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Baring Asia acquires 'significant' stake in Cath Kidston

TA Associates has sold “a significant” stake in lifestyle retailer Cath Kidston to private equity firm Baring Asia in what is thought to be a multi-million pound deal.

white stuff

White Stuff's multichannel focus drives sales

Lifestyle retailer White Stuff grew total sales 16.2% in the year to May 3, as it opened five stores and invested in its multichannel proposition.

National character:  items in last  year’s Best of Britannia exhibition

Buy British Day to take place in October

The groundswell of support for UK-based designers and manufacturers continued this week with the launch of the inaugural Buy British Day, which will take place on October 3.

crocs

Crocs cuts workforce as profits decline

Footwear brand and retailer Crocs is making 183 positions redundant out of its nearly 5,000-strong workforce, and plans to close up to 100 stores after reporting a decline in profits.

Boohoo.com

Boohoo launches German language site as international sales climb

Pure play etailer Boohoo has launched a German language website, its third local language site in the past year.

Marks Spencer Bagir

Bagir to make £1.17m loss in first half

Supplier Bagir Group has said it expects to make a half-year loss of $2m (£1.17m) for the six months to June 30, after a challenging period including an “unexpected reduction” in orders from Marks & Spencer.

The Jeans West Regent St store with closing down signs

Jeans West to sublet Regent Street store after decade in unit

British denim chain Jeans West is looking to sublet its 269 Regent Street store after more than a decade in the unit.

 Autumn 14: New Look

More directors leave New Look as Kristiansen simplifies structure

New Look has lost two directors in short succession, as the retailer continues to restructure its UK team.

Tesco Philip Clarke

Tesco boss Philip Clarke to leave following profit warning

Tesco chief executive Philip Clarke is to exit the supermarket after a fresh profit warning from the company.

Regatta

Regatta MD moves up ranks of family business

Keith Black has been promoted to chief executive and chairman of his family’s outdoor clothing company Regatta Group after 27 years as managing director of its eponymous brand.

High Street

Northern Ireland leads footfall in the UK for June

Footfall in Northern Ireland rose 11.8% in June compared with 2013, beating shopper numbers in Wales and Scotland, which declined 1.4%and 0.6% respectively.

fraspens

Chinese outdoor clothing firm Fraspens to raise £4m with Aim float

Chinese outdoor clothing company Fraspens plans to float on London’s Aim in August in an effort to increase its domestic market share.

Debenhams

Debenhams eyes Mothercare's finance director

Mothercare’s finance director Matthew Smith is in the running to take the chief financal officer role at Debenhams as the department store tries to recover from a profit warning earlier this year.

rocket dog

Rocket Dog bolsters management team

Californian lifestyle brand Rocket Dog has strengthened its management team with three new appointments.

Burton autumn 14

Arcadia mulls wholesale move as a path to untapped markets

Arcadia Group is considering a move into wholesale to build brand awareness internationally for its portfolio of fascias, Drapers understands.

emma alexander

USC brand director Emma Alexander exits

USC brand director Emma Alexander has left the company with immediate effect, Drapers understands.

Basler spring 15

De Keyser vows to double Basler's sales

Robert De Keyser, the new UK and Irish wholesale agent for Basler, plans to double the mainstream German brand’s UK sales within three years, starting with its spring 15 collection.

kelly brook

Kelly Brook named as first UK face of Skechers

Actress and model Kelly Brook has been named as the face of footwear brand Skechers for the company’s 2015 marketing and social media campaigns.

Direct Boris Johnson's cash to policy, not retailers, say experts

Cash pledged to boost London’s high streets is “an expensive sticking plaster” and would be better spent improving policy such as that surrounding business rates, retail experts have said.

Images posted on Huntingdon-Whiteley's Instagram page

Rosie Huntingdon-Whiteley revealed as face of Paige Denim

US denim brand Paige Denim has hired British supermodel Rosie Huntingdon-Whiteley as the face of the label for spring 2015.

Marks & Spencer Cheshire Oaks

M&S enters Azerbaijan and expands in Saudi Arabia through new Alhokair deal

Marks & Spencer will open 10 stores in Saudi Arabia as part of a new deal struck with franchise partner Alhokair Fashion Retail.

Pro Direct

Pro-Direct chooses London for its first physical store

Sports etailer Pro-Direct is preparing to open its first standalone store just off London’s Carnaby Street.

Matalan Liverpool opening

Matalan signs deal to take first Oxford Street lease

Matalan has signed a deal for its first ever store on London’s Oxford Street, Drapers has learned.

New Tesco boss Dave Lewis

New Tesco CEO: Who is Dave Lewis?

As the news breaks that Tesco chief executive Philip Clarke is on his way out, Drapers takes a closer look at his replacement Dave Lewis, head of Unilever’s personal care division, who will take up the post ...

HERMES_RTW_AW13_0165

Hermès artistic director of womenswear exits

Christophe Lemaire, artistic director of womenswear at Hermès, is leaving his post to focus on his eponymous label.

the hut group

The Hut Group in line for £100m investment from KKR

Online retailer The Hut Group is set to receive £100m for a 20% stake in the company from Boots owner and private equity firm KKR.

High Street

Shoppers ditch high streets as temperatures soar

Shoppers ditched high streets and shopping centres across virtually all regions of the UK last week as they soaked up the sun.

Micam Milan autumn 14

Micam to partner with WGSN for spring 15 edition

Milanese footwear tradeshow Micam has teamed up with WGSN for its spring 15 edition to form a trend hub at the show.

High Street

Summer sun ignites full-price sales

Fashion retailers are reporting a healthy summer performance, with warm weather and improved sentiment tempting consumers to buy more at full price.

Joanna Sykes

Nicole Farhi creative director Jo Sykes exits

Creative director of Nicole Farhi Jo Sykes has left the brand after less than two years.

Job of the week

Lacoste

Head of Development, Lacoste Footwear

Very attractive + excellent bonus + benefits

Jobs

Multi-Channel Marketing Manager premium fashion

£45000 - £55500 per annum + benefits

UK Marketing Manager

£30000 - £35000 per annum

Field Marketing Manager - Visual- Head Office Based

£30000 - £35000 per annum + benefits

Production Manager -Luxe Fashion Print & Online Marketing Team

£35000 - £38000 per annum + negotiable

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