The 30-year-old Wheatsheaf Shopping Centre in Rochdale is set to close forever once the current English lockdown comes to an end, with MCR Property Group drawing a line under its three years operating the mall.
New Look has this week completed its major recapitalisation that “significantly reduces long-term debt and provides financial strength and flexibility to deliver a sustainable trading platform for the company,” it said.
It can be hard to work out which names dominate UK fashion retail given the mix of online and offline shopping, but a new study has reimagined how the high street would look if e-tailers competed with physical stores.
One felt a little like genuflecting entering the stage set of Christian Dior on Tuesday, when the house’s designer Maria Grazia Chiuri staged her latest feminist fashion opus, set in a concept-art cathedral.
Asda looks set to change hands, possibly as early as this week, with owner Walmart having entered exclusive talks with private equity firm TDR Capital. Walmart is expected to sell a controlling stake for over £6.5bn.
Raf Simons made his collaborative debut with Miuccia Prada on Thursday afternoon, in the most keenly anticipated runway show in the world this year. And the result was a powerful collection, a newer New Look.