Premium trainers business The Edit LDN is targeting a £30 million valuation during 2022 after saying its sales have been rising by 60% month-on-month lately. And it’s raising new finance to expand further.
Harrods is the latest major name to enter the rental space and, like others, the company is teaming up with a fashion rental specialist in order to do it. The company is linking with My Wardrobe HQ on the move.
The fashion retailer achieved net sales of $345.8 million in the first quarter, up 64% from $210.3 million in the same period in the previous year, growth that meant the company was able to significantly cut its loss.
It’s a name change that’s part of a game change. Already claiming to be the UK’s leading online store for limited edition sneakers and high-end streetwear, The Edit Man London has changed its name to The Edit LDN.
Joules has released its Christmas campaign with an animation called A Woodland Tale. It links to the brand’s new partnership with the Woodland Trust and comes with its Woodland Edit, a curated collection of products.