Radley news and archive

Radley to target America with Macy’s deal

British handbag and accessories brand Radley is set to return to the American market, following its withdrawal six years ago, after signing an exclusive deal with US department store chain Macy’s. The deal, will see Radley opening concessions in 100 Macy’s stores by Christmas, with as many as 300 possible within the next 12 months, as the...

Report

Radley annual sales rise but profit falls to 1.8 mn pounds

For the year to April 30, 2016, luxury handbag maker Radley’s retail profits increased while its design and manufacturing arm reported a drop, according to This is Money. The company’s revenue increased from 39.9 million pounds (49.7 million dollars) to 41.8 million (52 million dollars). The London-based handbags brand favoured by celebrities...

Report

Radley reports 9 percent rise in like-for-like Christmas sales

The British handbags and accessories label Radley has posted a strong growth in Christmas like-for-like sales of 9 percent, according to The Times report. A preferred choice of celebrities such as Pippa Middleton and Paloma Faith, this is the fourth consecutive year of rise in comparable Christmas sales. The report added that according to Justin...

Report

Bregal Freshstream acquires Radley

British handbag and accessories brand Radley has been acquired by private equity firm Bregal Freshstream for an undisclosed sum. Radley has 33 stores and eight concessions across the UK, and has a presence in John Lewis, House of Fraser, and more than 200 other department stores and independent shops nationwide. The British label also operates...

People

Radley names new CEO

Radley + Co, parent company of British leather goods and accessories label Radley, has named Justin Stead as its new Chief Executive Officer, effective from May 6. Stead, who previously was CEO of luxury jewellery retailer Aurum Holdings before exiting in the company in 2014, will be replacing Xavier Simonet at Radley + Co. Earlier this year the...

Apparel

Radley to focus on Asia and Middle East

British accessories brand Radley is in discussions with “multiple partners” about taking its famous Scottish Terrier logo across Asia and the Middle East. Radley, best known for its classic handbags, is planning to take its logo across Asia after getting sales and profits back on track in the UK. The company, owned by private equity houses...