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Tesco

Former M&S chief finance officer Alan Stewart to join Tesco early

Former M&S chief finance officer Alan Stewart is expected to start his new role at Tesco two months early after his employment with Marks & Spencer was formally ended today, following a period of gardening leave.

Jimmy Choo

Jimmy Choo confirms October IPO plans

British shoe maker Jimmy Choo has today announced its intention to launch an initial public offering (IPO) on the main London Stock Exchange.

Indie Austique's assets sold – but creditors could lose out

The company assets of womenswear independent Austique have been sold to FC Fund Managers, after the two-store London business went into administration.

Ben Sherman's AW14 campaign

Ben Sherman relocates to bigger Long Acre unit

Ben Sherman is moving to a bigger store on Long Acre in London’s Covent Garden to showcase more of the brand’s range and house an in-store barber shop.

Online consumers demand more flexible deliveries

Online consumers demand more flexible delivery options

Online purchases of clothing and footwear will soar over the next four years, but consumers are increasingly looking for more flexible delivery options such as Sunday delivery or click-and-collect pick up points, according to a report commissioned by Barclays.

Avery Baker Tommy Hilfiger

Tommy Hilfiger names Avery Baker as chief brand officer

Tommy Hilfiger has promoted its chief marketing officer Avery Baker to the newly-created role of chief brand officer.

Chris Ronnie

Former JJB boss Chris Ronnie faces fraud trial

The former chief executive of JJB Sports Chris Ronnie will go on trial today (September 22) accused of £1m fraud.

Marks & Spencer

M&S's Chinese clothing sales soar through Alibaba

Alibaba-owned ecommerce site Tmall has boosted Marks & Spencer’s online clothing sales in China, with 44% of the British retailer’s dress sales in the country now made through this platform.

tm lewin

Chinese textiles firm buys minority stake in TM Lewin

Chinese textiles company Shandong Ruyi Technology Group has bought a minority stake in TM Lewin.

Matalan launches Damsel in a Dress diffusion line D by Damsel

Matalan has launched an exclusive diffusion line D by Damsel by womenswear label Damsel in a Dress.

Marjolaine Rebelle nightdress

Rigby & Peller to triple store base in UK and Ireland

Lingerie business Rigby & Peller is looking to more than triple the size of its UK and Ireland store portfolio within the next five years as it targets a broader client base.

Mega Khimki

Ikea plans vast Russian mall to attract fashion brands

Plans have been unveiled to build a 2.3 million sq ft shopping centre in Moscow, which is “set to attract a raft of international retailers seeking expansion opportunities in Russia”.

The Winners

Image Gallery: Drapers Independent Awards winners 2014

The independent sector came together at London’s The Brewery yesterday (September 17) to celebrate the achievements of the best in the business at the Drapers Independent Awards 2014.

French Connection AW14

French Connection reduces losses as UK and European sales improve

French Connection has reduced its first half pre-tax loss for the third consecutive year, with wholesale and retail both showing signs of improvement.

Asos menswear autumn 14

Asos hoping price cuts can rejuvenate international sales

Asos.com chief executive Nick Robertson has vowed to cut prices overseas to turn around the etailer’s “subdued” international sales.

mothercare

Mothercare to introduce branded fashion in turnaround plan

Mothercare will launch third-party fashion brands into all UK stores from October as part of a three-year turnaround plan.

john lewis

John Lewis appoints new director of online product

John Lewis has appointed Sienne Veit in the newly created role of director of online product to help boost its multichannel strategy.

Mothercare

Mothercare launches £100m rights issue

Mothercare will launch a rights issue to raise around £100m to help it deliver on its new strategic plan.

Practicology

Lyle & Scott ecommerce boss to leave

Lyle & Scott’s head of ecommerce Will Dymott is to step down from the young fashion brand after nearly four years to join ecommerce and multichannel retail consultancy Practicology.

springuru

Footwear brand launches with mattress spring technology

A new men’s and women’s pocket sprung footwear brand called Springuru has launched through crowd funding website Kickstarter with an aim to raise £15,000 by November 3.

Moss Bros, Regent Street

Sales up 4.6% at Moss Bros as profits slip

Moss Bros has reported a 4.6% increase in total sales to £55.8m for the 26 weeks to July 26 as operating profit slips by £300,000 to £1.9m year on year due to store refit costs.

Tesco

Tesco overstated profit forecasts by £250m

Tesco has revealed that it overstated its profit forecast for the first half of the year by £250m.

Internacionale

Edinburgh Woollen Mill snaps up Internaçionale IP

Edinburgh Woollen Mill group is believed to have acquired the intellectual property of value fashion chain Internaçionale for a six-figure sum.

Jack Wills

Turnover up 5.2% as Jack Wills plans Far East stores

Jack Wills has reported a 5.2% increase in turnover to £129.3m as the retailer plots to open three new stores in the Far East by the end of the year.

14oz

Bread & Butter boss launches 14oz online store

Bread & Butter founder Karl-Heinz Müller has launched an online shop for his Berlin store 14oz.

John Lewis

Mild weather hits John Lewis fashion sales

Fashion sales at John Lewis fell 13.1% in the week to September 13 against the year before, with the department store chain blaming the milder weather and lower footfall due to reduced promotional activity on the high street.

High Street

Prices creep up at clothing and footwear stores

Average prices at clothing, textiles and footwear stores increased by 0.2% year on year in August, bucking the wider trend in food and household goods stores.

bank

Bank gives cause for optimism as JD’s fashion woes continue

JD Sports Fashion is seeing signs of recovery for its struggling Bank chain in line with targets set last year, according to executive chairman Peter Cowgill.

Asos

Asos Australia country manager to depart

The Australia country manager for Asos.com Ching-Har Wong is to leave the business after just five months in the role.

French Connection

Buying and merchandising boss exits French Connection

Richard Grainger has left his position as director of retail buying and merchandising at French Connection after 10 years with the company.

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