Drapers
17 December 2010
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HoF ramps up luxury at Glasgow flagship
House of Fraser has invested more than £10m in Frasers, its flagship Glasgow store, to create a luxury accessories and footwear emporium. -
SuperGroup reviews autumn 11 pricing
SuperGroup has re-engineered prices of its Superdry young fashion brand for autumn 11, after warning that rising cotton costs could impact gross margins next year. -
2010: review of the year
Flotations (or lack of them), shearling boots, a supply chain crisis - 2010 was a year of highs and lows. We look back at some of the best, and worst, moments for the industry. -
2010: The best dressed
Whether it was at a business meeting or party, here are the industry figures who out-styled the crowd during 2010 -
Adidas to outpace Nike in 2015, says chief
Adidas chief executive Herbert Hainer has claimed that the German sportswear giant will grow faster than US rival Nike in 2015. -
Agent Provocateur to report profit growth
Luxury lingerie chain Agent Provocateur will this week report a growth in underlying profits of 45%, with its international expansion a reason for growth in the economic downturn. -
Alexon posts profit warning after severe weather
Womenswear group Alexon, which includes the Ann Harvey and Kaliko chains, has issued a profit warning after extreme weather conditions impacted sales in a peak trading period. -
Amazon MD Brian McBride steps down
Amazon UK managing director Brian McBride has stepped down from his role for health reasons. -
Anya Hindmarch
The accessories designer tells Marie Davies how she will fly the flag for UK business through her new British Fashion Council role. -
Apax buys German value retailer Takko
Apax, the private equity company behind value retailer New Look, has acquired German value clothing company Takko Fashion. -
Asos hires new fashion and beauty editor
Online fashion giant Asos has hired Danielle Radojcin, previously fashion and beauty director at Handbag.com, as senior fashion and beauty editor. -
Baci Lingerie appoints head of sales
Value lingerie brand Baci Lingerie has appointed Mike Flay as head of sales and marketing ahead of the brand’s launch in the UK this year. -
Bill Gates rides to JJB Sports' rescue as Clare stands down
JJB Sports has this morning disclosed details of a £31.5m cash call, boardroom changes and a further sales slump. -
Blacks reports strong December sales
Blacks Leisure, the outdoor specialist, said like-for-like sales rose 10.2% in December. -
Blake Lively bags new Chanel campaign
American actress Blake Lively is the new face of luxury French brand Chanel and will appear in a campaign for the Mademoiselle handbag line. -
Bluewater records highest ever Christmas footfall as Sales pull in crowds
Shopping Centre Bluewater said it experienced a record Christmas, recording its highest ever footfall of 28.1 million. -
Boxfresh muscles in on premium market
Streetwear brand Boxfresh has increased prices and repositioned to be more premium for autumn 11. -
Boxing Day tube strike to further hamper London shoppers
The Boxing Day tube strike is set to be a further blow to London retailers after the snow seen in the capital this weekend. -
Burberry's Angela Ahrendts awarded £5.6m in shares
Angela Ahrendts, chief executive of luxury British heritage brand Burberry, has been awarded £5.6m of bonus shares. -
Carine Roitfeld resigns from French Vogue
The editor of French Vogue Carine Roitfeld has resigned after ten years at the helm of the title. -
Cerruti bought by Chinese business Trinity
Fashion house Cerruti has been bought by Chinese menswear business Trinity for an amount that will not exceed €53m (£45m). -
Clothing and footwear sales jump in November
Clothing and footwear sales rose 9.1% by value and 6.8% by volume in November compared to the same month last year. -
Coes confirms major redevelopment
Coes, the independent department store group, is to kick off the new year with a major multi-million pound refurbishment and expansion of its Ipswich store. -
Consumer confidence low in December
Shopper sentiment remained low in December as most measures worsened, GfK NOP’s Consumer Confidence Index showed. -
Contemporary Menswear Indicator, December 17 2010
Access Drapers’ unique source of sales information from contemporary retailers, revealing the best-selling brands, the hottest products and the latest issues to affect menswear by clicking on the PDF. -
Contemporary Womenswear Indicator, December 17 2010
Access Drapers’ unique source of sales information from contemporary retailers, revealing the best-selling brands, the hottest products and the latest issues to affect womenswear by clicking on the PDF. -
Cruise files intention to appoint administrators
Cruise has filed an intention to appoint administrators after it emerged that chief executive James Pow had resigned from the troubled designer mini-chain. -
David Lauren
Polo Ralph Lauren’s technological advances are being led by the legendary designer’s son, who says the brand’s new UK transactional website will do no harm to its stockists -
Debenhams launches biggest ever Sale
Debenhams has fired the starter gun on its biggest ever Sale with discounts of up to 70% online from today and in stores from Boxing Day. -
Debenhams poaches WHSmith marketing director
Debenhams has poached WHSmith group marketing director Richard Cristofoli to be marketing director. -
Denim hits a bad patch
As the noughties draw to a close, so too it seems does an incredible decade for women’s denim. -
Dinner with Davies in charity auction
