White Stuff news and archive

White Stuff names Tracey Verghese as managing director

White Stuff has promoted Tracey Verghese to managing director. The position is a step up from Verghese’s current role as trading director, in which she had been leading the British fashion retailer’s commercial strategy. In a statement, Verghese said it was “an honour” to step into the role of managing director”, adding that the company was “in...

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White Stuff CEO Jo Jenkins to exit company

Jo Jenkins is stepping down from White Stuff. The British retailer announced today that its chief executive officer, who has been with the company since 2018, will be exiting her role “to pursue new opportunities”. During her time at White Stuff, Jenkins was credited with steering the brand through “a period of significant growth and...

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White Stuff records strong Christmas trading

British fashion and lifestyle retailer White Stuff, reported a strong Christmas trading period with total sales up 21.8 percent year on year, underpinned by strong e-commerce growth of 32.5 percent and store sales increase of 8.5 percent. The brand, now part of TFG London, said in a release that full price sales increased by 26.8 percent year on...

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Hobbs, Whistles and Phase Eight owner TFG London acquires White Stuff

TFG London, owner of Hobbs, Whistles and Phase Eight fashion brands, has acquired British fashion and lifestyle retailer, White Stuff. Without disclosing the financial details, the company said that the acquisition will be funded from the group’s recently refinanced debt facility.. TFG London said in a release that it will retain White Stuff’s...

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Whistles owner reportedly close to acquiring White Stuff

South African-based The Foschini Group (TFG) is believed to be close to securing a deal to acquire White Stuff as it continues to cement its expansion plans. The company, which owns the likes of Whistles, Phase Eight and Hobbs, could see a possible acquisition agreement struck “within days”, sources for Sky News said, resulting in what could be...

Retail

White Stuff to open first airport store in London Gatwick

British retailer White Stuff is preparing to open its first airport store in London Gatwick, where it will put an emphasis on travel-inspired goods. Set to open in late November, it will be the first store of the brand to be located within an airport and will further build on a wider retail expansion plan that has already been fuelled by a...

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White Stuff increases full year sales and profit

British lifestyle brand White Stuff said sales for the full year increased to 155 million pounds, up 2.4 percent versus the previous year. The company said, full price sales for the year under review were up 6.8 percent, driven by reduced promotional activity, and a focus on customer ‘favourites’ ranges, which accounted for 50 percent of full...

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White Stuff targeting the US and expanding wholesale business

British fashion and lifestyle brand White Stuff is launching in the US this summer as it looks to step up its international expansion plans and double the size of its wholesale business over the next four years. In a statement, White Stuff said it will be rolling out this month through several wholesale retail partners in seven US states,...

Retail

White Stuff to expand presence into 10 more Marks & Spencer stores

British department store giant Marks & Spencer is set to expand the presence of fashion retailer White Stuff into 10 more of its stores throughout 2024. It builds on the already existing relationship between the duo which first formed in 2021 when White Stuff joined Marks & Spencer’s ‘Brands at M&S’ online platform. Now, the brand will...

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White Stuff reportedly mulling sale following unsolicited offer

British retailer White Stuff is believed to be mulling a potential sale of the firm after it received an unsolicited takeover approach from a third party. The founders of the company, George Treves and Sean Thomas, are said to have appointed investment bank Rothschild to advise on the process moving forward, according to a source for Sky News,...

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Business|Interview

‘We’re a million miles an hour right now’: White Stuff’s trading director on modernised transformation

Among the bustling crowd of Who’s Next, White Stuff presented the international industry with a collection that reflected the ongoing refresh at the British label, an underlying transformation that looks to speak to the brand’s loyal customer in a new way. Within the AW24 assortment of Fair Isle cardigans, corduroy two-pieces and essential...

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White Stuff launches review of store estate

White Stuff has reportedly called in advisors to conduct a review of its 115-store estate amid a challenging trading environment. The British fashion and lifestyle brand has appointed PHD Property to run the review as it explores a number of options going forward, Property Week reports. “In light of the current trading environment, we have taken...