In Review, November 2025: Headline highlights from Loro Piana, Kith, Mytheresa and more...

Chloe Burney

28 November 2025

As November draws to a close, TheIndustry.fashion looks back on a month that delivered both celebration and significant change across British retail.

Notably, the industry mourned the loss of legendary designers Paul Costelloe and Pam Hogg, whose influence on British fashion leaves an enduring legacy.

Meanwhile, financial updates skewed positively, with Mytheresa, ASOS and Mulberry each reporting stronger-than-expected performances. NEXT also lifted its sales and profit outlook following a standout third quarter.

This month also saw meaningful corporate shifts, most notably Mytheresa’s new chapter under the LuxExperience group as it appointed Francis Belin CEO, while the wider sector prepared for the all-important Christmas trading period with cautious optimism.

TheIndustry.fashion reflects on another headline-grabbing month in British retail and beyond, from openings to big-name appointments.

New Openings

Clarks marked 200 years with futuristic first-of-its-kind flagship

200 years after its founding in Somerset, Clarks is doing something many legacy brands still struggle with: rewriting its own narrative. The British footwear giant returned to Tottenham Court Road with a bigger, more modern store and a clear message about where it believes the future of retail is heading.

Gap made its grand return to Covent Garden with 'reimagined' flagship

Gap officially returned to Covent Garden with a newly reimagined flagship store, marking a confident new chapter for the American retailer’s UK comeback. The store at 30-31 Long Acre opened its doors to the public on 7 November, signalling renewed investment in brick-and-mortar retail after several years of digital-first focus.

Kith makes its long-awaited London flagship debut

New York-founded streetwear retailer Kith has spent years building a cult UK following from afar, thanks to its highly coveted drops filtered through Selfridges and overseas flagship stores. That changed this month.

On Friday, 28 November, the brand finally planted a permanent flag in London with its first standalone UK store, a two-floor immersion into everything its founder, Ronnie Fieg, has been quietly priming the market for.

Loro Piana celebrates craftsmanship with New Bond Street reopening

Loro Piana, the Italian Maison synonymous with quiet luxury, marked the reopening of its New Bond Street flagship with two sensorial installations that trace its century-long story of craftsmanship, heritage and innovation. The newly refurbished and expanded store was transformed into an immersive exhibition titled Master of Fibres, open to the public from 14-16 November.

Matilda Djerf brings Djerf Avenue back to London with Selfridges pop-up

Swedish fashion label Djerf Avenue, founded by content creator and entrepreneur Matilda Djerf, returned to London for its second UK pop-up. The brand will took over space at Selfridges on Oxford Street from 17 November to 28 January 2026. Following the success of its first London pop-up in Covent Garden last year, the new installation offers fans another opportunity to experience the Djerf Avenue world in person.

Mango opened ninth store in Scotland with new addition in Aberdeen

Mango opened a new 4,500 sq ft store at the Union Square shopping centre in Aberdeen, marking the Spanish fashion retailer’s ninth store in Scotland. The new store offers Mango’s latest womenswear collections across clothing, footwear and accessories, showcased in an interior inspired by the brand’s Mediterranean heritage and culture.

In Pictures: From screen to street, ASOS’s premium pop-up lands on Carnaby

Back in June, ASOS flirted with the physical world with a quick two-day pop-up on Tottenham Court Road. This time, it went bigger, bolder and fully festive. The online fashion giant brought its first ‘premium’ in-person experience to 10 Carnaby Street, running from 7-16 November.

The space was designed to blur the line between online and offline, with interactive installations and carefully curated zones showcasing over 200 pieces.

Moss

Moss unveiled new flagship at Broadgate Central

British menswear retailer Moss opened a new 1,582 sq ft flagship store at the Broadgate Central development in East London. The store forms part of Moss’s wider strategy to elevate its in-store experience, following a year of refurbishment and expansion across key UK locations, which will take the total store count to 115 by the end of 2025.

Boux Avenue lands at Trafford Centre with music, embroidery and festive magic

Boux Avenue turned up the festive magic in Manchester, unveiling its brand-new flagship at the Trafford Centre just in time for Christmas. The 175 sqm space promises an elevated in-store experience complete with DJ sets, personalised embroidery and goodie bags galore.

Sheep Inc. unveiled first-ever store on London’s Newburgh Street

Sustainable knitwear brand Sheep Inc. opened its first-ever store at 5 Newburgh Street in London, adjacent to Carnaby Street. Inviting customers to fully immerse themselves in the brand through tactile exploration, artful design and storytelling, the new 911 sq ft flagship store has been “designed to seduce the senses”.

80s Casual Classics unveils new store in former Philip Browne unit in Norwich

80s Casual Classics opened the doors to its latest store in the old Philip Browne unit at 3 Guildhall Hill in Norwich this month. Philip Browne ceased trading in December 2024 after 38 years in business, following Frasers Group acquiring it from JD Sports in March 2023.

