The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
LONDON, United Kingdom — Philip Green's Arcadia fashion group has secured the refinancing of a £310 million ($398 million) loan on his flagship Topshop store on London's Oxford Street, it said on Friday.
"The Arcadia Group Ltd is pleased to confirm it has completed the refinancing of its £310 million loan on 214 Oxford Street for four years term with Apollo Management International LLP," it said.
In June, Green's empire staved off a collapse into administration when creditors narrowly approved his restructuring plan.
By James Davey; editor: Sarah Young
Demand for leggings and sweats may have peaked, but the pandemic’s comfort-first aesthetic is hardly dead. It’s simply mutating into something else: a yet-to-be-named category that incorporates stretch and softness into a staggering number of fashion staples, from trousers to jumpsuits.
A year after making a splash in the shapewear market, Yitty is expanding its product offering to underrepresented gender identities and ramping up its customer engagement efforts.
In an uncertain economic environment, brands are turning to their customers for investment. BoF unpacks how companies can benefit from this approach typically favoured by start-ups.
The luxury resale platform’s CEO John Korryl spoke with BoF exclusively about new revenue streams, consignment updates and other ways of reaching profitability after a decade of losses.