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005. Psyche

175-187 Linthorpe Road, Middlesbrough

Who you need to know Owner Steve Cochrane

Brands include Armani Jeans, Barbour, Hugo Boss, Michael Kors, Oliver Spencer, Paul Smith, Ralph Lauren, William Hunt

Psyche owner Steve Cochrane says his mission is “to create the ultimate retail theatre”, and many could agree that this young fashion indie does just that.

The iconic store spent £328,000 last year on a revamp, with 17 exclusive new in-store boutiques.

It also celebrated the big 3-0 and is enjoying annual growth of 10.3%.

Investment in Psyche continues in 2013 with a 5,000 sq ft extension on the top floor to house its online business, new EA7 and Polo Ralph Lauren shop-in-shops, and the indie has teamed up with Middlesbrough College to launch a Jamie Oliver-style chef’s training restaurant on its first floor.

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