The Retail Trust London Ball has kicked off its silent auction with a string of prizes up for grabs, including dinner with retail veteran George Davies. -
eBay acquires Brands4Friends
German private Sales retailer Brands4Friends has been acquired by auction site eBay for US$200m (£128.5m). As a result of the deal, eBay has assumed the German firm’s interest in UK site www.SecretSales.com and pumped more cash into the UK business. -
Emu launches counterclaim against Deckers
Sheepskin footwear brand Emu Australia has launched a counterclaim against Deckers, a month after the owner of popular footwear brand Ugg kicked off legal proceedings to prevent Emu from using its trademarks. -
Emu to make retail debut next month
Sheepskin footwear brand Emu Australia will open its first standalone store next month – a pop-up shop on Lamb’s Conduit Street, London. -
Families are £6 a week worse off, Asda claims
The average UK family has £6 less per week to spend than it did a year ago, according to Asda’s latest Income Tracker report. -
Fashion insolvencies decline in November
A lower number of textile and clothing businesses went into insolvency in November compared to last year, with the overall rate of business insolvencies falling by 0.07% during the month. -
Further departures at Deckers
Evan Mason, European vice president of Deckers which owns popular footwear brand Ugg, is to leave the company at the end of the month. -
Gap to investigate Bangladesh factory fire
Gap has said it was “terribly saddened” by the deaths of workers at a Bangladeshi factory razed to the ground by a fire this week, and that it would investigate the cause of the blaze. -
George at Asda is the saviour of Graduate Fashion Week
George at Asda has stepped in at the final hour to headline sponsor Graduate Fashion Week (GFW) and save the event from extinction. -
GL Events buys stakes in Paris trade show
French events management company GL Events has increased its stake in fashion and textile trade fair organiser Première Vision SA from 24.5% to 49%. -
G-Star rolls out space-for-funding deal with indies
Dutch denim giant G-Star has started the UK roll-out of a buying initiative for indies, whereby indie stockists commit to dedicating 60% of their store space to the brand in return for shopfit funding. -
Harvey Nichols reports record Sale
Harvey Nichols, the luxury department store business, said that its post-Christmas Sale had broken records despite tube strikes in the capital, reduced trading hours on Boxing Day and problems with transportation due to the snow. -
Hunter rescues Cruise and partners with Van Mildert
Sir Tom Hunter has rescued Cruise from administration and entered into a joint venture agreement with Van Mildert, which will see the Middlesbrough mini-chain take control of all of Cruise’s buying. -
IMRG predicts record Christmas Day online sales
Online spending on Christmas Day in all sectors is set to pass the £150m mark for the first time this year, online retail group IMRG has predicted. -
Indies join in on promotions to rescue Christmas sales
Last throw of the dice for retailers looking to drive trade as forecasts predict snowy weather will return. -
Irish retailers fear record low sales in December
The body representing Irish retailers expects December will be “the weakest period of trading in recent history.” -
Jigsaw and Kew grow profits
Robinson Webster Holdings, the parent company of womenswear retailers Jigsaw and Kew, narrowed its losses in 2010 following growth from both their concessions and online businesses. -
Jimmy Choo appoints president of Europe and ecommerce
Luxury footwear brand Jimmy Choo has promoted Hannah Colman to the new role of president of Europe and ecommerce. -
Jimmy Choo encourages users to engage with the label
Luxury footwear label Jimmy Choo has launched an interactive section on its website which allows users to share their personal Jimmy Choo experiences. -
JJB Sports to raise £30m of new investment
Sportswear retailer JJB Sports is to stage a £30m fundraising and make boardroom changes, it is understood. -
JJB to ask shareholders for further £50m
Troubled sports chain JJB Sports is expected to ask investors for a further £50m following the £31.5m promised before Christmas, according to reports. -
John Lewis beats snow to post sales leap
Despite taking a sales hit of almost £5m on Saturday, department store chain John Lewis managed to achieve turnover of more than £120m for the second week running and for only the second time in its history. -
John Lewis breaks sales records
John Lewis has smashed its single day’s sales record during its post-Christmas Clearance. -
John Lewis mid week sales rise 4.3%
John Lewis said sales rose 4.3% from Sunday to Wednesday this week despite continuing challenges from the weather in some areas. -
John Lewis mid-week sales rise 12%
John Lewis has reported sales up 12% from Sunday to Wednesday this week, with a strong performance across both its stores and website. -
Kidswear etailer AlexandAlexa receives £1.5m investment
Independent luxury kidswear etailer AlexandAlexa has received an investment of £1.5m to drive international expansion. -
Laurèl to head upmarket with a more youthful collection
German mainstream womenswear brand Laurèl is poised to move upmarket and target a younger audience after signing a deal with premium womenswear agency Brand Studio to relaunch the collection in the UK. -
Lindsay Lohan to create footwear line
Actress Lindsay Lohan is set to expand her fashion brand in to footwear, according to reports. -
London Fashion Week announces provisional schedule
