Latest news with #LDO
Fashion Network
16-06-2025
- Business
- Fashion Network
Crocs to open its first London outlet store this year
Crocs will enter the outlet sector in London for the first time this year having signed a five-year lease for a 1,456 sq ft unit at Wembley Park's London Designer Outlet. LDO has attracted a raft of big names in recent periods with the latest openings including French Connection, Rituals and Miniso. The premium fashion and lifestyle outlet destination will be home to Crocs adults' and kids' lines, as well as a wide variety of the popular Jibbitz charms that personalise individual shoes. LDO is a popular shopping destination, and like others in the booming outlet sector, has seen strong spend from 'a diverse, brand-savvy shopper and affluent shopper, keen to access quality, premium brands at an affordable price'. It also said that shoppers under the age of 44 made up over half of LDO's total spend during the past year, and the aforementioned brands that have opened there have a particular appeal for this demographic. Matt Slade, Retail Director at Quintain (the property investment and development business behind Wembley Park as a whole), said: 'Crocs is a globally recognised brand that taps into the huge footwear trend among the dynamic, young and brand-savvy shopper demographic that we see here. LDO sits immediately within the buzz of London's fast-growing, vibrant new neighbourhood with a diverse multi-generational audience and international students on the Wembley Park doorstep, while enjoying year-round high footfall driven by its iconic location next to the Wembley Stadium and excellent connectivity with London and commuter hubs. 'As a must-have and innovative brand, Crocs strengthens our position as London's haven for shoppers seeking on-trend, premium footwear and trainers at affordable prices.' The Wembley Park district sees footfall of 16.4 million a year made up of residents, office workers, day visitors and event-goers. As part of this, LDO attracts a big chunk of that footfall. Managed by Multi-Realm, it has 70 outlet stores, restaurants, and coffee shops across 265,000 sq ft of retail and leisure space.
Fashion Network
16-06-2025
- Business
- Fashion Network
Crocs to open its first London outlet store this year
Crocs will enter the outlet sector in London for the first time this year having signed a five-year lease for a 1,456 sq ft unit at Wembley Park's London Designer Outlet. LDO has attracted a raft of big names in recent periods with the latest openings including French Connection, Rituals and Miniso. The premium fashion and lifestyle outlet destination will be home to Crocs adults' and kids' lines, as well as a wide variety of the popular Jibbitz charms that personalise individual shoes. LDO is a popular shopping destination, and like others in the booming outlet sector, has seen strong spend from 'a diverse, brand-savvy shopper and affluent shopper, keen to access quality, premium brands at an affordable price'. It also said that shoppers under the age of 44 made up over half of LDO's total spend during the past year, and the aforementioned brands that have opened there have a particular appeal for this demographic. Matt Slade, Retail Director at Quintain (the property investment and development business behind Wembley Park as a whole), said: 'Crocs is a globally recognised brand that taps into the huge footwear trend among the dynamic, young and brand-savvy shopper demographic that we see here. LDO sits immediately within the buzz of London's fast-growing, vibrant new neighbourhood with a diverse multi-generational audience and international students on the Wembley Park doorstep, while enjoying year-round high footfall driven by its iconic location next to the Wembley Stadium and excellent connectivity with London and commuter hubs. 'As a must-have and innovative brand, Crocs strengthens our position as London's haven for shoppers seeking on-trend, premium footwear and trainers at affordable prices.' The Wembley Park district sees footfall of 16.4 million a year made up of residents, office workers, day visitors and event-goers. As part of this, LDO attracts a big chunk of that footfall. Managed by Multi-Realm, it has 70 outlet stores, restaurants, and coffee shops across 265,000 sq ft of retail and leisure space.
