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Burberry embraces escape to the countryside

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February 24, 2025

London Fashion Week wrapped up with Burberry sending its Autumn/Winter collection down the catwalk on Monday, capping off a relatively muted event in the rainy British capital.

Burberry – Fall-Winter2025 – 2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

Even the British luxury house sought to ditch the gloom with a show themed around a countryside getaway, transporting its guests to the cozy, old-fashioned charm of a British country house.

Creative director Daniel Lee, who joined Burberry a little over two years ago, was “inspired by the incredible British interiors”, and luxurious fabrics like velvet were used in the famous trench coat, tailored suits and flowing dresses.

Quilted jackets and skirts covered in florals blended into the tapestries draped onto the white pillars of the Tate Britain, while other styles included oversized knit sweaters, perfect for an evening by the fire.

The somber hues, with flashes of bright orange, yellow or blue, were inspired by Lee’s time “in autumn walking in nature, in Yorkshire,” the 39-year-old English designer told reporters after the show.

Lee has tried to give the troubled British house a facelift while remaining true to its traditional, luxury roots, exemplified in his fifth and latest collection.

Alongside former supermodel Naomi Campbell, the runway featured actors who have starred in royal dramas “The Crown” and “Downtown Abbey” as well as Regency-era drama “Bridgerton”, as Burberry tried to slot itself into the roster of traditional storylines seeing a popular revival.

The fashion giant famed for its trench coats and signature tartan print is the subject of rumours about the departure of its creative director, who could be replaced by English designer Kim Jones.

Burberry – Fall-Winter2025 – 2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

However, these were brushed off by Lee. “I love the brand, it’s an incredible brand. It’s really an honour to work for Burberry,” he said.

Burberry, which has been experiencing months of financial difficulty, began an “emergency” refocusing on its iconic products such as its trademark trench coat late last year in a bid to stave off falling sales.

Chief Executive Joshua Schulman was brought in last July and tasked with turning around Burberry’s fortunes.

“Josh has been here for just over six months, and things are going well, things are definitely improving,” said Lee. “I think we’re all in a really positive place.”

Brands across London Fashion Week and the world are grappling with a reduced appetite for luxury products.

Still, there was room for spectacle across the four days — from a captivating monologue by Florence Pugh opening a “rebellious” Harris Reed catwalk to master milliner Stephen Jones flexing his muscles with hats made out of chocolate, satin and even glass.

On the catwalks, 1980’s-inspired bubble skirts, fabrics from seersucker to sheer, plenty of corsets and lingerie, tailoring and streetwear were paraded down dramatic sets dotted around London.

Despite the presence of renowned designers such as Simone Rocha and Richard Quinn, and promising stylists such as S.S. Daley and Harris Reed, several fashion experts said London Fashion Week was falling further behind Paris and New York every year.

“There is a bit of a damp spirit, an empty feeling, to the London schedule at the moment,” Daley told The Guardian newspaper before his show.

Burberry – Fall-Winter2025 – 2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

Caroline Rush, the director of the British Fashion Council which organises London Fashion Week, acknowledged it was “a particularly challenging time” for British brands.

Brands have been dealt several blows following the pandemic, such as Brexit and last year’s closure of the global luxury online platform Matches Fashion.

This year’s event is almost a day shorter than the previous Autumn-Winter 2024 fashion week, with several designers opting for a dinner or presentation instead of a pricier runway show.

Buyers and influencers such as Beka Gvishiani of Style Not Com, an Instagram account that charts fashion news, did not make the trip, while Northern Irish designer Jonathan Anderson was also absent with his brand JW Anderson.

Rush, who is organising her last London Fashion Week, said the event remains “so relevant because … we have so many small independent businesses, they need a platform to be able to show to reach global audiences.”

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Triple mall owner Redical announced new senior hire and promotions

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February 24, 2025

UK commercial real estate owner/operator Redical has announced a key appointment and promotion to its senior leadership team “reflecting the company’s continued success and ambition for future growth”.

Stephen Daniels

Stephen Daniels, formerly vice-president of Asset Management at Jamestown Europe and head of Leasing at rival Hammerson, has joined Redical as head of Asset Management and Regeneration.

