The shock of the planned House of Fraser closures has been followed up by intense speculation with analysts debating the chances of the firm’s CVA being approved by its creditors, as well as HoF’s long-term prospects.
The new owner of Belstaff has been named Britain’s richest man in the latest Sunday Times Rich List. Self-made businessman Jim Ratcliffe is chairman/CEO of chemicals company Ineos, which acquired Belstaff last autumn.
The fashion house, piloted by Goga Ashkenazi, is turning environmental via a collaboration with the English visual artist Marc Quinn. The result is 'Sustainable Surf', a collection created from sustainable materials.
Department store chain House of Fraser’s new majority owner has a major challenge ahead as it battles to bring the retailer back to health with Thursday seeing HoF posting a shock almost-£44 million loss for 2017.
Luxury handbag designer Sophie Hulme is to open her first permanent standalone boutique this spring, taking a space on Chiltern Street, while menswear brand Dashing Tweeds will open on nearby Dorset Street.