Oxford Street’s status as not only London’s and the UK’s but also Europe’s busiest shopping thoroughfare has long meant that brands open not just one but multiple flagships along its 1.2 mile/1.9km length.
And the latest brand to do that is Pandora, which on Wednesday unveiled a new Oxford Street West store.
The fourth branch of Pandora on the street, it’s at number 374 in a space occupied by The Body Shop for many years. It’s a prime position opposite Bond Street tube station — the underground station that delivers million of visitors every year to the area.
It’s offering the brand’s full jewellery collections, including its Lab-Grown Diamonds and engraving services, and has been designed to stand out.
The company said it was created “with the clear mission to enhance the brand’s visibility on one of the world’s busiest shopping streets. While it is the fourth Pandora location on Oxford Street, it introduces a bold, custom store typology – the first of its kind in London”.
The store features Pandora’s first fully tiled façade, “with striking entrance and window portals that maximise transparency, product display, and marketing visibility”.
Inside, “the layout has been specifically designed to showcase Pandora’s elevated collections, such as Lab-Grown Diamonds, while allowing for seamless client circulation, creating a fluid and immersive experience from the outside in”.
The company’s UK marketing director Sarah Chenery said the company “set out to create more than just a normal store – we wanted to deliver a powerful statement for the brand. The façade was designed to provide real stopping power, while also inviting passers-by into the world of Pandora. Every detail of the store is intended to connect with clients in a meaningful and memorable way. We achieved this by carefully balancing architectural design, brand storytelling, and product visibility to create an experience that truly reflects Pandora”.
The brand has a number of opening day inducements such as the first 50 My Pandora members who visit the store on the day receiving a £50 voucher and a pre-engraved London skyline charm, designed by a retail team member to add a local touch.
There’s also a live illustration event with fashion illustrator Angelica Roselyn on Friday and Saturday. She’ll be offering live gift box illustrations for customers.
Led by designer Zac Posen, the collection, which debuts for Spring 2025, gives a fashion-forward spin on the brand’s classic wardrobe staples.
Zac Posen brings his elevated vision to GapStudio. – Photographed by Mario Sorrenti.
“Gap, but make it elevated.” That is the mandate by the Executive Vice President, Creative Director of Gap Inc., and Chief Creative Officer of Old Navy Zac Posen, which has set forth for the brand’s new GapStudio offerings. Since taking the reins in February 2024, Posen has overseen all four brands—Gap, Banana Republic, Old Navy, and Athleta—and has infused his designer sensibilities into the mass-market sportswear and athletic offerings. Besides churning out great merch, Posen’s task is bringing cultural relevance back to the brand that has ebbed and flowed in the fashion conversation.
Debuting its first fully merchandised GapStudio collection, Posen spoke to FashionNetwork.com from its Tribeca headquarters about the new venture for the American brand most famous for its “normcore” aesthetic.
“Shortly after joining, I had an amazing opportunity to dress Da’Vine Joy Randolph (Academy Award winner for Best Supporting Role in the movie “The Holdovers”). I put together a studio of freelance designers to introduce an artisanal clothing creation process.
The day after, Anne Hathaway wanted a white shirtdress, so that happened. We produced it quickly, and it sold out quickly. Soon after, Gap Inc. CEO Richard Dixon and Gap brand president and CEO Mark Breitbard considered the GapStudio idea. It’s important that you are performing while transforming and continuing to operate.
The idea was to create one-of-a-kind cultural moments, such as the red carpet, and have a studio as a creative incubator to make this elevated capsule collection that references the codes of the Gap but further evolves them. It’s a bit younger, bringing in younger customers while keeping existing ones. It’s a really important space to play with,” Posen said.
While select pieces were introduced previously, Spring 2025, aka Collection 01, marks the first complete collection, which will bow at ten select locations in the U.S. and internationally in London, Dubai, Mexico City, Prague, Tokyo, and online at Zalando. In New York, the Flatiron store, Times Square, and the East 86th Street location will carry GapStudio. The collection will also be available online at Gap.com under its own vertical.
The collection—which focuses on “style, craftsmanship and quality,” according to a brand release—sees a tailored blazer for $178, something Posen felt was missing; a trench coat at $248; lots of wide-legged denim; miniskirts and bloomer-style skirts; long slip dresses; jersey tank dresses; and shirting-style dresses that, in khaki and white respectively, for example, play upon the brand’s codes of khaki pants, white T-shirts, and tailored shirts, as well as the infamous denim.
The collections also feature luxe knits in tops and dresses Posen says are perfect for date nights and edgy denim corsets and bralettes that beckon Gen Z. The founders’ Donald and Doris Fisher art collection also inspired a cut-out detail on a dress back. A sneak peek at the Summer 2025 collection included breezy, lightweight styles in denim-effect chambray and indigo tie-dye.
“Gap is deeply rooted in an amazing merchandising history, creating it as a modern formula. It changed the game. As we look to the customers of the future, we learn from that incredible knowledge, especially with today’s analytics and data. At the same time, it’s essential to remember creativity—and my role as creative director includes protecting the creative community at all my companies—so we can balance that with the design language. That dialogue will take us to the future with the customer,” Posen continued.
Posen was also quick to point out his fascination with the denim finish process and the origins of the fiber, which comes from cotton and indigo plants. “Working with the washhouses is so cool. People don’t realize how artisanal even getting a seam like this that has been brushed is,” he added.
