The Columbus, Ohio-based owner of the DSW Designer Shoe Warehouse, The Shoe Company and Shoe Warehouse retail chains announced a year-over-year increase of 30.7% in its net sales for the third quarter on Tuesday.
London landlord Shaftesbury has delivered an impressive record in terms of attracting a host of new retailers and increasing footfall to its properties. it has signed over 60 new brands since 1 October 2020.
True Fit has raised new funding with a $30m cash injection as it also reported impressive revenue growth. The data and software firm said it has raised the finance as the $2trn apparel market has shifted online fast.
Originally associated with Britain's aristocracy and gentlemen farmers, the textile is now being made a key element in the collections of major brands, including Chanel, Dior, Yves Saint Laurent and Hermes.
The luxury label has poached its new deputy general manager, US executive Siddhartha Shukla, from premium label Theory, where Shukla was chief brand officer. He replaces Arnaud Bazin, who joined Lanvin last year.
Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
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