Saudi’s Public Investment Fund (PIF) has struck a deal to become the junior partner in the London-based department store Selfridges after buying out bust Austrian property tycoon Rene Benko’s Signa. The new deal sees PIF increase its stake from 10% to 40% – in both the property and operating businesses of Selfridges. Thailand’s Central Group,…
British YouTube group The Sidemen, fronted by rapper and boxer KSI and formed in 2013, have opened a SDMN Clothing store at Bullring & Grand Central in Birmingham. The Sidemen, described by the BBC as a “super group of UK creators”, are among the most high profile internet personalities in Europe, having secured over 21.6…
NuORDER by Lightspeed, a B2B commerce platform powering wholesale buying and selling, has today announced the appointment of Chris Akrimi as Head of Revenue for Lightspeed B2B / NuORDER. Akrimi most recently held the role of CEO at The Layer, a technology company transforming commerce data through artificial intelligence (AI), where he focused on positioning…
American fashion designer Tom Ford will receive the Outstanding Achievement Award at The Fashion Awards 2024. A leading figure in the world of fashion and luxury, Ford’s business acumen, impeccable tailoring and daring designs will all be celebrated on 2 December at the Royal Albert Hall in London. Caroline Rush, CEO of the British Fashion…
The biggest annual date in the Christmas marketing calendar, the new John Lewis advert, was unveiled to great fanfare earlier this month. The story is about a young boy excitingly planting a seed to grow a Christmas tree and instead finds himself confronted with a giant Venus flytrap. The unruly carnivorous plant doesn’t fit the…
This year’s Black Friday is on track to be the “busiest ever” as shoppers shake off cost-of-living woes to make the most of festive deals, spending data has revealed. Nationwide Building Society said that sales volumes on Friday show people have been making more purchases than this time last year. By midday, customers had made 3.22…
Luxury fashion brand Stella McCartney has appointed Amandine Ohayon as its new Chief Executive Officer, effective 1 December 2023. She will succeed Gabriele Maggio, who will step down next month to “pursue other opportunities” after joining the business in October 2019. Ohayon joins Stella McCartney from luxury bridalwear brand Pronovias, where she most recently served…
Tommy Mallet has left the eponymous footwear brand he founded in 2015, revealing on his Instagram account that he is “fully starting from scratch”. According to Mallet Footwear Ltd company accounts, Mallet, birth name Tommy Fordham, resigned from his position as Director on 31 October 2023. On the same day, Christopher Stephenson re-joined the company…
Crisis, the charity that tackles homelessness in the UK, is returning to Savile Row for the fourth year running with a Christmas pop-up packed with one-off designer pieces and items donated by celebrities. Hosted by developer Henigman at the decommissioned West End Central police station at 27 Savile Row, the pop-up will run from 4-14…
Fashion and homeware retailer Joe Browns is opening its first store in its home city of Leeds at the White Rose Shopping Centre on 2 December 2023. The 3,000 sq ft store will showcase “the very best the retailer has to offer” across womenswear, menswear and home, carrying some 400 lines. It marks the retailer’s…
