Over 20 new shops, eateries and leisure experiences have opened inside the Power Station and on Electric Boulevard in the last six months with more exciting openings planned for 2023,. | April 5, 2023
/PRNewswire/ BloomChic, a digital-first fashion and lifestyle destination for modern women sized 10-30, today announced that it has received an investment.
The brand opened its first UK store in London's Marylebone this month, which is its 200th store worldwide and "the first opening of many more to come in
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Altamont Capital Partners has agreed to carve out Gap’s luxury fashion boutique business Intermix as it eyes a resurgence in social events as Covid-19 eases.
Intermix opened its first boutique on New York’s lower Fifth Avenue in 1993, and was bought by retail clothing giant Gap in 2012. It currently has 31 boutiques and an online store.
Altamont described Intermix as an enviable platform with strong brand identity, an innovative business model, and highly attractive customer base. The brand includes offerings from designers including Isabel Marant, Ulla Johnson, Christopher Esber and Alanuii.
Altamont is optimistic that the retail market will pick up after the pandemic for Intermix to attain a long-term growth. The US consumer confidence index climbed to 121.7 in April, the highest level since February 2020.
March 31, 2021 Distressed investment specialist Cerberus Capital Management has hit a $2.8bn final close for its latest flagship opportunistic real estate fund.
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