Sustainable intimates brand Stripe & Stare has secured £2.5 million in extra funding from BGF and a consortium of investors. The investment will be used “to drive UK and international sales”, S&S said.
Fashion, art, retail and technology are drawn together in a first-of-its-kind, multi-layered cultural collab featuring the work of artist Victor Vasarely and fashion house Paco Rabanne at Selfridges’ London store.
Selfridges Retail Limited has filed its full accounts for the year to the end of January 2021 and they show the devastation that the pandemic wreaked in what should have been another good year for the company.
After a busy Christmas trading period for many retailers, now comes the downside. It’s that time of year when unwanted gifts are being returned, and this year’s tally could add up to £3.2 billion, says ParcelHero.
The new owners of Selfridges have major property development plans for the site in Oxford Street, London, with a luxury hotel and flats to be created. They will also continue to upgrade the main department store.
It’s official — Thailand’s Central and Austria’s Signa are buying Selfridges Group from the Weston family. The transaction “will create one of the world’s leading omnichannel luxury department store groups”.
Hurr’s desire to “scale up its disruption of women’s fashion” has been given a boost. The London-based fashion rental platform has raised $5.4m (£4.1m) in seed funding from Octopus Ventures to expand its operations.
Burberry is putting plenty of support behind its outerwear this season and has opened its latest Imagined Landscapes pop-up with a debut at Selfridges in London where it already has a large concession.