Step by step, Sunspel is steadily expanding its footprint. In Paris, the English specialist in timeless luxury has set up shop at 38, rue Sainte-Croix de la Bretonnerie, in one of fashion’s favourite districts: the Marais. The label inaugurated a 60-square-metre boutique there on October 8, marking its third opening of 2025.
Shopfront of Sunspel’s Paris boutique – Sunspel
Located on one of the oldest streets in the Marais, dating back to the 13th century, the space is run by a team of three. The brand, founded in 1860 by Thomas Arthur Hill, presents its classic, tightly edited wardrobe of T-shirts, polos, jumpers, coats and trousers. In the centre of the boutique, customers can explore a number of accessories and other items, including fragrances developed since 2019 in partnership with British perfumer Lyn Harris.
From the outset, Sunspel has been known for the refinement of its materials. The brand uses Sea Island cotton, a Caribbean variety that requires abundant water and sunshine, developed in the 17th century by European settlers in the British West Indies. Sunspel T-shirts are also made from Supima cotton, sourced from a Californian farm. For other pieces, the label uses cashmere from Mongolia, spun in Switzerland.
The T-shirt is the brand’s flagship product – Sunspel
Sunspel’s storytelling is full of such anecdotes. Pointing to a woollen coat, Nicholas Brooke, the brand’s owner since 2005, explains, as an accompanying video shows, that the piece is made from Harris Tweed, a fabric produced by the inhabitants of an archipelago in the north-west of Scotland, in their own homes.
The Riviera polo shirt was created in the 1950s for the climate of southern France by the founder’s grandson. Today, it is produced in Portugal on lace-making machines, in a factory with 25 units. The brand’s enduring classic remains the T-shirt, a line of which was created especially for Daniel Craig in “Casino Royale”. They are made in Nottingham, England, and the seamstresses stitch their first names into them — a way of highlighting these often-unseen workers.
“We want to continue investing in France”
A frequent collaborator, Sunspel has signed co-creations with Lemaire, Comme des Garçons, JW Anderson, Paul Smith and Thom Browne. In these collaborations, the brand primarily contributes its technical expertise, leaving the creative side to its partners. On its own pieces, there is no logo, and the colours are restrained, partly inspired by the paintings of British artist Richard Whadcock. At the same time, the brand continues to build on past innovations and is working on new technical projects. It recently unveiled a blend of Sea Island cotton and cashmere.
Nicholas Brooke acquired Sunspel from the Hill family in 2005 – Sunspel
Sunspel CEO Raul Verdicchi joined the brand in 2023 after stints at AlphaTauri and the Zegna Group.
“Sunspel is unique because it combines several factors: it is an English brand, with quality products and heritage,” he explains. “It works very well for us — we even grew during Covid. Today, this boutique marks a new milestone. And in the future, we want to continue investing in France.”
For the time being, the Marais space attracts both French customers and international tourists, who account for 55% of its clientele.
A boutique in Tokyo in early 2026
Sunspel already has eight shops across London, and two more in the rest of the UK – in Edinburgh, and a stone’s throw from Liverpool, in the Cheshire Oaks Designer Outlet. In the United States, the label has five standalone boutiques, in Los Angeles, San Francisco, Santa Barbara and New York, in SoHo and on the Upper East Side. In the midst of its international expansion, Sunspel will open a boutique in Tokyo in early 2026. The brand is also present at numerous retailers such as Beams, Saks, Harrods, Selfridges & Co, La Samaritaine and Printemps, giving it a physical presence in 34 countries.
The brand uses, among other channels, the press and cinema to attract new customers – Sunspel
To support this expansion, the brand needs to refresh its customer base. Brooke explains: “We have 60-year-old customers who have been buying from us for 30 years, but also customers who are in their twenties. To retain a customer base, we do not focus on age, but on the quality of our products.”
He goes on to point out that in the UK, the brand enjoys a certain renown, thanks in particular to its first creative director, Northern Irish designer, Jonathan Anderson. Other channels, such as the press and cinema, also help to renew the brand’s customer base.
For 2025, Sunspel posted revenue of £36 million, or almost €41.5 million. Since 2020, the brand has achieved annual growth of 20%.
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Federal authorities are investigating off balance-sheet transactions involving Lugano Diamonds & Jewelry, a chain of high-end boutiques that’s accused its founder of misrepresenting diamond investments he brokered with wealthy clients.
Lugano
FBI agents have interviewed individuals who struck deals with Lugano founder and former chief executive officer Mordechai “Moti” Ferder as part of an investigation into the business, according to people familiar with the matter. A Lugano spokesman said the boutique is cooperating with the probe.
The Newport Beach, California-based chain of about a half-dozen shops, which is majority owned by Compass Diversified, sued Ferder in June and accused him of manipulating Lugano’s accounts by disguising the gem-backed financing as direct sales. Lugano filed for bankruptcy protection last month and Ferder is residing in his native Israel, according to court documents filed by the company.
Lugano, Ferder or related parties have been sued by about a dozen individuals or firms over the diamond investment contracts. The boutique has claimed Ferder entered into financing deals that together may represent more than $100 million in liabilities to the business. Compass said in May it would restate its financial statements.
Ferder’s lawyer Jeffrey Reeves said his client hasn’t been contacted by the FBI or the Department of Justice.
“Mr. Ferder maintains his innocence and denies any criminal wrongdoing,” Reeves said. “We remain focused on defeating the civil claims brought against him as well as prosecuting the counterclaims he intends to file against Compass Diversified, Lugano, and others.”
