Failed upscale menswear retailer Pink Shirtmaker is set to make a return. The LVMH-owned brand, which went on the block before Christmas, has been bought by Nick Preston, a former JD Sports Fashion trading director.
As he slammed the UK’s decision to end tax-free shopping for tourists in its current form, the boss of footwear and accessories retailer Kurt Geiger has suggested that the firm could be forced to axe 600 jobs.
JP Hackett has opened the Savile Row townhouse location that it announced earlier this year with the high-end menswear brand adding further to its central London offer as the nearby Jermyn Street location remains open.
The heritage shirtmaker, which traces its roots back to 1984, has unveiled a new brand identity and name as part of a major overhaul designed to ensure it remains relevant in the ever-changing retail landscape.