Just a day after Hammerson and APG said they’re taking full control of Via Outlets, comes news that the UK mall operator may be mulling the sale of its £1.9 billion stake in Value Retail, the Bicester Village owner.
The heavily flagged arrival of Topshop on Asos is set to happen later this month with the Arcadia-owned brand debuting on September 30. ‘Brother’ brand Topman has been available via the online retail giant since June.
Former senior Victoria Beckham executive James Wintle joined the brand as its new digital director on Tuesday. He succeeds Lynn Ritson, who quit her role to become a global digital director at Walgreens Boots Alliance
Ted Baker has announced a new licensing deal for Japanese retail with the UK fashion retailer planning to convert its existing directly-operated business into an exclusive retail license for Japan as of October 1.