An FBI spokesperson didn’t reply to multiple requests for comment.
Lugano said in its lawsuit filed in a state court in California that Ferder offered clients stakes in valuable diamonds that the boutique already owned, promising hefty returns once the gems were sold. The lawsuit claims Feder told Lugano personnel that the deals were ordinary sales. Feder has denied the allegations and claimed Lugano and Compass were aware of the contracts.
Lugano interim CEO Josh Gaynor said in a June email to an investor who sued Ferder that those “who have expressed interest in any parallel criminal investigations” may wish to contact an FBI agent, according to court documents filed in an investor lawsuit. The agent has been assigned to the complex financial crime squad in the agency’s Los Angeles field office, according to papers filed in unrelated court cases.
A Compass spokesman said the firm “has been cooperating with the authorities investigating this matter, as well as conducting our own extensive internal investigation.”
Compass released its restated earnings on Monday and said in a securities filing that its internal investigation determined Lugano’s former chief executive officer “deliberately engaged in fraudulent activity” by recording fictitious sales and misrepresenting the value of the jewelry boutique’s inventory. The conglomerate is now focused on cutting debt and “putting this chapter behind us,” Compass CEO Elias Sabo said. It is considering selling some businesses to reduce debt, it told investors last week.
The group acquired a 60% stake in Lugano in 2021 for $198 million and opened additional locations in the US and London, which was recently closed, according to court papers.
The boutique is planning to sell its business in Chapter 11. In September, a holding company that owns Ferder’s shares in Lugano as well as a title to an Aspen property also filed for bankruptcy. Ferder ceded control of the holding company to Lugano’s chief restructuring officer, according to court papers.
Women’s fashion brand New Look has a new retail director with Mark Matthews joining at “a pivotal time” for the 18-44 age-group-sector retailer. He replaces Elaine Cartwright who has just joined M&S as stores director of innovation and implementation.
New Look
With extensive retail experience across a range of brands — Bonmarché, George at Asda and Selfridges — Matthews will be responsible for New Look’s store estate and, importantly, implementing its omnichannel strategy across stores “to drive sales and enhance the customer experience”.
From those previous three businesses, his expertise spans operations, visual merchandising and in-store digital. He also brings “a strong track record of enhancing product ranges and modernising stores to improve service and sales”, while also having worked on “future store propositions that strengthen omnichannel integration and colleague engagement”, New Look said of its new appointment.
Key will be his focus on the brand’s omnichannel strategy “optimising its store network to better serve customers across the UK”, it added.
Matthews will be part of New Look’s director team, succeeding Cartwright who had spent over a decade at the retailer.
Helen Connolly, CEO of New Look, said: “Our store estate is a vital part of our omnichannel strategy, and… Mark brings extensive industry expertise and a customer-first mindset that will be key to our next phase of store development.”
That evolving strategy has already seen recent store upgrades, including concept launches at the Bluewater mall in Kent, and in Manchester, which have “delivered strong double-digit like-for-like sales growth, reflecting the brand’s focus on innovation, digital integration and elevating the customer journey,” New Look noted.
It said over the past five years it has “transformed the business and its digital offer, upgrading the website and app, developing a 10 million-strong engaged customer base and maintain category-leading positions in dresses, denim, outerwear, and footwear”.
Earlier this year, it announced a £30 million investment to power the next phase of its digital growth. Part of this investment has supported the development of New Look’s first loyalty app, Club New Look. Following a successful soft launch in summer, it now claims over 700,000 members, “which the store teams have played a significant role in securing”.
Boux Avenue has embraced artificial intelligence to create its Christmas message. The result is “one of the most unmissable festive gifting campaigns of the season” with the lingerie/nightwear brand debuting “a premium, hyper-realistic CGI social media stunt that will instantly become a must-see brand moment”.
Image: Boux Avenue
It’s harnessed the viral power of computer-generated imagery (CGI) to deliver a “fun, high-impact and festive spectacle that puts its desirable gift collection front and centre across the brand’s engaging Instagram and TikTok accounts… along with visibility across the brand’s e-commerce site… directly driving traffic to its full Christmas Gift range”.
The campaign’s narrative features a towering stack of Boux Avenue gift boxes dramatically strapped atop a moving vehicle. As the car rounds the corner, one of the oversized boxes falls, landing on a “glamorous passerby, creating an instant, magical transformation”.
In a “moment of delight”, her casual attire is swapped “for the most desired ‘off-duty’ look of the season”: a premium dressing gown paired with pyjamas adorned in a trending bow print.
With a snap of her fingers, part of the cityscape, including some of the classic London architecture and the delivery vehicle, receive a signature Boux Avenue print makeover, draped in pink textures and the bow pattern, cementing the campaign’s core message: ‘Because Christmas Feels Better In Boux’.
Chief design & product officer Zoe Price-Smith said: “As a London-based brand, we insisted on staying true to our roots, offering our customers and social followers a fun, delightful, and truly unmissable social moment that is set within the London cityscape.
“We chose CGI for its ability to deliver pure fantasy and stop-scroll appeal, to grab watchers’ attention and position Boux Avenue as a leader in both luxurious nightwear and innovative digital storytelling this Christmas season.”
She added: “This CGI stunt is more than just eye-catching content; it’s a way to create enticing digital engagement designed to break through the highly saturated Christmas advertising landscape. With viral media potential, the CGI demonstrates how Boux Avenue can effectively leverage digital media to drive immediate product desire and gifting traffic.”