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Bimba y Lola increases sales by 7% and expands its global online presence in H1 2025

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3 months ago

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Nazia BIBI KEENOO

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September 15, 2025

Bimba y Lola increased its sales by 7% in the first half of fiscal 2025. Although the brand did not disclose its turnover figure, the Spanish fashion and accessories company stated that its performance was “positive” in both Spain and in its other international markets. International sales accounted for 44% of total business.

Bimba y Lola store in Shanghai – Bimba y Lola – LinkedIn

In the first six months of the year, Bimba y Lola expanded its network to 311 points of sale — one more than at the end of 2024 — across 32 markets in Europe, the Americas, and Asia. The brand’s physical retail network, which added a store in Monterrey, posted a 6% increase in sales for the period.

The brand’s online channel accounted for 20% of business in the first half and recorded 12% year-on-year growth. During the same period, Bimba y Lola launched its global e-commerce platform, “now available in virtually every country in the world, where it is possible to buy the brand’s collections directly through bimbaylola.com,” according to the Galician label.

In the second half of the year, the company has taken key steps, including the opening of its first store in China, located in Shanghai.

The brand, founded by sisters María and Uxía Domínguez, reported a turnover of €234 million in 2024 and is celebrating its 20th anniversary in 2025. Earlier this year, it partnered with the National Gallery in London — also marking its own bicentenary — and, in keeping with its artistic affiliations, Bimba y Lola will support the upcoming retrospective dedicated to Maruja Mallo at the Reina Sofía Museum in Madrid.

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Gieves & Hawkes opens new store as it returns to Bath

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45 minutes ago

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December 10, 2025

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December 10, 2025

Frasers Group’s Gieves & Hawkes brand is continuing to expand at retail and has returned to the city of Bath with the opening of a store in the newly redeveloped Shire’s Yard. 

Gieves & Hawkes, Bath

Bath is a key destination for both UK and and international tourists, as well as having an affluent local catchment, so it looks like a strong move for the heritage menswear brand.

The 2 Broad Street store is set across three floors in a prime location at the heart of the city with the company saying the opening is “a significant moment in the brand’s continued celebration of craftsmanship and heritage”.

The space covers 2,085 sq ft and showcases the full breadth of the Gieves & Hawkes offering, from ready-to-wear tailoring and “refined” casualwear to the made-to-measure service for which the label is known.

Managing director Jason Gerrard said of the opening: “Bath is a city where Gieves & Hawkes has enjoyed a longstanding presence and loyal following. The opening of our new store is within the exceptional Shire’s Yard development, and we are privileged to be part of its vibrant community. Our new store represents our long-term commitment to Bath and the Southwest.”

Gieves & Hawkes, Bath
Gieves & Hawkes, Bath

The Bath return is part of an ongoing national expansion strategy. Earlier this year, in a 254-year retail first, the brand opened a store-in-store within Frasers Group’s Flannels flagship in Leeds.

At the time Frasers said the debut “marks a significant milestone in the brand’s history and is a precursor to a wider regional expansion strategy to tap into a desire for craftsmanship, integrity, and authenticity outside of the capital”.

Bath is clearly another step in that journey.

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Marc Cain names Marc O’Polo’s Patric Spethmann its new CEO

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1 hour ago

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December 10, 2025

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December 10, 2025

German womenswear brand Marc Cain has named a new CEO and it’s clearly preparing well in advance as he’ll take the reins of the business as of June next year.

Dr. Patric Spethmann – MARC O’POLO

He’s Dr Patric Spethmann, who will be responsible for all areas of the business. Helmut Schlotterer, founder and owner of Marc Cain, will remain chairman of the board, “primarily to mentor Patric Spethmann and act as a coach and advisor”.

So what is it about Spethmann that made the company (whose products are available internationally include the US and UK) pick him? He joins from Marc O’Polo, where he most recently held the position of COO. There, his focus was on “optimising internal processes, increasing the efficiency of workflows and organising structures”.

“In Patric Spethmann, we have gained a leader who brings with him many years of experience in the industry. Together, we will set the course for maintaining our brand and values and strategically driving them forward. This puts us in an excellent position for the future and enables us to respond quickly and efficiently to the challenges of the new era,” Schlotterer said.

And Spethmann added: “I am very much looking forward to joining Marc Cain in June 2026. As a leading player in the field of premium women’s fashion, I am particularly impressed by the company’s extraordinary innovative strength and its clear focus on forward-looking technologies. This combination of creativity, quality and progressive thinking makes Marc Cain, in my opinion, a company that sets trends for the entire industry.”

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South Africa’s Mr Price makes European debut through German value retailer deal

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2 hours ago

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December 10, 2025

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Reuters

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December 10, 2025

South African fashion retailer Mr Price will acquire NKD Group, a German-based discount retailer for up to 487 million euros ($567.55 million), it said on Wednesday, marking its first entry to the European market. By 1030 GMT, Mr Price shares were down 13.35%. 

A shopper pushes a trolley outside a branch of South African clothing and homeware retailer Mr Price, at the Trade Route Mall, in Lenasia outside Johannesburg, South Africa, February 8, 2023 – REUTERS/Siphiwe Sibeko/File Photo

Mr Price said that NKD, an apparel and homeware retailer with 2,108 stores in ⁠seven Central and Eastern European countries, is a strategic fit. Market data indicates that the growth in the value ⁠retail market is outpacing that of the overall retail market. In Europe, value retailing accounts for about 22% of the market.

“After meeting the NKD team, it was ‍evident that ‌this was the right business to pursue,” said the group’s Chief ⁠Executive Officer Mark Blair. “Like ‌us, they are value-retailers at heart and have a very ‌clear understanding of who their customer is and how to best serve them,” he added.

The acquisition of NKD, which is from funds managed by TDR Capital LLP,  includes the purchase of all NKD ‍shares and income from shareholder loans. The deal will be settled using a mix of existing cash reserves and debt facilities, Mr Price ‌said in ⁠a ​statement.

The transaction is subject to regulatory approvals, including clearance ⁠from ​the European Commission and the South African Reserve Bank. It is expected to close by the second quarter of 2026, Wednesday’s statement said.

Once completed, ​Mr Price’s annual revenue would increase to approximately 53 billion rand ($3.12 billion) from 40.9 billion rand, while ⁠the number of its stores would ⁠reach more than 5,000, up from around 3,100,  and it would have more than  40,000 employees.

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