Big name appointments

Mytheresa appoints ex-Christie's exec as new CEO

Francis Belin has been appointed CEO of Mytheresa, effective 1 January 2026, as the luxury multi-brand digital platform continues to evolve under LuxExperience alongside Net-A-Porter, Mr Porter and YOOX.

Belin, who most recently served as President Asia Pacific and oversaw global Luxury and Asian Art at Christie’s, brings extensive international luxury experience and a deep understanding of high-net-worth clients worldwide.

Balmain named Antonin Tron as new Creative Director

Balmain named Antonin Tron as its new Creative Director, following the confirmed departure of Olivier Rousteing after 14 years at the French luxury house.

The acclaimed designer, known for founding his independent label Atlein in 2016, is set to present his debut collection for Balmain in March 2025. Tron will now devote himself exclusively to the house.

SKIMS appointed ex Levi's Chief Merchandising Officer as it drives global growth

SKIMS appointed Dawn Vitale as its new Chief Merchandising Officer, bringing in a seasoned executive with a proven track record of scaling global brands. She joined from Levi Strauss & Co., where she spent six years rising to Chief Merchandising Officer for Levi’s.

Pangaia entered new strategic era with appointment of Inditex exec as CEO

Pangaia appointed Daniel Gómez as Chief Executive Officer, signalling the beginning of a new phase for the materials-science-driven brand following Aurora Vision Group’s acquisition of a controlling stake earlier this year.

Gómez's experience spans Inditex, where he helped launch the group’s ecommerce operations in Russia, and Chalhoub Group, where he worked across strategy, brand development and organisational transformation.

Foot Locker hires new international chief to lead next phase of growth

US sportswear retailer Foot Locker, which was acquired by DICK’S Sporting Goods in September 2025, appointed Matthew Barnes as President of Foot Locker International, effective from 3 December. He will report directly to Ed Stack, Executive Chairman of DICK’S, who oversees Foot Locker’s global operations.

Matalan hires ex-Estée Lauder exec to lead people & talent amid reshuffle

Matalan has bolstered its senior leadership team with the appointment of Beccy Davies as Director of People & Talent, a newly created role that underscores the retailer’s focus on transformation.

Harrods

Harrods promoted Retail Director to Chief Retail Officer role

Harrods announced the promotion of Mark Blundell to Chief Retail Officer in his eighth year at the luxury Knightsbridge retailer.

Blundell joined Harrods in 2018 as Head of Retail Projects & Retail Services. In 2022 he was promoted to Retail Director. Prior to Harrods, Blundell held leadership roles in John Lewis Partnership and Waitrose. He began his career as a graduate with Barclays.

N Brown unifies trading and marketing under new director

N Brown Group strengthened its leadership team with the appointment of Arfan Sabir to a newly created Trading and Marketing Director role. The new role brings together Trading and Marketing under one leader for the first time in the company’s history, reflecting the shifting dynamics of digital-first retail.

Superdry secures new CFO as 'final piece in the puzzle'

Superdry appointed Nic Shaw as its new Chief Financial Officer, rounding off the leadership team guiding the fashion retailer through its ongoing transformation. Shaw joined the business in 2023 and most recently served as Commercial Finance Director.

The new CFO moves into the role with more than 25 years of finance experience across major UK retailers, including Asda, Sainsbury’s and Tesco.

Malone Souliers appointed former Manolo Blahnik president as new CEO

British luxury women’s footwear brand Malone Souliers appointed Andrew Wright as its new Chief Executive Officer. Wright joins after serving eight years at Manolo Blahnik, the last six years of which he was President of Americas, based in New York.

Former Farfetch exec returns to ASOS as new Audit Chair

ASOS appointed Jon Kamaluddin as Independent Non-Executive Director and Chair of its Audit Committee, marking the return of one of ASOS's early leaders as the company continues its turnaround. Kamaluddin joins the board on 1 December 2025, bringing heavyweight experience across global retail, technology and finance.

AllSaints named ASOS veteran as new CFO following record year of profit

AllSaints appointed Sean Trend, formerly of ASOS, as its new Chief Financial Officer, marking the latest in a series of strategic leadership moves for the East London-based fashion brand. Trend will take up the role in February 2026, succeeding Elaine Deste, who is retiring after nearly six years at the company.

Marks & Spencer adds British Airways boss to board

Marks & Spencer appointed Sean Doyle, Chairman & Chief Executive Officer of British Airways, as a Non-Executive Director, effective from 1 December 2025.

Doyle, who brings experience representing another prominent British brand with significant public visibility, will also serve on the retailer's Audit & Risk and Nomination Committees.