Fenwick has a new non-executive chairman. Simon Calver has been appointed to help steer the family-owned UK department store chain through a series of sweeping changes, specifically its e-tail operations.
As Fenwick prepares to reopen, its CEO has predicted “ a good opening, but a slow recovery as well”. Yet overall, he’s confident it's on the right track and can do well in the changed retail world of the future.
The still-new CEO of the Fenwick chain has spoken of how the company is doubling down on its efforts to drive e-tail sales. It's also widening its appeal with street brands and is upbeat for December footfall.
Struggling British department store Fenwick saw its losses growing prior to the pandemic downturn, it has been revealed. The family-owned retailer said that its losses widened to £47.3m in its latest year.
Pentagram was tasked with creating a new “timeless” logo to appear on the store front, packaging and website. The new design retains the brand's purple, but the gold has been refined to enhance the new typeface.
While stores in Bracknell, Brent Cross, Canterbury, Colchester, Kingston, Newcastle, Tunbridge Wells and York will reopen all departments, shopping at the Bond Street flagship will look very different post-lockdown.
The owners of fashion businesses like River Island, The Edinburgh Woollen Mill Group, Arcadia, Charles Tyrwhitt, New Look and Monsoon Accessorize have all seen their estimated personal wealth fall over the past year.