Sales and profit at Arcadia fell last year according to press reports, with the retail giant seeing the same squeeze as many peers. Reports also suggest it is seeking a new strategy to battle pureplay e-tailers.
The cosmetics brand has opened its first standalone store in the South East at Bluewater. The site recreates the look and feel of the company’s original photo studio in Los Angeles, where the beauty label was born.
The White Company has opened an upsized store at Bluewater having almost doubled its presence in the major mall to not long after Gap opened a flagship location and ahead of the new Missguided opening there.
Streetwear fashion retailer Footasylum has chosen shopping centre Centre:mk in Milton Keynes for its newest UK store. It joins a string of new retailers at the mall including Kiehl's, Molton Brown and The White Company.
Fiona Ross has become the latest exec to resign from the Arcadia fashion group with news of the MD of the Evans chain’s departure coming shortly after it was learned that Topshop’s boss Mary Homer is also to leave.
Topshop is to lose its long-serving MD with Mary Homer set to leave to run fast-expanding lifestyle chain The White Company as it prepares to enter the US. Topshop is now seeking a star MD from outside the organisation.
Upscale UK lifestyle brand The White Company will open its first physical store in the US in June with the opening of an international flagship at 155 Fifth Avenue, in the Flat Iron area of New York City.