http://www.drapersonline.com/RSS/news.xml en-uk Baugur has rejected speculation for the second time in a week that the banking crisis in Iceland will affect its UK investments. http://www.drapersonline.com:80/news/2008/10/baugur_says_icelandic_crisis_will_have_no_impact.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/baugur_says_icelandic_crisis_will_have_no_impact.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Marino Donati 06 October 2008 19:05 http://www.drapersonline.com:80/images/gunnar_resized_70_tcm12-1084502.jpg The future of womenswear business Ghost is uncertain after a major investor has pulled the plug on funding for the business. http://www.drapersonline.com:80/news/2008/10/ghosts_future_uncertain_as_investor_pulls_funding.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/ghosts_future_uncertain_as_investor_pulls_funding.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Emily Seares 06 October 2008 15:46 http://www.drapersonline.com:80/images/ghost_window_805_resized_70_tcm12-1888485.jpg Concerns have grown about Baugur's investments in the UK retail sector as the economic turmoil in Iceland mounts. http://www.drapersonline.com:80/news/2008/10/baugur_fears_grow_after_turmoil_in_iceland.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/baugur_fears_grow_after_turmoil_in_iceland.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Marino Donati 06 October 2008 10:09 http://www.drapersonline.com:80/images/jon-asgeir-johann_resized_70_tcm12-1223229.jpg Credit insurance company Coface has withdrawn cover for suppliers to JJB Sports. http://www.drapersonline.com:80/news/2008/10/jjb_sports_suppliers_credit_insurance_pulled.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/jjb_sports_suppliers_credit_insurance_pulled.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Marino Donati 06 October 2008 09:39 http://www.drapersonline.com:80/images/JJBFascia_resized_150_tcm14-85157_resized_70_tcm12-1874442.jpg Luxury private-sale website Cocosa will launch later this month selling premium brands at discounted prices. http://www.drapersonline.com:80/news/2008/10/publisher_to_launch_membersonly_designer_website.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/publisher_to_launch_membersonly_designer_website.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Marino Donati 06 October 2008 19:33 http://www.drapersonline.com:80/images/Cocosa%20Landing%20Pagelaunch_resized_70_tcm12-1888863.JPG George at Asda has sold 77,000 "little black credit crunch coats" this weekend, after launching the product to offer cash-strapped shoppers investment pieces. http://www.drapersonline.com:80/news/2008/10/asda_launches_15_wool_coat.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/asda_launches_15_wool_coat.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Ana Santi 06 October 2008 11:03 http://www.drapersonline.com:80/images/HF_Asda_-black-coat-s01_040_resized_70_tcm12-1888133.jpg Hundreds of retailers are in danger of going bust in the new year, according to the UK's largest insolvency specialist. http://www.drapersonline.com:80/news/2008/10/hundreds_of_retailers_to_go_bust.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/hundreds_of_retailers_to_go_bust.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Ana Santi 06 October 2008 10:38 http://www.drapersonline.com:80/images/highstreet_resized_70_tcm12-1886590.jpg Valentino creative director Alessandra Facchinetti has left the company less than 24 hours after the label's catwalk show in Paris yesterday, amid a harsh exchange of words between the two parties. http://www.drapersonline.com:80/news/2008/10/valentino_sacks_creative_director.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/valentino_sacks_creative_director.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Ana Santi 06 October 2008 11:42 http://www.drapersonline.com:80/images/Valentino%20A08_resized_70_tcm12-1888146.jpg Stella McCartney, the fashion house owned by Stella McCartney and fashion giant Gucci, posted pre-tax profit of £1.1m over the year to December 2007, on sales of £11m. http://www.drapersonline.com:80/news/2008/10/stella_mccartney_breaks_through_1m_profit_barrier.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/stella_mccartney_breaks_through_1m_profit_barrier.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Laura Weir 06 October 2008 11:47 http://www.drapersonline.com:80/images/stella_resized_70_tcm12-300839.jpg The best news stories from the weekend's papers... http://www.drapersonline.com:80/news/2008/10/weekend_roundup_for_oct_4_and_5.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/weekend_roundup_for_oct_4_and_5.