In a strategic move, Dubai-based Times Square Group secures a controlling stake in the iconic British fashion label, Temperley London, setting the stage for substantial growth initiatives in both the UAE market and on the global fashion scene.
Despite facing challenges from events like Brexit and the pandemic, Temperley London remains firmly under the visionary leadership of founder Alice Temperley, with CEO Luca Donnini maintaining his pivotal role. The acquisition by Times Square Group, led by influential figure Ritesh Punjabi, promises to leverage his extensive experience in luxury retail leadership, particularly in the Middle East and on the international stage.
Temperley London, celebrated for its distinctive luxury fashion, faced setbacks due to event cancellations during lockdowns. The new ownership by Times Square Group presents a dynamic opportunity to reinvigorate the brand’s global presence.
Expressing excitement about the collaboration, Ritesh Punjabi stated, «This marks a defining moment for Times Square Group. We aspire to redefine luxury fashion globally and contribute to Dubai’s prominence in luxury retail on the world stage.»
While the UAE remains a key market for Temperley London, boasting boutiques in prestigious locations like the Dubai Mall, expansion plans include the opening of a flagship store in London, offering the complete Temperley London experience.
Founder Alice Temperley envisions the alliance as a gateway to expand into diverse product lines, including bags, shoes, ready-to-wear, accessories, and swimwear. Luca Donnini emphasizes the financial restructuring and enhanced supply chain management resulting from the collaboration, ensuring a comprehensive representation of the brand’s lifestyle and an elevated customer experience.
This strategic partnership positions Temperley London for a new era of growth, blending its timeless elegance with the global vision and expertise brought by Times Square Group.
Contact us for more information on Temperley London’s exciting journey and the brand’s evolving global presence.
