The British retailer had been looking to strike a deal with its landlords to prevent store closures on both sides of the Atlantic.
Hit hard by the pandemic, AllSaints is getting a new cash injection as it faces tens of millions of dollars in unpaid rent.
The British high street brand is the latest name to fall victim to the COVID-19 lockdown measures, and is now seeking insolvency protection for its retail portfolio.
BFC, British government and brands tout green agenda at London reception.
“Los Angeles has been so pivotal in the brand growth,” shared the London-based brand’s creative director Wil Beedle.
The collection will launch with three unisex fragrances.
It’s all change at AllSaints, with former chief executive officer William Kim drumming up digital business for Lion Capital, the British retailer’s parent company.
GBG will design and distribute men’s and women’s footwear, socks, costume jewelry and cold weather accessories for the British label.
The company’s growth plan is being led by the desire to craft a more well-rounded image extending beyond the leather jacket.
The 7,000-square-foot store will carry some limited edition jackets in leather and shearling.
The British retailer aimed for a more diverse co-tenancy with its relocation from Michigan Avenue.