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Marino Donati 06 October 2008 10:38 http://www.drapersonline.com:80/images/Blacksot_resized_70_tcm12-489696.jpg Department store John Lewis has reported a sharp fall in sales over the week to September 27 as economic turmoil kept consumers away. http://www.drapersonline.com:80/news/2008/10/john_lewis_sales_plummet_83.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/john_lewis_sales_plummet_83.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Laura Weir 03 October 2008 08:58 http://www.drapersonline.com:80/images/jl_resized_70_tcm12-341627.jpg The European Commission has extended anti-dumping duties on footwear imported from China and Vietnam. http://www.drapersonline.com:80/news/2008/10/antidumping_shoe_tariffs_extended.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/antidumping_shoe_tariffs_extended.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Laura Weir 03 October 2008 09:36 http://www.drapersonline.com:80/images/505_eu_commission_resized_70_tcm12-1841022.gif Blacks Leisure says it expects losses to increase to £4.5m for the first half of the year. http://www.drapersonline.com:80/news/2008/10/blacks_expects_losses_to_increase.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/blacks_expects_losses_to_increase.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Marino Donati 03 October 2008 09:21 http://www.drapersonline.com:80/images/Blacksot_resized_70_tcm12-489696.jpg Former Hobbs boss Nick Samuel has joined ethical e-tailer Adili as non-executive chairman, as the company reported a loss of £1.58 million during its first full year as a listed company. http://www.drapersonline.com:80/news/2008/10/adilicom_posts_maiden_pretax_loss_and_nick_samuel_joins_as_chairman.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/adilicom_posts_maiden_pretax_loss_and_nick_samuel_joins_as_chairman.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Laura Weir 03 October 2008 10:02 http://www.drapersonline.com:80/images/adili%20new_resized_70_tcm12-440220.jpg Stefano Pilati’s first collection for Yves Saint Laurent since the eponymous designer’s death in June would have done the old boy proud. http://www.drapersonline.com:80/news/2008/10/ysl_keeps_it_simple_in_paris.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/ysl_keeps_it_simple_in_paris.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Charlotte Marrion 03 October 2008 12:44 http://www.drapersonline.com:80/images/YSL_resized_70_tcm12-1887024.jpg Monsoon is trialling a pilot scheme to pay suppliers earlier than its agreed 60-day payment terms in return for discounts. http://www.drapersonline.com:80/news/2008/10/monsoon_to_trial_new_terms_for_suppliers.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/monsoon_to_trial_new_terms_for_suppliers.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Ana Santi 03 October 2008 09:34 http://www.drapersonline.com:80/images/Monsoon_resized_70_tcm12-1886609.jpg Martin Parker, the European managing director of US young fashion chain Urban Outfitters, is retiring after 35 years in retail. http://www.drapersonline.com:80/news/2008/10/european_boss_exits_urban_outfitters.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/european_boss_exits_urban_outfitters.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Laura Weir 03 October 2008 09:38 http://www.drapersonline.com:80/images/Urban%20Outfitters%20p8_resized_70_tcm12-1433572.jpg JJB Sports has appointed former JD Sports design head Darran Medley as head of product development as part of a bid to double own-brand sales. http://www.drapersonline.com:80/news/2008/10/ownlabel_push__for_jjb_sports.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/ownlabel_push__for_jjb_sports.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Marino Donati 03 October 2008 09:41 http://www.drapersonline.com:80/images/JJB-new_resized_70_tcm12-1886632.jpg Young fashion retailer Dr Kruger is upping its womenswear offer and building a new floor to host the growing category at its Lancaster store. http://www.drapersonline.com:80/news/2008/10/womenswear_drives_dr_kruger_expansion.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/womenswear_drives_dr_kruger_expansion.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Simran Maini 03 October 2008 09:46 http://www.drapersonline.com:80/images/Chilli-Pepper_resized_70_tcm12-1886646.jpg The UK high street is bracing itself for a collapse in consumer confidence and more retail casualties due to the impact of the global financial crisis. http://www.drapersonline.com:80/news/2008/10/credit_crisis_hits_home_on_high_street.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E http://www.drapersonline.com:80/news/2008/10/credit_crisis_hits_home_on_high_street.html;jsessionid=4CC5AA32E0963DEF2A026CEF98CF697E Marino Donati 03 October 2008 09:30 http://www.drapersonline.com:80/images/highstreet_resized_70_tcm12-1886590.jpg