Drapers
5 June 2010
View all stories from this issue.
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Accessories Menswear Indicator, June 5 2010
Access Drapers’ unique source of sales information from mainstream retailers, revealing the best-selling brands, the hottest products and the latest issues to affect womenswear by clicking on the PDF. -
Act now to save economy, George Davies tells Government
George Davies, creator of womenswear brand and retailer GIVe and founder of Next, Per Una and George at Asda, has called on the Government to make “tough cuts” now so that the economy doesn’t have to “pay again” later. -
Adidas challenges Nike for football market share
Adidas chief executive Herbert Hainer has challenged Nike in the run up to the World Cup, claiming his German company can increase its lead over the US sportswear giant as the number one football sportswear brand. -
All Saints smashes sales targets in New York
All Saints has put British fashion firmly on the global map after it racked up sales of nearly $1m (£680,000) in its first week of trading on New York’s iconic shopping thoroughfare Broadway. -
Autumn trends bright, says New Look
New Look is confident that new-season autumn trends including aviator jackets, biker jeans, velvet dresses and blazers will help it ride out a rough autumn after the fast-fashion chain defied the recession to post a 17.7% hike in profits to £163m for the year to March 27. -
Beales acquires Robbs of Hexham
Indie department store group Beales has acquired Robbs of Hexham from MCR, the administrator for beleaguered indie department store group Vergo Retail, for £250,000. -
Blue Inc opens first store in Ireland
Men’s high street brand Blue Inc has opened its first store in Northern Ireland and expects to create over 100 jobs in the next 18 months. -
Boudoir Femme in Cambridge
Chosen by Sophia Abdallah, fashion management student at London College of Fashion -
Branded merchandise drives Jones Bootmaker EBITDA
Footwear retailer Jones Bootmaker said EBITDA almost trebled from £1.4m to £4m for the year ended January 10, after it successfully shifted its strategy to buying more branded merchandise. -
BRC warns Government against increasing VAT
The British Retail Consortium has called on the Government to focus on public spending cuts rather than tax rises in order to tackle the deficit, reiterating its belief that VAT should not be increased. -
Buyers circle IT Holding's Malo brand
Beleaguered luxury Italian fashion house IT Holding has received four expressions of interest for its knitwear brand Malo. -
Call for luxury brands to rethink US distribution
Luxury brands must alter their distribution strategies in the US to sell more full-price merchandise, a panel of industry experts has warned. -
Celebrating the best of British
Our opening news spread this week is characterised by some real displays of excellence by British fashion businesses. -
City Guides: Florence
WGSN visits the home of Pucci and Pitti, and rediscovers the Florentine art of slow fashion -
David Ward to depart Perry Ellis Europe
David Ward, managing director of Perry Ellis Europe, is to leave the company to pursue other interests. -
Day Birger et Mikkelsen makes premium move
Danish contemporary brand Day Birger et Mikkelsen will take product more premium and open its first London store this year, following a deal last week in which founder Keld Mikkelsen bought back a 50% share from Icelandic bank Straumur. -
Deflation returns to clothing and footwear in May
Clothing and footwear saw deflation of 0.7% in May, only a month after the sector recorded inflation of the same amount. -
Drapers Awards call for entries launched
The Drapers Awards 2010 has launched a call for entries at www.drapersawards.co.uk so take this chance to grab a slice of the glory. -
Drapers Footwear Awards 2010
The inside track on the parties and gossip for the week. -
East returns to profit and plans further store openings
Womenswear retailer East returned to profit in the year to January 31and is planning to open further stores and concessions. -
Footlocker bid speculation drives shares at JJB Sports
Shares surged in JJB Sports yesterday after speculation that US sports footwear giant Footlocker could make a play for the sportswear retailer. -
Graduate Fashion Week announces gala winners
Rebecca Thomson of Manchester Metropolitan University took home the Gold Award prize for best student collection at last night’s Graduate Fashion Week gala show. -
Gucci to close London office
Luxury fashion house Gucci Group is gearing up to leave its London headquarters on Grafton Street. -
Gwynn Milligan
Asos’s merchandising director is using her razor-sharp maths skills to help the etailer move beyond its ‘spotty teenager’ phase and fulfil its international ambitions -
Image Gallery: The big winners at the Drapers Footwear Awards
The footwear industry came together at London’s Grosvenor House last week to celebrate the achievements of the best in the business at the Drapers Footwear Awards 2010 -
Indie zone at Bath’s SouthGate takes shape
Bath’s SouthGate shopping centre has invited indies to apply for units in an effort to add diversity to the retail mix. -
Inditex to launch Zara transactional website on September 2
Spanish retail giant Inditex, which owns chains including Zara, Massimo Dutti, Pull and Bear and Bershka, will launch Zara transactional websites in the UK, France, Germany, Italy, Portugal and Spain on September 2. -
International sales help Asos' pre-tax profits soar 44%
Asos said that pre-tax profits soared 44% to £20.3m in the year to March 31, boosted by its burgeoning international business. -
Jackpot joins raft of Moda debuts
Moda has signed a raft of new brands for its shows at Birmingham NEC on August 8-10. -
Jasmine di Milo label to close
Jasmine Al Fayed, the daughter of Mohamed Al Fayed, is to close her label, Jasmine di Milo, to concentrate on other interests, according to reports. -
JD Sports Fashion reports improving sales
JD Sports Fashion has reported improved trading in the UK and Republic of Ireland with like-for-like retail sales up 4.1% for the eighteen weeks to June 5. -
John Lewis fashion sales up 30% this week