Fashion Network
16-06-2025
- Business
- Fashion Network
Crocs to open its first London outlet store this year
Crocs will enter the outlet sector in London for the first time this year having signed a five-year lease for a 1,456 sq ft unit at Wembley Park's London Designer Outlet. LDO has attracted a raft of big names in recent periods with the latest openings including French Connection, Rituals and Miniso. The premium fashion and lifestyle outlet destination will be home to Crocs adults' and kids' lines, as well as a wide variety of the popular Jibbitz charms that personalise individual shoes. LDO is a popular shopping destination, and like others in the booming outlet sector, has seen strong spend from 'a diverse, brand-savvy shopper and affluent shopper, keen to access quality, premium brands at an affordable price'. It also said that shoppers under the age of 44 made up over half of LDO's total spend during the past year, and the aforementioned brands that have opened there have a particular appeal for this demographic. Matt Slade, Retail Director at Quintain (the property investment and development business behind Wembley Park as a whole), said: 'Crocs is a globally recognised brand that taps into the huge footwear trend among the dynamic, young and brand-savvy shopper demographic that we see here. LDO sits immediately within the buzz of London's fast-growing, vibrant new neighbourhood with a diverse multi-generational audience and international students on the Wembley Park doorstep, while enjoying year-round high footfall driven by its iconic location next to the Wembley Stadium and excellent connectivity with London and commuter hubs. 'As a must-have and innovative brand, Crocs strengthens our position as London's haven for shoppers seeking on-trend, premium footwear and trainers at affordable prices.' The Wembley Park district sees footfall of 16.4 million a year made up of residents, office workers, day visitors and event-goers. As part of this, LDO attracts a big chunk of that footfall. Managed by Multi-Realm, it has 70 outlet stores, restaurants, and coffee shops across 265,000 sq ft of retail and leisure space.
Business Recorder
11-06-2025
- Business
- Business Recorder
Petrol, HSD and furnace oil: Rs2.5/litre carbon levy imposed
ISLAMABAD: The federal government has proposed to impose a carbon levy of Rs2.5 per litre on petrol, high-speed diesel (HSD) and furnace oil in the next fiscal year 2025-26. The new tax will be implemented alongside the existing petroleum levy on petroleum products and is expected to generate around Rs46 billion revenue for the government during the fiscal year 2025-26. It will not apply to kerosene oil and light diesel oil (LDO). The same levy will be increased to Rs5 per litre to generate Rs95 billion in fiscal year 2026-27, sources said. The funds collected will be allocated towards green budgeting initiatives. The measure comes after the government concluded negotiations with the International Monetary Fund (IMF) for the fiscal year 2026 budget. Copyright Business Recorder, 2025
Time of India
10-06-2025
- Business
- Time of India
Upgraded hotmix plant functional, yet tender floated to asphalt road
1 2 3 Nagpur: Even as the Nagpur Municipal Corporation (NMC) recently commissioned its hotmix plant at Hingna after a long-overdue upgrade, the public works department (PWD) floated a tender for Rs24.73 lakh to asphalt a road in Shanti Niketan Colony in the Laxmi Nagar zone. The move sparked criticism, as the internal tar road is in a poor condition and residents were demanding immediate repairs, which the plant was expected to handle efficiently. Just a few weeks ago, a committee led by officiating chief engineer Manoj Talewar certified the new counter flow drum mix plant as fully functional. A comprehensive inspection on May 5, conducted by a six-member committee including officials from mechanical and hotmix departments, found all components such as the thermodrum unit, bitumen storage tanks, cold feeder and control cabin systems aligned with technical specifications. During the trial, the plant produced a batch of bituminous mix (BM), which was found satisfactory. Only a minor issue of noise from the thermodrum's chain drive was noted and rectified with lubrication. Additionally, samples were tested and calibrated by a third-party lab, confirming the quality output of the plant. With civic complaints rising and citizens demanding better infrastructure, NMC's decision to outsource a road project even after certifying its plant as operational raised serious concerns about administrative efficiency and public accountability. However, Talewar defended the tender stating that "the plant has only recently become operational and is yet to run at full capacity." Ironically, the audit report signed by Talewar himself had confirmed the smooth functioning of the plant. The new plant, capable of producing 60-90 tonnes of asphalt per hour (up from the previous 30 tonnes), was projected to significantly reduce NMC's dependency on private contractors. Citing an example, an NMC official said that a 700-metre stretch at Manish Nagar was asphalted at a cost of Rs35 lakh by deploying services of the old hot-mix plant last year, while private firms would have quoted Rs1.5 crore for the same work. The 25-year-old unit was dismantled and the upgraded facility was completed ahead of its May deadline by installing a modern Light Diesel Oil (LDO)-based drum mix plant. It was seen as a major step toward achieving transparency, quality control, and cost-effectiveness in roadwork, especially considering that NMC spends over Rs95 crore annually on outsourcing road repairs, compared to Rs5 crore on in-house operations. A pre-monsoon survey by the hot mix department identified 497 potholes and 159 bad roads across the 10 zones, excluding roads managed by other agencies like the Nagpur Improvement Trust and the National Highways Authority of India. Subsequently, it sought details of bad roads from the zonal offices. None of the zones have so far submitted the lists of bad roads or potholes with locations, confirmed the official.
