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URW acquires 25% stake in Edinburgh’s St James Quarter, expect Westfield rebranding next year

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October 24, 2025

French malls giant Unibail-Rodamco-Westfield (URW) and pension investor APG have announced URW’s acquisition of a 25% stake in St James Quarter. And it’s more than just a financial deal as URW will be actively involved in the destination that’s controlled by APG, with which it has already partnered in London.

St James Quarter

Majority owner APG retains its 75% stake in the landmark mixed-use destination in Edinburgh that has 110 retail, leisure and dining units across 80,300 sq m. Opened four years ago, it’s in the heart of the city and is among Europe’s 20 highest-footfall retail destinations, “reflecting its strong consumer appeal and strategic urban location within one of the most dynamic cities in the region”.

So what happens now? Within the new joint venture partnership, URW will manage the asset and the centre will be rebranded as a Westfield destination in 2026, “as it leverages URW’s outstanding operational capabilities, as well as innovative services including those provided by in-house retail media agency Westfield Rise”. 

This will generate additional income for URW, including asset management and retail media fees.

The French firm’s CEO Jean-Marie Tritant explained the reasoning behind the deal saying: “St James Quarter is a high-quality, fully redeveloped asset that perfectly aligns with our strategy to operate and grow dominant flagship destinations in key urban markets. This accretive transaction also supports with the Group’s ‘A Platform for Growth’ 2025-28 business plan, enabling us to expand our presence through a minority stake alongside APG, a strategic long-term partner. Together, we will elevate the asset’s performance by leveraging our retail operations and media expertise, as well as bringing the globally recognised Westfield brand to the destination.”

And Robert-Jan Foortse, Head of Real Estate Europe at APG, added: “Since its opening in 2021, St James Quarter has consistently strengthened its operational performance, establishing itself among the UK’s leading shopping destinations. The acquisition marks an exciting new chapter for the centre which will benefit from URW’s operational expertise and innovative services, as well as for our collaboration, building on the success of our partnership at Westfield Stratford City. APG is pleased to continue our strong relationship with URW as we pursue shared ambitions and long-term value creation, both for our joint investments and for St James Quarter in particular.”

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Matalan says revamped store see higher sales, names director of international

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December 8, 2025

Matalan’s store refresh programme is clearly having an impact with the retailer saying in an update on Monday that the customer response is exceeding its expectations, as well as announcing the arrival of a new director of international.

Matalan

It has completed all 30 of the 2025 planned revamps within the year, as part of its £25 million investment in its physical estate that’s intended to drive the business’s transformation.

And it’s clearly worth the money as the refreshed stores are generating higher footfall and are outperforming the wider estate by 14% in terms of sales, “well ahead of expectations, with customer satisfaction scores up significantly”.

It means the company is now planning to accelerate the number of refits next year to 40, which is 10 more than it had planned.

Updates to the stores include simplified layouts and better signage, with fitting rooms and tills relocated to central, more accessible areas. There are also plans to roll out new self-service tills early next year, as well as  self-serve click & collect.

The interiors are also “brighter and more inviting interiors, thanks to upgraded LED lighting and expanded visual merchandising, all spearheaded by Matalan’s newly appointed head of VM, Fran Theanne”. 

And it’s been investing in car parks, new signage and improved external lighting to increase visibility on retail parks as well.

Plus many of the refreshed stores feature new concession partnerships to complement the retailer’s own “newly elevated core ranges”. Those partnerships include womenswear brands Little Mistress, Blue Vanilla and Quiz, with others to follow.

Matalan

As mentioned, the store investment programme is costing the company £25 million. It will renew its entire estate with the programme running for three to five years, although the speed seen so far suggests it could be at the lower end of that timescale. 

Chief retail officer Katherine Davis said: “We’re listening and investing in what matters most to our customers. The results speak for themselves – higher footfall, happier shoppers . This all ladders up to delivering a better experience for our customers – as well as our colleagues on the shop floor – and winning market share, which is central to our ambitious business transformation.”

Meanwhile, Steve Ridehalgh has joined as director of international, reporting to Davis.

He’ll be responsible for the business’s international growth strategy as part of the second phase of its turnaround. That means a focus on opening new markets and building franchise partnerships.

He joins with significant experience in overseas expansion and franchise development, having been responsible for the global expansion of Oasis and Warehouse. He was most recently franchise director at Debenhams and then partner at PartnerWise Franchise, advising retailers on global strategy.

