Soho
-
May- 2025 -1 MayNews-In-Brief
Today’s news in brief-1/2/25
The Co-op has shut down parts of its IT systems after hackers attempted unauthorised access, causing minor disruptions to call centres and back-office operations. Stores, funeral homes, and quick commerce services remain unaffected. The company assured customers no action is required but is monitoring the situation. This follows a recent…
Read More » -
1 MayLuxury Goods
Frasers Group eyes Matches relaunch as exclusive members’ club
Frasers Group is reportedly looking to relaunch Matches Fashion as an exclusive members’ club, according to The Times. Having brought the luxury fashion platform back in a pre-pack deal last April for £19m, Frasers is understood to have collated proposals that could see Matches be turned into “the Soho House…
Read More » -
Mar- 2025 -31 MarchFeatures
Topshop’s comeback: a boon for the high street?
Topshop is back. Once a beacon of British high street fashion, the brand has teased its return to reclaim its position in the retail landscape. But in an era dominated by digital-first brands, resale platforms, and evolving consumer habits, does Topshop have what it takes to thrive again? The journey…
Read More » -
Jan- 2025 -8 JanuaryClothing & Shoes
Carhartt WIP, Ronning and Blackhorse Lane Ateliers open shops in Soho
Lifestyle apparel brand Carhartt WIP, fashion retailer Ronning and craft jean maker Blackhorse Lane Ateliers have all opened new stores in Soho, London. Carhartt WIP has launched its new 4,000 sq ft flagship, relocating from 72-74 Brewer Street into a larger unit in the same street at 33-35. The store…
Read More » -
2 January
Today’s news in brief-2/1/25
Lidl reported its best-ever Christmas performance, with turnover surpassing £1bn for the first time, a 7% increase over the four weeks to December 24, 2024. The retailer attracted over 2m additional customers, with December 23 marking its busiest day. Key contributors included the expansion of its British supply base by…
Read More » -
2 JanuaryClothing & Shoes
Barbour profits surge 12.3% to £39.6m
British outerwear brand Barbour’s operating profits surged 12.3% to £39.6m for the year to 30 April 2024 despite a 6.2% drop in turnover to £321.8m. According to Barbour, its profits were driven by a focus on cost reductions and foreign exchange gains. However, its turnover was affected by a challenging…
Read More » -
Dec- 2024 -23 DecemberNews-In-Brief
Today’s news in brief-23/12/24
Fashion retailer Quiz plans to delist from the Alternative Investment Market (AIM) and re-register as a private company following weak sales and financial strain. A shareholder vote, requiring a 75% majority, is scheduled for 8 January 2025, with the transition set for 23 January if approved. The company cited regulatory…
Read More » -
23 DecemberClothing & Shoes
Boohoo offloads head office for £49.5m
Boohoo has completed the sale of its London office for a total of £49.5m. Located on Great Pulteney Street, Soho, the site was sold to Global Holdings UK Limited, an independent property fund. Boohoo said the move would help to “further strengthen the company’s balance sheet”. Part of the proceeds will…
Read More » -
17 DecemberNews-In-Brief
Today’s news in brief-17/12/24
Shein’s potential London IPO may challenge regulatory norms as the company reportedly seeks a waiver from the UK’s 10% public float requirement. If successful, it would mark a first for London’s stock market. Shein filed confidentially with the FCA in June but faces delays due to regulatory scrutiny, including concerns…
Read More » -
17 DecemberNews
Boohoo head office sale halted after investor walks away
Boohoo’s head office sale has been halted due to an Israeli investor walking away from negotiations, according to The Telegraph. The prospective buyer, who was in talks to acquire the retailer’s Soho office for £60m, has pulled out due to concerns raised by a survey. The retailer purchased its six-story…
Read More »
