Sales at menswear group Moss Bros grew 6.4% in the 15 weeks to May 16, with like-for-likes up 7.4%, underpinned by the strong performance of its retail business.
Matalan’s buying director Mitch Hughes has left the business after 10 years, Drapers understands.
Menswear and sportswear had another strong week at John Lewis, with sales up 11.7% in the period to May 16.
In the first of a series of four films, Scotch & Soda tells the story of the brand’s DNA.
French multi-brand store Merci is on the brink of signing a deal to open its debut UK shop in the central development of London’s King’s Cross, Drapers understands.
Streetwear agency A Number of Names will open a flagship store in London’s Soho on Saturday stocking brands including Bedwin & The Heartbreakers and Billionaire Boys Club, as well as its own brand Anon products.
Cashless payments have overtaken notes and coins for the first time in the UK, reflecting the growing trend towards using automated payment methods, credit and debit cards.
USC is to open a new 5,500 sq ft store in the Crowngate shopping centre, Worcester, with dedicated areas for footwear and denim.
Burberry’s underlying pre-tax profit rose 7% to £456m during the year to March 31, but the British heritage brand warned of increasing uncertainty in some of its markets.
Drapers editorial director Eric Musgrave discusses Marks & Spencers’ full-year results which saw like-for-like general merchandise sales drop by 3.1% for the year to March 31.
Following the announcement that Marks & Spencer reported a 6.1% increase in underlying profit before tax but clothing and general merchandise like-for-like sales fell 3.1%, for the year to March 31, retail analysts give Drapers their reaction.
Marks & Spencer’s men’s formalwear brand Collezione is under review and could be axed, Drapers understands.
Shopping centre owner Capital & Regional has partnered with CollectPlus to launch click-and-collect services across its six Mall-branded schemes and two joint venture schemes.
Victoria Beckham is merging her Denim collection into the Victoria diffusion line from the pre-spring 16 season onwards.
Next has been found guilty of using a tax avoidance scheme known as a rate-booster in an attempt to artificially generate £22.4m of tax relief.
German etailer Zalando has acquired a 20% stake in UK technology start-up Anatwine for a seven-figure sum.
Brands and landlords have approved footwear retailer Shoon’s company voluntary arrangement, saving the business from falling into administration.
Men’s tie and tailoring brand Drake’s, premium womenswear brand Teatum Jones and luxury London boutique Browns were among the winners at the UK Fashion & Textiles Awards 2015 last night (May 21).
Mothercare has increased its UK like-for-like sales by 2%, as total domestic sales rise by 0.9% to £458.1m resulting in a loss of £18m for the full year to March 28.
Scottish textile group Moorbrook Textiles is seeking a buyer for two of its loss-making textile brands Robert Noble and Replin Fabrics and has warned of the possible closure of its March Street Mills site in Peebles.
Fashion, footwear and textiles sales grew by 8.7% in April against the same month last year, which was the largest year-on-year increase since February 2010.
Kidswear label Rachel Riley has appointed its first UK agent as it looks to grow its wholesale presence.
Marks & Spencer has reported a 6.1% increase in underlying profit before tax to £661.2m for the year to March 31, but clothing and general merchandise like-for-like sales fell 3.1%.
The risk of deflation together with increased competition in the market may spell trouble for value fashion retailers, industry observers have warned.
TJX Companies, the US owner of TK Maxx, reported a 6% rise in sales to $6.9bn (£4.5bn) for the three months to May 2 as consumer demand for discounted products increased.
Marks & Spencer chief executive Marc Bolland has admitted its clothing and general merchandise sales for the year to March 31 were “not good enough”, but vowed to continue the turnaround seen in the fourth quarter.
Around 15 directors, heads of department and managers are understood to have left Jack Wills over the last six months, amid concerns over the direction of the preppy young fashion retailer.
Footwear retailer Schuh will share a £25m payout among almost 3,500 employees after a successful last few years, as profits reached £11.5m for the year to February 1, 2015.
Lingerie brand Panache has appointed Siobhan Murray as UK sales executive for the Southeast, replacing Frances Arscott who held the role of territory sales executive.
The new business secretary Sajid Javid will today announce the creation of a Small Business Conciliation Service to help settle disputes between small and large businesses, particularly relating to late payment practices.