All Saints news and archive

All Saints feels the cold: preliminary annual profits plummet

Increasing consumers’ preference for online shopping is denting British fashion retailer All Saints’ profits. The retailer has seen its underlying profits plummet by more than half over the past twelve months. The company’s underlying profits fell by more than half to 10.6 million pounds according to ‘City A.M.’ The London-based journal points...

Retail

All Saints grows footprint in the US

Premium, London-based retailer, All Saints, is expanding its footprint overseas in the US with the opening of three new stores. Located in Scottsdale, Arizona, Las Vegas, Nevada and Honolulu, Hawaii, the three stores, which all opened their doors in March, offer the fashion retailer’s full Spring 2016 ranges for men and women as well as its new...

Apparel

AllSaints launches film company

Fashion retailer AllSaints has launched a film production division, AllSaints Film, which will deliver several projects each year, including "music, style and street documentaries to cutting-edge moving image installations". Helmed by AllSaints’ creative director Wil Beedle, the film production company will make its debut on May 17 with a...

Apparel

All Saints appoints William Kim as CEO

Fashion retailer All Saints has appointed William Kim as its new chief executive. He will join All Saints on October 15, taking over from Peter Wood, the company’s former chief financial officer. Currently, Kim is acting as the senior vice president of retail and digital commerce at Burberry. He has over 14 years’ experience in the luxury...

Fashion

All Saints bought by investment firms

After weeks of speculation, All Saints has found a partner to bring it out of its financial woes. The company is expected to be bought by private investment firms Lion Capital and Goode Partners for £105 million. All Saints has been looking to find a buyer for stakes held by the collapsed Icelandic banks Kaupthing and Glitnir for some weeks now....

Fashion

All Saints teams up with Lion Capital & Goode Partners

All Saints is on the verge of securing a £102m ($168m) rescue funding package from a private equity consortium to save itself from administration. But the deal has yet to gain the approval of the ailing retailer’s Icelandic shareholders. Retail entrepreneur Kevin Stanford has launched an eleventh hour management buyout for his struggling fashion...

Fashion

AllSaints urgently needs £100m

The youth fashion chain AllSaints, founded by Kevin Stanford, is in urgent talks with potential investors to raise an emergency budget that would allow the London based retailer to secure its long term future. In the year to v by 46% to £132.9m. Liquidators to two collapsed Icelandic banks have put their stakes in the British clothing chain...