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Weather is never far from a retailer’s mind – whether they blame it for poor trading or not – but nobody could have prepared for last week’s hotchpotch of sun, snow, rain, wind and thunderstorms. Not sunny enough to buy flipflops and vest tops, nor cold enough to invest in new jumpers and jackets – hopes of a pick-up in trading over the bank holiday weekend were quickly dashed.
Once again, with the living wage, the government has shown a naïve lack of real-world understanding about how policies actually translate into practice, writes Dan Murphy, partner at management consultant Kurt Salmon.
Doing business in Germany is an attractive opportunity for fashion retailers and brands, but are you prepared for the return fraud that has become increasingly prevalent?
Retailers face significant cost challenges over the next couple of years as the combined impacts of pension auto-enrolment, the apprenticeships levy and the national living wage all increase payroll. However, there are some inventive ways to boost productivity that could help.
Last week we held our annual Next Generation conference and networking event for first, second and third jobbers. Not only was it a great success, it was a wonderful reminder of how inspiring our industry is.
It was a tale of two extremes last Thursday when the launch of Ivy Park, the new athleisure collaboration from singer Beyoncé and Arcadia boss Sir Philip Green, caused the Topshop website to crash, and at the other end of the fashion spectrum the debut episode from ITV’s Bargain Shop Wars tipped the Pep&Co website over the edge.
As much a fashion calendar staple as Paris, London or New York fashion weeks, the annual Coachella music festival, which takes place in Indio, California, has long since sat in a league of its own with its annual parade of bohemian tresses and full-on fringing. This year’s event, between April 15 and April 24 is no exception, but it has seen a few subtle new festival trends on the rise
We all want to progress quickly and the offer of a more senior job title or a plumper pay packet can be all too tempting. But think longer term and before you jump ship, ask yourself how each new role will develop your skills and open new doors.
Talent is ultimately at the core of this industry and, as fashion retailing evolves at a quicker pace than ever before, it is paramount that we invest in and celebrate new talent – the leaders of the future.
A vote to leave the European Union would be a disaster for UK ecommerce and fashion brands, writes Philip Rooke, chief executive of on-demand clothing etailer Spreadshirt.
With 30 million new Chinese consumers making their first online purchase each year, the scope is very real for brands that develop robust strategies. But blind faith in numbers alone won’t work, says Jonathan Smith, founder and managing director of China-specialist online branding and creative agency Hot Pot Digital.
There is no doubt the industry is facing tough times. Unseasonable weather, continuous discounting and the possibility of a Brexit are among the mounting challenges for retailers, and many are looking hard for opportunities to overcome these difficulties and any losses they can lead to.
Do you have what it takes to work for a fashion entrepreneur and is it a good career move for an aspiring chief executive, asks Nicola Wensley, director of fashion, executive appointments at recruitment firm Page Executive.
Personalisation might be the big focus in retail at the moment, but do fashion retailers lack the in-house skills to really capitalise on it?
The deadline for entries to this year’s Drapers Independents Awards has been extended to Friday April 8.
In the face of doping scandals and match-fixing and cover-up claims, is sports sponsorship as attractive for brands as it once was? They now find themselves forced to decide.
I have now been on a recruitment drive for what feels like the last six months, although in reality it has been two.
As Twitter turned 10 this week, it was interesting to look back and see not only how the platform has changed, but also how retailers’ attitudes towards social media have evolved.
Christmas might be nine months away and consumers will be looking forward to long summer days before they think of cold winter nights. But for retailers, Christmas must come early as they prepare for the peak season. While the sun shines, behind the scenes they should thinking about tinsel and trees.
Less than three months into the year, and there have already been several high-profile departures from top-level roles in the industry.
Farfetch, the ecommerce platform for brands and independent fashion retailers, has raised a further $110m (£75.6m) in funding to continue its expansion and fuel its growth in Asia.
Next has lowered its full-price sales guidance for the full year and warned there may be difficult times ahead following a tough start to the spring season.
Alexander McQueen has appointed former Yves Saint Laurent director Emmanuel Gintzburger appointed as its new chief executive.
Premium womenswear retailer Hobbs has launched on Berlin-based etailer Zalando, to complement its existing online offer.
The government has fast-tracked an investigation into the circumstances surrounding BHS collapsing into administration last week.
Kit and Ace, the Canadian casual retailer founded by the family behind yoga brand Lululemon, has named Wendy Bennison as its new president.
The May Day bank holiday failed to buoy sales for many multiple retailers who had hoped it would kickstart the spring season.
The future of Austin Reed, CC and Viyella remains uncertain as administrators assess initial offers for the whole business, while a raft of retailers circle stores from its “strong” portfolio in predominantly affluent market towns.
US young fashion retailer Forever 21 has closed its 67,940 sq ft store in the Westfield Stratford City shopping centre.
Asos has launched a global search for innovative fashion technology start-ups that could help it to improve and personalise its customer experience.
Michael Kors has opened a 2,160 sq ft regional flagship store at Meadowhall shopping centre in Sheffield.
British lifestyle brand Joules has announced its intention to float on the London Stock Exchange’s junior Aim market and has appointed new directors to its board.
Sports Direct boss Mike Ashley has vowed to save BHS and protect stores and staff, in a new bid for the chain he confirmed this weekend.
Former chief finance officer at Aurora, Richard Glanville, has been told he will not face charges relating to the death of an intruder at his home, the Daily Telegraph has reported.
Although Moda, Pure, Scoop, Pitti Uomo and Jacket Required are on independents’ agendas this summer, many have told Drapers they feel increasingly discouraged by the costs of travel and lack of variety at trade shows.
Peterborough-based firm Yours Clothing is rolling out its menswear offer through dual-fascia stores.
Content is a fundamental part of engaging with and converting online fashion shoppers but it has to have meaning that is relevant to the brand, said an panel of retailers and digital technology providers at Drapers Digital Forum in London.
A Drapers Digital Forum panel shared their views on apps versus the mobile web and shared their tips on improving mobile conversion rates.
Drapers snaps the guests at Drapers Digital Awards drinks reception, toasting another successful year.
Fashion retailers need to evolve their propositions to succeed at home in the UK and be more targeted overseas, a panel of retailers including Topman advised at the Drapers Digital Forum yesterday.