Aspinal of London news and archive

Aspinal of London names new CEO

British luxury leather goods and accessories brand Aspinal of London has appointed Laura Brown as its new chief executive officer. Brown has an extensive background in luxury retail and will bring a “wealth of experience,” including an innovative approach to business strategy, said Aspinal of London, while also playing an important role as the...

BusinessFeatured

Aspinal of London's multi-channel approach drives sales growth

Aspinal of London has reported 15 percent sales growth in the month of December. Aspinal saw strong performance across both its online and retail channels over the Christmas period. "Aspinal's post-covid strategy was to focus on our roots as an online business supported by only the most prestigious and select retail partners and our unique...

Business

Aspinal of London reports 29 percent revenue growth

Aspinal of London Limited’s sales grew by 29 percent from 23.1 million pounds reported in FY21 to 29.8 million pounds in the year to December 31, 2022. The luxury leather goods label said in its latest filing with the Companies House UK that adjusted EBITDA for the year reached 5.5 million pounds, up 57 percent compared to 3.5 million pounds in...

Business

Aspinal of London upbeat on online strategy despite Covid sales hit

Aspinal of London has revealed it took a big hit to its sales during the pandemic, but remains upbeat on its transformation into an online-first retailer. In the year to March 31, the British fashion retailer reported a 31 percent drop in sales to 23.1 million pounds and its adjusted EBITDA narrowed to 3.4 million pounds from 5.8 million pounds,...

BusinessFeatured

Aspinal of London CVA gets the green light

British luxury retailer Aspinal of London has received the green light from creditors to go ahead with its proposed company voluntary arrangement (CVA), meaning all 10 of its stores will be permanently closed. The CVA was “comfortably” approved by over 75 percent of its creditors last week, a source close to the retailer told Drapers. Founded in...

Business

Aspinal of London launches CVA proposal

Aspinal of London has launched a CVA proposal. The British retailer operates as an e-commerce business alongside ten stores in the UK across city centres, and also trades from concessions in department stores: Harrods and Selfridges. For the CVA to go ahead, the proposal needs approval from 75 percent of the Aspinal of London’s creditors. The...

Fashion Featured

Aspinal of London unveils Giles Deacon collaboration

British accessories brand Aspinal of London unveiled a collaboration with womenswear and couture designer, Giles Deacon at its London Fashion Week presentation this week. The whimsical collaboration, which features a capsule collection of bags, small leather accessories and silk scarves embellished with Deacon’s playful hand-drawn illustrations,...

Business

Aspinal of London's FY17 ecommerce sales surge 36 percent

Despite an IT glitch on Harrods website in December that wrongly priced Aspinal of London bags at 8.08 pounds and 2.13 pounds instead of 950 pounds and 250 pounds respectively, the company has revealed in its accounts filed with the Companies House UK that ecommerce sales jumped 36 percent, while retail sales rose 17 percent and like-for-like...

RetailFeatured

Aspinal of London opens largest flagship store in London

Luxury accessories label Aspinal of London has opened a new flagship store in London. Located on the highly sought after St James’s Market, the 400 million pounds redevelopment on Regent Street, the new store pays homage to the brand’s British heritage by evoking the essence of the English country home within a traditional townhouse. Aspinal of...

People

Lisa Montague is the new CEO of Aspinal of London

Lisa Montague will be taking up the CEO’s role from September 2017 at luxury accessories label Aspinal of London, says The Industry London report. Former Loewe president and CEO, Montague replaces Sarah Rotheram, who has been with the company for the last three years. Before her stint with Spanish LVMH-owned luxury group Loewe, Montague was...

Fashion Featured

Aspinal of London teams up with Michelle Dockery

British actress Michelle Dockery, best known for playing Lady Mary Crawley in Downton Abbey, has created a line of ladylike handbags and scarves with Aspinal of London, which were unveiled at the brand’s London Fashion Week presentation. The Dockery Collection features a vintage-looking handbag, which comes in two silhouettes, both of which...

Fashion

Aspinal of London partners with Cunard

Fashion and accessories brand Aspinal of London is collaborating with luxury cruise company Cunard on a new co-branded travel collection that will be available exclusively on board Cunard’s flagship Queen Mary 2. The collaboration will allow guests on board to buy co-branded Cunard and Aspinal of London pieces including a travel range, a...