Fashion
Tala to open second UK store at Westfield London this autumn
Published
September 18, 2025
Tala continues to embrace physical retail, with the activewear brand preparing to open its second UK store at Westfield London, White City, “later this autumn”.
Following on from its successful flagship store launch on London’s Carnaby Street in May, the new 1,900 sq ft, single-level store “marks another major milestone in Tala’s transformation from a leading e-commerce disruptor into a global omnichannel brand”, it said.
Building on the momentum of Carnaby Street, “which has exceeded expectations across sales, footfall and brand awareness since opening”, it said the Westfield London location positions Tala “at the heart of one of the UK’s most commercially significant shopping destinations”.
So Westfield London customers can expect an “impactful” signature leggings wall, a large number of fitting rooms, and easy-to-shop accessory fixtures, “all showcasing Tala’s quality, flattering, solution-based products”, across outerwear, activewear and loungewear collections such as DayFlex and 365.
Tala CEO Morgan Fowles said: “Our Carnaby Street flagship has exceeded all of our expectations — commercially, awareness felt across every channel, and in all the other ways possible with a physical space and product available in real time.
“Retail works for Tala – it’s become one of our highest-converting and most brand-enhancing channels. Westfield London gives us the opportunity to build on our momentum with key points of difference – access to a different customer, shopping in a different context, as well as the flexibility to test new formats. It’s a strategic move that sets us up for future expansion, both across the UK and in international markets, but crucially will exist to serve our customers, current and future.”
Tala founder Grace Beverley added: “Our community response to our first store has been incredible, both from our loyal customer base who have been on this journey with us, and with so many new customers discovering Tala for the first time. Physical retail is more than just a sales channel for us — it’s a way for people to experience Tala in a tangible, memorable way.”
Tala also noted its retail strategy goes far beyond the two London stores, having established a strong wholesale and shop-in-shop presence. This includes partnerships with Selfridges, Anthropologie, END., Ounass and ASOS, across the UK, the Middle East and Europe. Alongside this, it notes the brand “continues to build a loyal customer base in the USA through e-commerce”.
Copyright © 2025 FashionNetwork.com All rights reserved.
Rieter Holding Ltd. is publishing the final details of the agenda of today’s Extraordinary General Meeting, as announced in the invitation of August 25, 2025. This does not involve any new motions, merely serving instead to clarify the existing motions. It also represents publication of the final terms and procedure for the proposed issuing of subscription rights in the amount of around CHF 400 million (~$505.9 million) and the proposed private placement in the amount of around CHF 77.4 million (~$97.90 million) .
Rieter has confirmed final Extraordinary General Meeting (EGM) agenda details, clarifying motions on a ~$505.9 million rights issue and ~$97.90 million private placement to fund its planned Barmag acquisition.
Major shareholders Peter Spuhler (33 per cent) and Martin Haefner (10 per cent) back the deal.
UBS will underwrite the rights issue, with trading of new shares set for October 2, 2025.
In addition to bank financing, the planned capital increase in two tranches will fund the planned acquisition of OC Oerlikon’s Barmag division. The two largest Rieter shareholders support the transaction. The largest Rieter shareholder, Peter Spuhler via his ownership of PCS Holding AG (approx. 33% shareholding), has committed to participate in the subscription rights issue on a pro rata basis by exercising his subscription rights and investing additional capital as part of the private placement. After completion of the capital increase – tranche A and tranche B – Peter Spuhler will continue to hold a stake of approx. 33% through his PCS Holding AG. The second largest Rieter shareholder, Martin Haefner via his ownership of BigPoint Holding AG (approximately 10% shareholding), has also committed to participate in the subscription rights issue on a pro rata basis by exercising his subscription rights and to invest additional capital as part of the private placement. The acquisition of the Barmag division is expected to be completed by the end of the 2025 financial year, subject to regulatory approval.
With reference to the invitation to the Extraordinary General Meeting sent on August 25, 2025, the Board of Directors of Rieter Holding Ltd. has set the final details of the proposals concerning the ordinary capital increase in tranche A (rights issue) and tranche B (private placement) as well as the reintroduction of the capital band in accordance with agenda items 2.1, 2.2 and 3. of the invitation as follows:
With regard to agenda item 2.1 Ordinary capital increase – tranche A (rights issue), the Board of Directors has decided to submit a definitive proposal to increase the share capital, which is to be reduced to CHF 46 723.63, by CHF 116 809.75 to CHF 1 214 814.38 by issuing 116 809 075 registered shares at a nominal value of CHF 0.01.