Daniels will spearhead the asset team across the evolving portfolio, “driving business plan execution and investment performance with a core focus on The Liberty Romford’s regeneration”, Redical said.

Daniels said of his new employer: “While a relatively young company, Redical has unquestionably demonstrated to the industry it is a serious player and one which sits proudly among the leading corporations out there. However, it is Redical’s ambition, entrepreneurial spirit, unqiue approach and commitment to invest in technology which sets it apart from the rest and really excites me.”

Meanwhile Rachel Bradburn, previously leasing director at Victoria Leeds, has been promoted to head of leasing, acting across the growing portfolio. Working closely with Daniels and heading Redical’s leasing team, Bradburn will be responsible for leading portfolio-wide leasing strategies, while maintaining a core focus on Victoria Leeds.

Rachel Bradburn

In addition, The Liberty Romford’s Dan Tucker has moved from Asset manager to Leasing manager, “helping to unlock the full potential of the destination and drive leasing performance” under Bradburn’s leadership. Annabel Anderson also joins the Redical team as Leasing administrator, “managing transaction pipelines and maximising deal efficiencies as the business grows”. 
 
Comprised of three core assets: Victoria Leeds, The Liberty Romford, and Clayton Square Liverpool in a portfolio totalling almost 1.2 million sq ft, “Redical’s vision of fulfilling unrealised potential for its assets has built strong market momentum since its conception in 2020, as it demonstrates it’s transformative approach, industry differentiation and appetite for growth”, the business said.

Mikko Syrjanen, co-founder of Redical, added: “Redical’s growth is shaped by our people, and we remain committed to strengthening our team with the right talent and leadership. These new additions, together with a series of well-deserved promotions help in positioning Redical to unlock new opportunities and build on our existing momentum as we enter an exciting next stage of growth.”

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Hobbycraft owner Modella buys TOFS

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February 24, 2025

Value retailer The Original Factory Shop (TOFS) has been acquired by specialist retail and consumer investment boutique Modella Capital.

TOFS

It will join 119-store retailer Hobbycraft in the private equity firm’s stable of brands after Modella made a “last minute bid” for the discount chain last week, Retail Gazette reported.

It secured the winning bid after talks between TFOS’ parent company Duke Street and In The Style owner Baaj Capital ended in stalemate.

Variety retailer TFOS operates 180 UK stores, employing 1,800, stocking a wide range of products, from a host of major brands including Calvin Klein, Adidas and L’Oréal and as well as furnishings, DIY and gifting.

In recent years its financial position has become more precarious, particularly for the year to 26 March 2023 (its most recent earnings filing), when it swung to a pre-tax loss of £1.7 million, while sales fell 4% to £118 million.

Fellow private equity firm Duke Street, which has operated TFOS since 2007, had been mulling a sale of the business more recently, eventually appointing advisors at Teneo to oversee an official sales process in December. It previously worked with Deloitte in 2023 to explore a sale.

Modella Capital has yet to comment.

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Marla Aaron opens first UK physical space in Liberty department store

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February 24, 2025

New York-based fine jeweller Marla Aaron has opening her first physical UK retail destination with a permanent shop-in-shop at high-end London department store Liberty.

The dedicated space within Liberty’s ground floor jewellery hall “brings the spirit of the NYC maximalist Diamond District showroom”, featuring an expanded selection of jewellery, exclusive pieces and objects, “all designed to welcome visitors to play”. 

The brand’s arrival will include a charity angle, supported by Liberty. Aaron’s ‘Lock Your Mom’ project, which has run for over a decade in the States, offering single mums the chance to be nominated to receive a special heart lock over Mother’s Day “to recognise them for their amazing work”.

This will be the first time Aaron has run the initiative outside of the US, and Liberty will hold an in-store event hosted by the designer on Mother’s Day (30 March) giving out 100 locks on the day. 
 
Marla Aaron, which “takes a functional maximalism approach to fine jewellery”, launched in 2012 with the recasting of the carabiner Lock into precious metals “quickly expanded into a universe of mechanism-inspired ‘hard-working’ fine jewellery” made by hand in small artisanal workshops in New York City.

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