Also cool is Posen bringing stylist Alistair McKimm into GapStudio to consult. Posen is returning the denim brand to its glory days for the campaign by enlisting Mario Sorrenti to shoot it, featuring Alex Consani, Imaan Hammam, and Anok Yai. In the past, photography legends such as Albert Watson, Annie Leibovitz, Steven Meisel, and the late Patrick Demarchelier have shot for the brand.
Alex Consani, Imaan Hammam, and Anok Yai in GapStudio’s Spring 2025 denim collection. – Photo credits: Mario Sorrenti
“I needed to bring in somebody I thought understood to capture those iconic moments. So, you can see one of our images just starting to see this different kind of elevated vision,” Posen said, pointing to a teaser image of the campaign of three models in the white knit T-shirts and jeans.
Whether the images will resonate with Gen Z, who tend to view the Gap as their parents’ brand, Posen says that data shows headway into the younger consumer in the past year, partly because of moments with celebrities like Randolph and Hathaway but also a surprising stat.
“We’ve entered into cultural zeitgeist with campaigns that we’ve had, and it’s reentered the conversation and been reintroduced. Younger audiences are shopping again in stores; malls are back. They’re filled on the weekends, becoming an experience again. Maybe the original target was nostalgia, but they’ve rediscovered the brand and have reclaimed it on their own,” Posen noted, citing data to back it up.
In elevating the collection, Posen didn’t rule out leather, suede, cashmere, and other luxe materials in subsequent collections. Roughly twenty years ago, earlier designs involved higher-end materials.
Photo credits: Mario Sorrenti
“It’s always interesting to find interesting ways to bring in hints of luxury that a customer will appreciate, but we have very strong standards in production, sustainability, et cetera, so they have to fit into the scheme. It’s not easy to find things that fit the price and meet the sustainability markers,” Posen noted.
He was also quick to differentiate the new offerings from Banana Republic, which long held Gap’s “elevated” offering. “It’s a different customer and price point and more fashion-forward,” he said, noting that as they sell jeans at three of the four Gap brands, keeping an eye on each’s own POV is his job.
Denim trends may be the strongest style indicator across the consumer sector; it’s obvious to see a shift. Lately, the runways in Europe have signaled the return of skinny jeans, which didn’t stay dormant long enough for some.
“Skinny jeans, whatever floats your boat. We make enough styles that you can find your fit or style. Old Navy this year, we have every fit from the Rockstar to the Pixie and trend pants that flow there. At Gap, we have the Nineties, low-rise, high-rise,” he suggested, adding. “We watch trend curves and follow analytics and even AI. But another thing you do as a designer is to be a cultural receiver dish, have your finger in the wind, and fuel stuff, too.”
Capri Holdings’ finance and operations head, Thomas Edwards, will leave the U.S. luxury holding company to assume similar roles at department store chain Macy’s.
At Macy’s, Edwards, who will join in June, will help strengthen CEO Tony Spring’s years-long turnaround efforts, which have focused on cost cutting and boosting luxury sales.
The change comes as Capri looks to rebuild its business following the demise of its $8.5 billion deal with Tapestry, and reports of Italian luxury group Prada moving closer to a deal for its Versace brand.
Shares of Macy’s, which reiterated its first-quarter sales and profit forecasts, rose nearly 3% in early trading. Capri’s shares fell 1%.
In March, Capri said Donatella Versace would step down as the main designer for Versace after almost three decades, further fueling talks of a sale of the iconic brand.
Macy’s has struggled as customers paused purchases of non-essential items such as apparel and footwear due to sticky inflation.
CEO Spring has laid out plans to close 150 namesake stores through 2026, reinvest in high-potential locations and rely on its luxury outlets Bloomingdale’s and Bluemercury to lift sales.
“Macy’s is definitely making a bigger push in luxury in general … maybe that was a reason why they were interested in hiring a CFO from a company in a luxury space,” said Morningstar analyst David Swartz.
Edwards, who will remain with Capri until June 20, will replace Adrian Mitchell. Mitchell, 51, appointed finance head in 2020, took on the operations head role in March 2023 when Spring was named the CEO.
Capri unit Michael Kors‘ Rajal Mehta will become the interim CFO of the parent firm, the company said.
M&S continues to roll out new and improved stores in the northwest of England as part of a £50 million investment in eight physical retail units, creating 300 new jobs for the region.
The rollout, which began last week at the reopened Gemini Retail Park, Warrington, Cheshire, includes plans for of a total of 100,000 sq ft of new stores including in Speke and Formby, while stores in Thornton-Cleveleys, Blackburn and Bolton will be food-hall based.
The New Mersey Retail Park store in Speke is to move site and undergo a transformation from a Food Hall to a full-line store, creating 100 jobs and bringing M&S Clothing, Home and Beauty to customers in south Liverpool.
Building on the success of the full-line city centre store in Liverpool One, which opened in 2023, the new store in Speke New Mersey “will bring the best of M&S to customers in the south of the city”, it said.
M&S, which has 62-owned stores across northwest England, spanning the region from Carlisle to Chester, said the three-year investment plan “is another step forward in [our] store renewal and rotation programme, focused on having the right stores in the right places and is a key strand in the business’s transformation as it reshapes for growth”.
The retailer said it’s aiming to have “180 higher-quality, higher-productivity full-line stores that sell the full Clothing, Home and Food offer”.
Will Smith, Property director at M&S, added: “As we reshape for growth, we want to open new stores we can be proud of and that deliver the best possible shopping experience for customers. Our pipeline of stores for 2025 demonstrates our continued investment in market-leading stores as we deliver our transformation priorities.”