He began his career with Alshaya Group in Saudi Arabia and then oversaw international ops at BHS.

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Skechers partners with Mohammed Siraj and Alaya F to launch ‘Go Walk’ collection in India

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December 8, 2025

Footwear brand Skechers has partnered with Indian cricketer Mohammed Siraj and Bollywood actress Alaya F to launch its ‘Go Walk’ collection in India and position its footwear alongside healthy living.

Indian cricketer Mohammed Siraj and Bollywood actress Alaya F for Skechers – Skechers

 
“Go Walk embodies what Skechers stands for- effortless comfort, innovative design, and contemporary style,” said Skechers South Asia’s CEO Rahul Vira in a press release. “The collection ensures that walking feels natural, energising, and enjoyable, turning a daily activity into a lifestyle experience. With talents like Mohammed Siraj and Alaya, we aim to inspire consumers to embrace walking as an empowering, stylish, and mindful way to move- because at Skechers, we define comfort.”
 
The Go Walk collection features adaptive midsole technology, shock-absorbing soles, breathable materials, and a lightweight construction, designed to make walking easy and fun. The campaign highlights walking as an integral part of everyday life and harnesses its campaign stars’ pan-India popularity to promote healthy living along with its sneaker collection.

“Performance matters on the field and off it,” said Mohammed Siraj. “Go Walk delivers lightweight comfort, adaptive cushioning, and responsive soles that keep my feet energised and perfectly supported, whether I’m training, traveling, or spending time with family. Every step feels smooth and natural, giving me that effortless sensation. Every step feels natural- its comfort defined.”
 
Skechers South Asia is a subsidiary of Skechers U.S.A., which is based in Southern California and caters to men, women and children. Retailing in 180 countries and territories through department and specialty stores, the brand manages its global business through a network of wholly owned subsidiaries, joint venture partners, and distributors. 
 
“As someone constantly on the move, I need footwear that keeps up with my pace and energy, said Alaya F. “Go Walk goes beyond ordinary shoes- the advanced cushioning, responsive soles, and lightweight design make every step feel effortless, whether I’m shooting long hours on set, traveling, or enjoying a casual day out. It’s not just comfortable, it’s empowering.”

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Zimmermann makes Mexico debut with boutique in Los Cabos

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December 8, 2025

Australian label Zimmermann has announced the opening of its first boutique in Mexico, at the newly inaugurated Ánima Village in Los Cabos. The brand’s arrival marks a significant step in its international expansion and its official debut in Latin America.

Zimmermann arrives in Mexico with a boutique in Los Cabos – Cortesía

“It’s incredibly exciting to open our first boutique in Mexico. I’ve always really enjoyed spending time there, so finally being able to open a store is a great achievement for us,” said Nicky Zimmermann, creative director and co-founder of the Australian house.

The designer added that Los Cabos represents an ideal setting for the brand and that the new boutique seeks to reflect the destination’s vibrant energy. She noted that the space was conceived as an immersive experience designed to showcase the aesthetic and artisanal sensibility that characterises Zimmermann.

The architectural project was led by Studio McQualter, which opted for complete integration with the Ánima Village setting.

The façade combines brick, concrete, and wood, accompanied by naturalistic landscaping that echoes the design of the complex. Brass handles, a recurring signature of the brand, highlight the entrance to a space devised to offer an experience in keeping with the Zimmermann universe.

The interior features a mix of vintage pieces, contemporary art, and considered finishes, set beneath lofty ceilings and white plaster-textured walls. A Murano-glass wall stands out alongside a table by Afra and Tobia Scarpa, while a work by Barbara Kuebel accompanies the presentation of the 2026 cruise ready-to-wear collection.

Zimmermann, accessories area
Zimmermann, accessories area – Cortesía

Works by Australian artists Laith McGregor, Clifford Thompson and Richard Nelson reinforce the house’s connection to its roots. A second space is dedicated to accessories, with walls in shades of pink and a terrazzo floor laid in a green-and-cream chequerboard.

The selection of handbags, scarves, and belts is presented in a lounge with a vaulted ceiling, decorative fireplace, and 1950s furnishings, paired with Eero Saarinen Tulip chairs, all atop a bespoke kilim rug. The boutique, which already carries the aforementioned cruise collection, underscores the growing appeal of Los Cabos to international luxury fashion brands.

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