News headlines
Sales are put on hold as sun finally shines on high street
Retailers look to be holding their nerve and not going on Sale early following a long-anticipated improvement in the weather this week.
Image Gallery: PayPal Etail Awards 2012 winners
The winners of the Drapers and Retail Week PayPal Etail Awards 2012 were announced at a ceremony in London last night.
Image Gallery: PayPal Etail Awards 2012 the party
See what the guests got up to after the winners were announced at the PayPal Etail Awards party.
MBT ‘has no future’ if no saviour is found for Swiss owner
The administrator of comfort footwear brand MBT has warned that if a buyer is not found for the business’s Swiss parent company within a matter of weeks, the brand will not have a future.
Bench will boost ad spend after B&B exit
Bench intends to plough marketing spend into advertising campaigns to support its stockists after pulling out of streetwear trade show Bread & Butter Berlin.
Bellfield unveils first womenswear collection
Men’s young fashion brand Bellfield has launched a womenswear collection for autumn 12 to build on the success of its menswear line.
Harvey Nicks hosts Stills concession
Contemporary womenswear brand Stills is moving into retail by opening its first UK concession in Harvey Nichols’ London store in September.
LK Bennett sets its sights on the US as it secures £16m funding package
Upmarket clothing and footwear retailer LK Bennett has secured a new £16m credit facility from Lloyds Banking Group which it will use to accelerate international expansion, including the US.
Contour Ball raises £52,000 for charity
The lingerie industry’s Contour Fashion Ball raised £52,000 for charities the Retail Trust and the Fashion and Textile Children’s Trust at an event held in London last night.
IMAGE GALLERY: Adidas and Stella McCartney launch Villagewear collection
Adidas and Stella McCartney have launched the ‘Villagewear’ collection for Olympic athletes to relax in.
House of Fraser to push online investment as ecommerce sales soar
House of Fraser is “investing heavily” in online operations and has switched one of its distribution centres to online-only fulfilment as multichannel grows.
Moss Bros like-for-likes boosted by store refits
Sales at menswear group Moss Bros benefited from an enhanced product offer and revamped stores with like-for-like sales growing 8.8%.
Miinto extends its remit to kidswear
Ecommerce portal Miinto.com has launched a kidswear section of its site just six weeks after its launch.
Cotton traders face investigation
The Commodity Futures Trading Commission has launched a probe into the volume of cotton bales ordered and delivered after concerns were raised over millions of dollars lost at trading houses last year due to a squeeze.
EXCLUSIVE: JD group trading director set to leave
Nick Preston, group trading director at JD Sports Fashion, is to leave the company later this month to take on a role at brand management company Glint.
Irisa’s Jacques Vert rebrand puts Luton office under threat
Mainstream womenswear business Irisa Group has been rebranded as Jacques Vert ahead of a potential relocation of its Luton office that has seen 200 staff put under consultation.
Drapers and Retail Week PayPal Etail Awards: the winners
Asos and Childrensalon were the big winners at the Drapers and Retail Week PayPal Etail Awards on Thursday evening (May 24), scooping two awards each.
HoF goes aspirational with 11 new womenswear brands
House of Fraser will introduce 11 upmarket brands into three of its key stores for autumn 12 as it looks to cater for a more aspirational female shopper.
Gok for Tu collection arrives
The fourth Gok for Tu collection hit Sainsbury’s stores this week, made up of 14 pieces and 19 styles, including multiple colourways.
Bourne ramping up womenswear offer
Women’s footwear and clothing brand Bourne will almost double its clothing offer for spring 13 in a bid to secure more stockists.
OD’s to answer call for more kidswear
Premium indie OD’s is expanding its kidswear offer to capitalise on growing demand for the category.
Fashion sales rise just 2% at John Lewis
Fashion sales grew by just 2% at department store John Lewis in the week to May 19 as the wet weather continued to affect sales of new summer ranges.
Jigsaw to open doors on second men's standalone
Womenswear retailer Jigsaw is set to open its second standalone menswear store after a successful launch of its debut store earlier this year.
Footwear shoppers decline
The number of shoppers buying footwear has fallen by 13.9% between 2007 and 2011, the equivalent of 5.5m shoppers.
Meadham Kirchhoff to re-launch menswear
Meadham Kirchhoff is to re-launch menswear after a six year absence, with the range set to show at London Collections: Men next month.
Asos pre-tax profit rockets 93%
Asos has delivered “another strong” performance for the year ending March 31 as profit before tax including exceptionals rocketed 93% to £30m, as it revealed chairman Lord Waheed Alli prepares to step down from the business.
House of Fraser EBITDA drops due to distribution centre investment
House of Fraser adjusted EBITDA dropped 16% to £58.6m as it invested in a second distribution centre.
Giorgio Armani's Chinese growth fuels profit rise
Italian luxury fashion house Giorgio Armani saw operating profit rise 23% last year driven by its continued growth in China.
Burberry to launch menswear only store as profits soar
Burberry has announced it is to launch its first menswear only store as the British luxury brand reported a 26% rise in profit over the last year.
Browns buying director departs
Browns buying director Ruth Runberg has left the business this week after just over a year in the role.
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Hedi Slimane debuts YSL collection to buyers only
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Topman and Fashion East announce MAN designers
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Ralph Lauren posts 20% profits rise
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Brooks Brothers appoints new vice president
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Fashion Fringe finalists revealed
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IMAGE GALLERY: Christian Louboutin launches iPhone app
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Burberry full year results: Top ten numbers to know
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Exclusive: Eighty more roles in consultation at Jaeger
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Exclusive: M&S boosts design team as it gears up for international growth
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Pre-tax profits down at Marks & Spencer
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Debenhams starts summer discount drive
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Newgen Men winners announced
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Urban Outfitters profits drop but sales exceed expectations
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Gucci wins trademark battle against Guess
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Juicy Couture to relocate London flagship
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MBT UK slips into administration
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The fashion retail app timeline: a look back at who's done what
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Marks & Spencer to post first dip in profits for three years
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Burberry races to open flagship before Olympics
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University of Westminster links-up with Asos Marketplace
