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Lovisa headlines raft of pre-Christmas signings for Merry Hill

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October 28, 2025

Yet more signings to announce for Merry Hill with international jewellery brand Lovisa, variety gifting brands Miniso and Flying Tiger and affordable health/beauty/home products brand Savers joining a line-up of 20,000 sq ft worth of reinvestments and arrivals for the Midlands shopping centre. Adding to that, The Body Shop has also renewed its commitment to the centre.  

Lovisa

Lovisa has signed for a 750 sq ft space and is set to open in time for the festive season with the new store stocking the brand’s full range of necklaces, earrings, and rings, as well as offering piercing services.

It will join Merry Hill’s growing line-up of jewellery and accessory retailers across the price scale, including H Samuel, Warren James, and the newly upsized 6,000 sq ft Goldsmiths showroom, which opened in September.

Miniso, meanwhile, makes its debut there with a  2,400 sq ft space featuring its everyday mix of beauty, lifestyle, and pop-culture products, plus a signature ranges of plushies, toys, stationery, food, and home accessories.

Flying Tiger has also opened a 3,100 sq ft store on the Lower Mall that showcases its range of Danish-designed home décor, stationery, party supplies, kitchen essentials, and children’s toys.

Alongside this, Savers has opened its new 5,900 sq ft lower mall space, becoming the brand’s largest location in the UK.

Alistair Winning, Asset manager for operator Sovereign Centros from CBRE, said: “This mass retail investment highlights our tenants’ confidence and commitment to the centre. These signings and openings give our customers an even greater choice of leading brands and experiences to meet the needs of our community, cementing Merry Hill as the preferred retail destination in the area.”

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Pat McGrath Labs explores asset sale

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December 21, 2025

Pat McGrath Labs is undergoing a restructuring and recapitalisation process, according to multiple reports.

Pat McGrath Labs explores asset sale. – Pat McGrath Labs

As part of the process, the company is reviewing its assets, with some — including its trademark and logo — potentially set to be sold through a formal sale process. Bids are due by January 26, with an auction scheduled for the following day. The process is being managed by U.S.-based financial services firm Hilco Global.

Founded by British makeup artist Dame Pat McGrath, the brand celebrated its 10th anniversary in October. Pat McGrath Labs rose rapidly following its launch and reached unicorn status in 2018 after securing an investment from Eurazeo that valued the company at more than $1 billion.

In recent years, however, the brand has faced operational challenges, alongside executive turnover and layoffs, and its valuation is now widely reported to be a fraction of its former peak.

The development comes just one year after McGrath was named creative director of Louis Vuitton’s debut makeup line, La Beauté, which launched this summer.

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Swinger International acquires Philippe Model Paris from 21 Invest

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December 19, 2025

Italy’s Swinger International group continues to make bold moves and, having just invested in the Etro brand alongside Rams Global and SRI Group, has also announced that it has acquired control of the sneaker and apparel brand Philippe Model Paris for an undisclosed sum.

Philippe Model Paris

The deal was signed by Swinger International, led by Mathias Facchini, and 21 Invest, the private equity fund founded in 1992 by Alessandro Benetton, which acquired a majority stake in the French brand in July 2016, when it was known as 21 Investimenti. Swinger International also owns Genny, produces the Just Cavalli collections and, as of this morning, holds a minority stake in Etro.

Philippe Model, an artist and painter, founded his eponymous label in Paris in 1978. In the 1980s, he created the innovative and highly successful ‘Elastique,’ a comfortable heeled shoe constructed with elastic straps. Throughout his career, he collaborated with leading Parisian designers and houses, including Christian Dior, Claude Montana, Lanvin, and Jean-Paul Gaultier.

The company expanded from haute couture accessories to interior design projects, and in 2008 it was relaunched as a maker of premium sneakers for men and women, with all footwear produced in Italy’s Riviera del Brenta footwear district. Its 2024 turnover is estimated by the business press at around €30 million.

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Iconix grants Umbro’s France licence for footwear and clothing to Textiss

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December 19, 2025

From 2026, Umbro’s France business will be managed by the Drôme-based group Textiss. The company, led by Sylvain Caire and specialising in men’s underwear, notably develops its Freegun brand, as well as licensed products for Pierre Cardin and Von Dutch. Textiss is taking over Umbro’s footwear and textile licence in France, which had been held by the Royer Group for 10 years.

Textiss takes over Umbro’s footwear and textile licence for the French market – Umbro

“As owner of the Umbro brand, the Iconix Group has decided to entrust the Textiss Group with the textile and footwear licence in France from 2026, a natural evolution that continues the historic relationship between Iconix, Royer, and Textiss,” the group explained in a press release on December 19, adding that Textiss has been Umbro’s underwear and socks licensee in France for a decade.

“In agreement with the Royer Group, the licence will be subject to an organised and carefully managed transition,” said the group. “From January 2026, Textiss will manage orders for the second half of 2026, ensuring a smooth operational handover for all customers and partners.”

The American Iconix Group, a specialist in the licensed brand development model, was seeking a solution for the licence covering the key products of the British sporting goods brand it acquired from Nike in 2012. The Royer Group held the licence after taking it over in 2016.

With the French specialist in the development of footwear and sportswear brands facing difficulties, Iconix ultimately opted for the Châteauneuf-du-Rhône-based group to take on the brand’s key categories. Umbro currently outfits the Le Havre football club, HAC.

Neither the value of the deal nor details of the organisation concerning the teams that have worked or will work on the licence have been disclosed.

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