Department store group John Lewis reported fashion sales up 30% year on year for this week, driven by sales of footwear and accessories. -
John Lewis seeks fashion director
John Lewis is on the hunt for a new buying director for fashion after Peter Ruis was promoted to the board of the premium department store chain last week. -
Karstadt rescued by Nicholas Berggruen and BCBG Max Azria
Insolvent German department store group Karstadt is set to be rescued by a consortium involving German billionaire investor Nicholas Berggruen and luxury fashion house BCBG Max Azria. -
Laura Ashley to hit full year expectations as sales grow
Laura Ashley has said that full year trading will be in line with expectations as it revealed a like-for-like sales hike of 5.3% in the 17 weeks to May 29. -
Lead them into temptation
Attracting visitors to your website is all very well, but it’s turning those visits into sales that really matters -
Lib-Cons must force banks to lend a hand
A few weeks in, it’s still taking time to get used to the idea of a coalition government. But the alliance of blue and orange - a fashion combination possibly not seen since the acid house music craze - is proving popular with many people I’m talking to. -
Lingerie and Swimwear Womenswear Indicator, June 5 2010
Access Drapers’ unique source of sales information from mainstream retailers, revealing the best-selling brands, the hottest products and the latest issues to affect womenswear by clicking on the PDF. -
Londonedge brings in new British talent
Londonedge and Londoncentral will showcase a number of new young British fashion brands in September. -
M&S continues to push ethical Plan A programme
Marks & Spencer has met 62 of its original 100 commitments in its ethical Plan A programme since it launched three years ago. -
Marta Jonsson
The Icelandic women’s footwear designer speaks to Emma McCarthy about why she chose to launch her own retail concept -
Menswear
Spring 11 -
Monsoon founder takes £14m dividend
Peter Simon, founder of womenswear retailer Monsoon, shared a £14m dividend with his family last year, according to The Sunday Times. -
Moss Bros issues price hike warning
Menswear retailer Moss Bros has warned it will be forced to increase its prices as it battles against the sharp rise in cotton prices and a likely hike in VAT. -
Net-a-Porter to launch men's site
Luxury etailer Net-a-Porter will launch a stand-alone site for men in January. -
OFT clears Sports Direct stake in Blacks
The Office of Fair Trading (OFT) has ruled that Sports Direct’s shares in Blacks Leisure did not create any competition issues. -
Oxford Industries reports small growth
Oxford Industries, the US supply group which owns Ben Sherman, reported a 0.5% increase in consolidated net sales of $217.8m (£150.5m) up from $216.7m (£149.8m) for the first quarter ended May 1. -
Paris indie Maria Luisa to close
Maria Luisa, the iconic French designer independent, is to shut up shop in Paris to focus on trading in department stores and online, claiming they are “100 times” more powerful routes to market than destination boutiques. -
Pepe Jeans to raise its profile with sub-brands
Pepe Jeans London is gearing up for the launch of two new sub-brands within its spring 11 menswear range to reignite interest in the brand in the UK market. -
Phil Goodfellow
co-owner of premium menswear indie Northern Threads in South Shields, Tyne & WearBrands include Armani Jeans, Boss Green, Edwin, Lyle & Scott, Pretty Green -
Prada mulls IPO
Prada is considering listing its shares on the Milan and Hong Kong stock exchanges, according to reports. -
Richemont completes acquisition of Net-a-Porter
Luxury goods group Richemont has completed its acquisition of shares in Net-a-Porter following its offer on 1 April. -
Richmond Classics, Bournemouth
This stalwart young fashion indie has doubled in size by adding a pharmacy-styled department which dispenses a healthy dose of fun to its customers -
Seafolly
The Australian swimwear brand hopes to turn bikinis and swimsuits into a considered purchase for UK women -
Selfridges' Oxfam pop-up shop raises £48,000
Selfridges’ Oxfam pop-up shop made over £48,000 in its one week of trading - more than the average Oxfam store makes in a year. -
Sir Ken Morrison: ‘Marc Bolland was no retailer’
Incoming Marks and Spencer chief executive Marc Bolland has come under fire from Sir Ken Morrison, founder of supermarket chain Morrisons, which Bolland left to join M&S. -
Skechers strikes licensing deal with Shuz 4 U
Footwear brand Skechers has signed a retail licensing deal with footwear retailer Shuz 4 U to open and operate Skechers branded retail stores in the Republic of Ireland. -
Sunshine boosts sales in May but womenswear underperforms
Retail sales increased 0.8% on a like-for-like basis for May, with clothing and footwear sales boosted by the sunny weather. -
Tesco chief Sir Terry Leahy to retire in March
Sir Terry Leahy is to retire from Tesco after 14 years as chief executive in March when he will be replaced by international director Philip Clarke. -
The weekend newspaper round-up: June 5 to 6 2010
A round up of the best fashion business stories from the weekend’s newspapers. -
TJ Hughes pulls sale process
TJ Hughes, the discount department store chain, has axed its sale process Drapers has learned. -
Video: All Saints store, Broadway, New York
All Saints opened a store on New York’s iconic shopping street Broadway late last month and racked up sales of nearly $1m (£680,000) in its first week of trading. See a video of the store here. -
Wade: depressed market is ripe for branded acquisitions
Three years after he sold Boxfresh, the streetwear brand he founded, to Pentland Brands, Roger Wade tells Drapers why he thinks now is the right time for him to get back into the branded wholesale market -
Walmart outlines plans to grow George overseas
Walmart, the US giant which owns Asda in the UK, has said that it will roll out Asda’s George clothing line in to further markets. -
Womenswear
Spring 11 -
www.mariagrachvogel.com
Womenswear designer Maria Grachvogel’s eponymous label aims to bring the personal touch to online retailing. -
Young Fashion
Spring 11
