Suit Direct news and archive

Baird Group commences Suit Direct expansion

Suit Direct owned by Baird Group has agreed terms on three new stores in major northern cities - Leicester, Newcastle and Birmingham. The move will expand Suit Direct’s footprint to 27 stores across the UK, and the retailer has added that there are “further stores in the pipeline”. In Birmingham, Suit Direct has taken a new lease at Unit 1, The...

BusinessFeatured

Suit Direct opens Birmingham flagship store, eyes further expansion

Formalwear retailer Suit Direct is to begin an ambitious expansion plan after opening a new flagship store in Birmingham this week. The company, which is part of the Baird Group, is looking to open 10 city-centre stores by the end of 2020 and up to 25 stores within the next 18 months, The Business Desk reports. “With a focus on greater...

BusinessFeatured

Baird Group gets green light for CVA

Baird Group, the license holder of brands Suit Direct and Ben Sherman, has received approval from its creditors to go ahead with a company voluntary arrangement (CVA). The vote saw around 94 percent of all voting creditors choosing to approve the CVA, which was put forward on 23 July 2020. Mark Cotter, CEO of Baird Group, said in a statement: “...

Fashion

Suits You goes into administration

The company behind the menswear chain Suits You, Speciality Retail Group, has been bought by restructuring specialists GA Europe and put in to administration. GA Europe has appointed Peter Holder, Fraser Gray and Stuart Mackellar of recovery specialists Zolfo Cooper as administrators and will help them to assess SRG’s trading and retail...