A new global flagship store is coming to Liverpool One next spring. It will belong to higher-end fashion retailer Tessuti and it won’t mark the brand’s Liverpool debut but its vastly upsized presence there.
The company revealed on Tuesday that it will offer some 15 million shares, which it expects to sell for between $18 and $21 apiece. At $21 a share, Rent the Runway’s valuation could hit nearly $1.3 billion.
Tower London is evolving. The capital-centric footwear retailer is about to open a flagship store in Camden, north London, becoming its first physical opening since a rebranding and heralds a new chapter for the firm.