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Retail

Mint Velvet to open in Milton Keynes

British womenswear brand Mint Velvet is opening a new store within the premium Silbury Arcade section of Milton Keynes shopping centre The Centre:MK this summer. In a statement, Mint Velvet said that the 2,800 square foot space will be a “key regional store” for the brand as it continues to focus on its expansion within “premium retail...

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FashionFeatured

River Island owners acquire Mint Velvet in 100 million pound deal

River Island’s parent company Lewis Trust Group (LTG) has acquired British womenswear retailer Mint Velvet in a deal reportedly valuing the company at more than 100 million pounds. The deal will see Mint Velvet co-founders Peter Davies, Liz Houghton and Lisa Agar-Rea share a multimillion-pound payout, according to the Guardian. LTG, which is run...

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