
The founder of shirts specialist Charles Tyrwhitt said business “fell off a cliff” last year as stores were forced to close, consumers reined-in spending and worked from home so his products stayed on the rails.
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The founder of shirts specialist Charles Tyrwhitt said business “fell off a cliff” last year as stores were forced to close, consumers reined-in spending and worked from home so his products stayed on the rails.
Menswear specialist Charles Tyrwhitt has become the official formalwear partner for England Rugby in a four-year deal that starts this month.
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.
A number of bids have reportedly been placed for venerable shirtmaker TM Lewin with Charles Tyrwhitt believed to be one of the bidders.
The brand has launched a new collection designed for different body types. The addition will solve frequent fit issues such as trousers that are too tight around the thighs, fabric ripping and “saggy bottoms”.
Michael Stanier, the chief executive officer of UK shirtmaker Charles Tyrwhitt, is stepping down after a year in charge. He will be replaced by Luke Kingsnorth, currently president of the North American business.
The UK is heading towards being the West’s most affordable luxury market and also has as many as 10 names in the list of the top 100 luxury firms, a new Deloitte luxury report shows.
The new owner of Belstaff has been named Britain’s richest man in the latest Sunday Times Rich List. Self-made businessman Jim Ratcliffe is chairman/CEO of chemicals company Ineos, which acquired Belstaff last autumn.
Charles Tyrwhitt may have seen its sales rising strongly last year but it also swung to a loss after an IT project had to be axed.
Westfield London has opened its highly anticipated £600 million extension, which adds 740,000 sq ft to the shopping centre, transforming it into the biggest in Europe.