Index  ›  finance  ›  City PM
finance · City PM ↗

Keeping up with the cash: SKIMS’ law firm hits record revenue 

City PM Published Jun 15, 2026 Reviewed Jul 2, 2026 ✓ Reviewed by citations.press editors
Citation-ready fact
UK law firm Browne Jacobson reported record revenue of £148.8m for the year, up 9% from the previous year.
148800000 GBP · revenue9 % · revenue growth
View source ↗
Citation-ready fact
Browne Jacobson advised SKIMS on securing a 10-year lease for its flagship Regent Street store.
10 years · lease term
View source ↗
Citation-ready fact
SKIMS’ Regent Street flagship store will occupy a 12,000-square-foot premises formerly held by Ted Baker.
12000 square feet · store area
View source ↗
Citation-ready fact
No Ordinary Designer label, Ted Baker’s licensing operator, fell into administration in March 2024, resulting in 245 job cuts and 15 permanent store closures.
245 jobs · job cuts15 stores · store closures
View source ↗
Citation-ready fact
Browne Jacobson’s record revenue was achieved before any contribution from its merger with Davidson Donald (now Browne Jacobson Northern Ireland), which occurred in May 2026.
2026 · merger date
View source ↗

UK law firm Browne Jacobson has hit record revenue of nearly £150m, partly driven by high-stakes projects, including advising Kim Kardashian’s clothing brand SKIMS on its flagship Regent Street store. 

The firm said it raked in £148.8m in revenue for the year, up 9 per cent from last year, driven by growth across the core sectors it advises, including acting for corporate clients in the retail sector. 

“This has been a year of purposeful investment, bold ambition and significant progress,” Richard Medd, managing partner at Browne Jacobson, said. 

In July 2025, the firm said it had advised the clothing and lingerie brand, co-founded and owned by American billionaire and reality TV personality, Kim Kardashian, on securing a 10-year lease for a flagship store in the City. 

The reality TV star-turned-business mogul joined the billionaire’s club in 2021 as she appeared for the first time on Forbes magazine’s list of the world’s billionaires, with SKIMS partly to thank. 

The UK is SKIMS’ largest market outside the US, which Browne Jacobson said makes London “the natural choice for its first standalone European store”, expected to open this summer. 

The firm added that the lease agreement with the Crown Estate “positions SKIMS prominently within one of London’s most coveted retail corridors”, which is well-known for housing flagship stores for retail giants such as Hamleys, Burberry, Coach, and Liberty London. 

Browne Jacobson also said its record revenue was achieved before any contribution from Browne Jacobson Northern Ireland – formerly Davidson Donald – which the company merged with in May 2026. 

The SKIMS flagship store will take over the former 12,000-square-foot premises of Ted Baker before it permanently closed its Regent Street shop in August 2024 after the financial collapse of the company’s UK retail operator. 

This followed the retail giant’s licensing operator, No Ordinary Designer label, falling into administration in March 2024, resulting in 245 jobs being slashed and 15 stores being permanently closed. 

Mike Ashley’s Fraser’s Group and Next both expressed interest in buying Ted Baker, but neither reached a deal. 

This article was originally published by City PM ↗. citations.press indexes the source-backed facts above and links to the original. Something wrong? Corrections policy · Report an error