With regard to agenda item 2.2 Ordinary capital increase – tranche B (private placement), the Board of Directors has decided to submit a definitive proposal to increase the share capital from CHF 1 214 814.38 by CHF 145 762.70 to CHF 1 360 577.08 by issuing 14 576 270 registered shares at a nominal value of CHF 0.01.
With regard to agenda item 3. (reintroduction of the capital band), the Board of Directors has decided to submit a definitive proposal to create a capital band in accordance with Art. 653s et seq. of the Swiss Code of Obligations (CO) with a lower limit of CHF 1 292 548.23 and an upper limit of CHF 1 496 634.78 and to authorize the Board of Directors to increase the share capital within this band until September 18, 2030 (capital band) by issuing up to 13 605 770 registered shares with a nominal value of CHF 0.01 each or by increasing the nominal value of the existing registered shares and/or by canceling 6 802 885 registered shares with a nominal value of CHF 0.01 each or by reducing the nominal values of the existing registered shares.
If the proposal of the Board of Directors regarding agenda item 2.1 Ordinary capital increase – tranche A (rights issue) is approved, existing shareholders will each receive one subscription right for each registered share they hold on September 22, 2025 after the close of trading.
The new registered shares will be offered to existing shareholders at a ratio of 25 new shares for 1 subscription right held, subject to legal restrictions and the approval by the Extraordinary General Meeting of the capital increase proposed by the Board of Directors. The subscription rights will be admitted to trading on the SIX Swiss Exchange and can be traded from September 23, 2025 to September 29, 2025. The subscription rights can be validly exercised from September 23, 2025 until October 1, 2025 at 12:00 noon (CEST) and thereafter expire without compensation.
Shares that are not subscribed by existing shareholders exercising their subscription rights may be offered to other investors. The number of new shares acquired by existing shareholders and the maximum number of shares to be placed under the share offer are expected to be announced on October 1, 2025 after the close of trading on the SIX Swiss Exchange.
The offer price for the new shares in tranche A (rights issue) is CHF 3.43. The offer price for the new tranche B shares (private placement) is CHF 5.31. The listing and first trading day of the new registered shares from the ordinary capital increase, tranche A and tranche B, on the SIX Swiss Exchange are expected to take place on October 2, 2025 while the completion and settlement of the subscription rights issue and the share offering are expected to take place on October 6, 2025.
Rieter Holding Ltd. has mandated UBS to carry out the rights issue, which has underwritten the rights issue.
Expected schedule of capital increase tranche A (rights issue):
Details of the rights issue and private placement can be found in the prospectus, which is expected to be available today after the close of trading following the Extraordinary General Meeting.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (HU)
Published
September 18, 2025
Selfridges continues to be a pop-up magnet and Lacoste has opened one in the Accessories Hall of the Selfridges, London flagship with a focus on the brand’s Lenglen bag.
As well as a one-week-only café, the AW25 pop-up makes the most of the buzz around London during its Fashion Week, although the Accessories Hall space is more durable and will remain open until mid-November.
The pop-up celebrates the brand’s AW25 Fashion Show that fittingly (given the label’s tennis origins) took place on centre court at Roland Garros, Paris, and references the clay surface of the court.
As mentioned, it showcases the brand’s viral pleated leather tennis skirt-inspired bag range, The Lenglen, named after the famous Suzanne Lenglen who was the inaugural world No. 1 from 1921 to 1926.
And in a global retail exclusive to Selfridges, the space will stock the Leather Racquet bag and the Lenglen Hobo, which reinterprets the codes of the Lenglen Bag “in a softer, more effortless and fluid silhouette”. Made using ultra-soft nappa leather and velvety suede, the Lenglen Hobo can be worn crossbody or carried by hand, thanks to a custom-designed chain and finished with two T-bars that recall the handle of a tennis racket.
Customers will also receive a complimentary leather tennis ball charm with every bag purchase, exclusive to the pop-up.
