s portfolio includes KG Kurt Geiger and Carvela. Kurt Geiger also operates footwear concessions within…
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13 FebruaryNews-In-Brief
Today’s news in brief-13/2/25
Fast-fashion giant Shein is relocating some Chinese supplier operations to Vietnam to circumvent U.S. tariffs imposed during the Trump administration, including a 10% levy on Chinese goods and the removal of a $800 de minimis exemption. Incentives for suppliers include procurement price hikes of up to 30%, alongside Vietnam’s lower…
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13 FebruaryClothing & Shoes
Stradivarius to open new store at Metrocentre
Stradivarius has signed to open a new store at Metrocentre, marking the brand’s first location in the North East. Stradivarius will open an almost 10,000 sq ft space in lower Red Mall this summer, just along the mall from Zara. With an extensive range of trend-driven apparel and accessories, the…
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13 FebruaryClothing & Shoes
Shein to look to Vietnam to avoid Trump tariffs
Shein has asked some of its Chinese suppliers to set up production capacity in Vietnam in a bid to bypass tariffs placed on China by the US, according to reports from Bloomberg. The company is offering suppliers incentives including higher procurement prices of as much as 30% to make the…
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13 FebruaryClothing & Shoes
Birkenstock FY turnover rises 25% to £59.8m amid store expansion
Birkenstock has reported that its turnover rose 25.1% to £59.8m in the year ended 30 September 2024, thanks to a rise in UK revenues due to a bricks-and-mortar store expansion. According to the footwear brand, its sales during the period have been “above initial expectations”. This was also attributed to…
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13 FebruaryClothing & Shoes
Bluestar Alliance acquires Palm Angels
Global brand management firm Bluestar Alliance has announced the acquisition of Palm Angels luxury streetwear brand. The acquisition follows Bluestar Alliance’s recent acquisition of Off-White from LVMH, and underscores Bluestar Alliance’s continued expansion into the high-end streetwear and luxury fashion sectors. Born in 2015, Palm Angels has rapidly become a…
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