European Topsoho, owner of the SMCP group and a subsidiary of China's troubled Shandong Ruyi group, seems unable to repay its bond debt maturing on Tuesday, and its creditors might acquire a stake in the company.
New Look has named Mike Coupe as its Non-Executive Chairman, succeeding Alistair McGeorge who’s been in the chairman’s seat during a particularly turbulent time for the company. Coupe joins on 29 September.
The revitalisation of Croydon in Southeast London is nowhere near to completion as the pandemic has seen the major parties involved (URW and Hammerson) abandoning big plans to redevelop the Centrale & Whitgift Centre.
Value fashion specialist New Look issued a trading update and its annual results on Tuesday and said it had made a “solid start to FY22 trading following store reopenings after [a] resilient FY21 performance”.
It’s not just about attracting new businesses but also keeping existing ones. So landlord Grosvenor Britain & Ireland has announced three new deals with New Look, Skechers and Kenji to keep the brands at Liverpool One.