Copyright © 2025 FashionNetwork.com All rights reserved.
By
Reuters
Published
September 18, 2025
U.S. President Donald Trump’s trade war is helping push U.S. clothing and footwear acquisitions to all-time highs this year, with some companies merging to help offset tariff costs while others go private to weather the next 3-1/2 years of his presidency outside the public market, dealmakers say.
Popular sneaker company Skechers announced a $9.42 billion deal in early May to go private, days after it withdrew its annual earnings forecasts and sent a letter — along with 75 other footwear companies — to Trump, stating that the tariffs were an “existential threat” to the industry.
Sneaker seller Foot Locker, which also signed the letter to Trump, in May accelerated its $2.4 billion sale to Dick’s Sporting Goods. While both deals were in the works for months, bankers and analysts said Trump’s tariffs are creating both chaos and opportunity for retailers and brands to explore tie-ups. This has driven dealmaking in the U.S. footwear and apparel sectors to roughly $21 billion in announced deals year-to-date.
With more than three months left in the year, that figure is already a record, according to LSEG data dating back to the 1970s — particularly surprising for an industry where valuations are not nearly as lofty as those in tech or financial services. The previous record for U.S. apparel and footwear M&A was last year’s $16.1 billion, and before that, 2021’s $15.6 billion, according to LSEG.
“Scale is more important in a tariff-rich environment because you can negotiate better terms across a larger base with many of your counterparties,” said Carmen Molinos, Morgan Stanley’s global co-head of consumer retail investment banking.
Morgan Stanley advised Canadian apparel maker Gildan Activewear on its acquisition last month of U.S. underwear maker Hanesbrands for $2.2 billion.
Both companies produce more in Central America and the Caribbean than in Asia, and primarily use U.S.-grown cotton, which provides them with some protection from tariffs. The combination insulates them more from fluctuating geopolitics, and Gildan was one company looking to get bigger amid the chaos.
“We think that we’re really well aligned to take advantage, actually, of this near-shoring opportunity,” Gildan’s CEO and co-founder Glenn Chamandy said on an August investor call about the deal.
Tariffs were a shock to the system that showed retailers just how quickly their businesses could get disrupted, highlighting the importance of scale, several bankers said.
“In moments of turmoil and change, those who are in a position of strength are looking to build up on those strengths, and if they see the right strategic fit, they’re taking advantage (and buying),” said JPMorgan’s Jonathan Dunlop, co-head of North America consumer and retail investment banking.
This year, JPMorgan advised 3G Capital on Skechers and brand management firm Authentic Brands Group’s $1.4 billion deal last month for Guess. Authentic also picked up Dockers from Levi Strauss, while another brand management firm, Bluestar Alliance, announced a deal to buy Dickies from VF Corp this week.
Brand management firms typically buy a brand’s IP and then license it to operating partners that handle manufacturing, design, and sales.
“The brand management companies have been some of the most prolific acquirers of both middle-market and a handful of multi-billion-dollar retail brands,” said David Shiffman, partner and head of consumer retail at Solomon Partners. The bank advised the special committee of Guess.
Navigating the uncertainty
Going private, as in Skechers’ case, is becoming an increasingly attractive option to navigate the uncertainty without the pressure of public quarterly reporting — especially if companies feel the public market is not valuing them appropriately.
Foot Locker, meanwhile, had been in discussions about a sale since Dick’s Executive Chairman Edward Stack first reached out to rival CEO Mary Dillon in January 2024.
Trump’s April 2 self-styled “Liberation Day,” when he announced sweeping new global tariffs, helped seal the deal earlier than expected, according to an SEC filing. Foot Locker said tariffs were causing the company’s stock to drop and that it was headed for a weaker-than-expected first-quarter earnings report — a development executives feared would further depress shares.
The board decided on May 10 to try to bring “negotiations to a close quickly,” it said in a securities filing. The next four days were a flurry of paperwork and legal meetings before the companies announced their deal — with two weeks to spare before reporting earnings.
Bankers advise watching for more tie-ups later this year as stronger retailers seek deals and struggling companies look for partners.
Private equity firm Bain Capital is trying to offload its stake in Canada Goose, and Lands’ End has received offers from brand management firms.
© Thomson Reuters 2025 All rights reserved.
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