Following two bankruptcies, Dutch fashion label McGregor will be back from spring 2019. Dutch retail veterans Fred Gehring and Ludo Onnink have acquired the brand’s trademarks together with DM Equity Partners.
Counting celebrities and TV personalities such as Holly Willoughby and Jessica Alba among its clients, the Danish fashion brand is set to start a new chapter by opening its first UK store at 36 Beak Street in Soho.
The fashion sector may have struggled in the warm autumn but Joe Browns said Wednesday that its coats and boots have proved popular and it has avoided the frenzied discounts seen across the fashion market in the UK.
High-end Australian accessories specialist Oroton Group managed to slash its losses in its latest financial year as it cut back on marketing and other spend after its A$24 million rescue by fund manager Will Vicars.