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.
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.
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.
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.
Alice Hall, co-founder of online fashion retailer Pink Boutique, has left the business to focus on a separate venture. Co-founder Julie Blackie remains as managing director alongside new CEO David Quinn.
Fenwick has been struggling for some time and with its shops now closed and it's still-young online operation also not functioning, the family that owns the retailer has ousted its chairman and managing director.