Bally has gone for big and bold with its new London flagship store. Situated on Regent Street, the latest Bally Haus concept store comes with a high degree of historical and contemporary artistic content.
It hasn’t taken long to hear who’s moving into the location that Superdry is vacating on Regent Street. Fast Retailing has just announced that it will be taking up residence with its Uniqlo and Theory brands.
Superdry CEO Julian Dunkerton has been presented with Organic Ambassador status at the BOOM (Best of the Organic Market) Awards 2021, citing his “passion for organic” in his vision for the retailer’s future.
Major central London landlord Great Portland Estates (GPE) issued a trading update on Thursday and said that “momentum is building”. It also confirmed that Superdry is exiting its Regent Street flagship.
Eyewear specialist Inspecs reported results for last year on Friday with plunging revenues and a net loss, although the company highlighted its “positive momentum in 2020 creating a strong platform for growth in 2021”.
Forget fast fashion, it’s becoming all about quality clothing, especially for Gen Z consumers. According to a Superdry survey of 1,000 people in the UK, 59% prefer to buy quality, sustainably-made clothing.
The Touchwood shopping centre in Solihull has a new owner. US-based real estate investment and asset management firm Ardent Companies has bought the Midlands mall from Lendlease Retail Partnership for an undisclosed sum.