Less than two weeks after Hammerson said Next would be opening beauty halls in five vacated Debenhams spaces in its malls, two of the biggest have been taken off the list. But a further 10 could be added.
The owners of fashion businesses like River Island, The Edinburgh Woollen Mill Group, Arcadia, Charles Tyrwhitt, New Look and Monsoon Accessorize have all seen their estimated personal wealth fall over the past year.
Wolford is taking a similar approach to some other companies in the midst of the coronavirus pandemic and is seeking to raise cash by selling its HQ. It’s currently in talks to sell and rent back its property in Bregenz.