Apparel Online India Magazine July 2nd Issue 2018 | Page 13

RETAIL CURRENT Apricot announces retail expansion in UK UK based women’s fashion brand Apricot has announced its retail expansion in UK. The fashion retailer will open its 13th standalone store in UK at The Broadway Shopping Centre, a fantastic and popular retail destination in Bradford. It has secured a 3,609-square-foot area in the Eastbrook Mall to set up the latest store. The retail brand is currently available in 400 concessions across UK and Ireland. The brand will share its location with The Fragrance Shop and Foot Locker at Bradford, which has now become a prime retail and leisure destination in Yorkshire. Sophia Ciampa, who co-founded the brand, is hopeful that customers at Bradford will appreciate Apricot’s products. Additionally, the brand retails its products through concessions and stockists in mainland Europe, America and Canada. It reported 8.3 per cent increase in its turnover to £ 42.6 million in the year ending February 2017. Profit also zoomed around 60 per cent to £ 2.2 million. Apricot has become well known for its signature prints and is constantly looking to find new, innovative, and easy-to-wear prints from all over the world. It is known for delivering high quality clothing at an affordable price. www.apparelresources.com | JULY 16-31, 2018 | Apparel Online India 13