Designer label Temperley London is returning to London Fashion Week in February after two years of showcasing at New York Fashion Week. -
LVMH increases share in Hermès
LVMH, the luxury goods group behind Louis Vuitton and Marc Jacobs, has bought a further 3.14% stake in French luxury goods group Hermès taking its total shareholding to 20.21%. -
Margin launches indie search app
London streetwear show Margin has launched an iPhone app, allowing users to search for independents retailers by location. -
Marketplace rejects told they can still sell on Asos
Asos has urged independent retailers and brands that failed to be accepted as online shops on the etailer’s Marketplace platform to sell as individuals on the site. -
Menswear buyer Stephen Innes leaves USC
Stephen Innes, menswear buyer at USC, has departed the branded young fashion business a month after it appointed buying director Emma Alexander to oversee buying across all categories. -
Michael Bastian splits from Brunello Cucinelli
Designer Michael Bastian has split with his long-time licensee Brunello Cucinelli and will now manufacture and distribute his own menswear range with prices reduced by 15-20%. -
More brands join Pure Spirit line-up
Young fashion show Pure Spirit has signed brands including Firetrap (pictured) and Christian Audigier for its next edition, which takes place on February 13-15 at Earls Court in London. -
Most retailers expect sales to fall in 2011, BRC says
Most retailers expect sales to fall in 2011, with weak consumer confidence and inflationary pressures hitting the sector’s performance, according to the Brtish Retail Consortium. -
Nike sales in Western Europe plummet 7%
Nike said total sales in Western Europe dropped 7% to $843m (£545m) over the three months to November 30. -
No respite for London retailers as Tube strike confirmed
A last ditch attempt to avert a Tube strike on Boxing Day, a crucial shopping day for retailers, has failed. -
Not Your Daughter’s Jeans grows in Europe
US contemporary jean brand Not Your Daughter’s Jeans (NYDJ) has almost doubled its number of outlets in Europe over the last year. -
Off the Record, December 17 2010
The inside track on the parties and gossip for the week. -
Oliver Bonas ups its fashion credentials with own label
Contemporary lifestyle retailer Oliver Bonas is to launch its first own-brand range to improve margins and create a clearer fashion identity. -
Oliver Sweeney reports record Xmas
Footwear firm Oliver Sweeney said like-for-like sales rocketed by 50% in the eight weeks to December 24, thanks to improved ranges and increased marketing activity. -
Online sales reach £6.4bn in November as shoppers snap up winter clothes
UK shoppers spent £6.4bn online during November, equivalent to £104 per person, according to trade body IMRG’s Capgemini e-Retail Sales Index. -
Paul Smith profits jump £3m
British designer label Paul Smith has paid out a £3.4m dividend after a bumper year in which profits hit the £25m mark. -
Post-Christmas Sales 'crucial', says KPMG.
UK non-food sales were hit in December by a fall off in spending because of the snow and concerns over the economic outlook, KPMG said this morning. -
Progress on monthly rents too slow, BRC claims
There had been no increase over the past year in the proportion of retail leases where rents were paid monthly, according to the British Retail Consortium. -
Reiss' recession initiatives boost EBITDA
Reiss said its sub-brand launch 1971 Reiss and its revamped website helped UK EBITDA to rise 7% to £9.1m for the year to January 31 2010. -
Retailers fear tough year as price hikes bite
Retailers, which saw shoppers flood the high street in the new year in a bid to beat today’s VAT increase, are braced to phase in price increases in the coming weeks. -
Rose ends six-year tenure at M&S
Sir Stuart Rose will step down as chairman of Marks & Spencer today as he hands over the reins to former investment banker Robert Swannell. -
Sainsbury's market share rockets
Sainsbury’s has more than tripled its share of the £9.9bn UK value clothing market in the last five years, according to new findings by Verdict Research. -
Second Royal wedding fashion debate
News of a second Royal wedding has again sparked the question: ‘What will the bride and groom wear on the momentus day?’ -
Shoppers stampede for the Sales
Some 800,000 shoppers descended on London’s West End the day after Boxing Day, with many queueing outside stores in the early hours of the morning to make sure they got first look at the Sales. -
Silverfleet can’t wait for Office party
You’ve got to be surefooted to be splashing out more than £100m on a business just 11 days before Christmas. But private equity firm Silverfleet Capital did just that as Drapers went to press. -
Sir Stuart Rose predicts growth in 2011
Marks & Spencer executive chairman Sir Stuart Rose has predicted that the economy would continue to grow in 2011 and said the country would be in a “brighter place” this time next year. -
Snow costs Next £22m, like-for-likes fall 6.1%
Snow in the run up to Christmas and heavy pre-Christmas discounting impacted Next’s sales by £22m, the retailer said. -
Snow fears unjustified, broker Arden argues
Concerns about the impact of snow on retailers’ Christmas performance look overdone, Arden analyst Nick Bubb believes. -
Stores offer a wealth of creative retailing
It was a good year for indies, for blockbusting fashion statements and pop-up shops, but not every new opening or store revamp was up to scratch. -
Strong Christmas trading at Hammerson centres
Shopping centre owner Hammerson has reported a strong start to the post-Christmas Sales period, with 2.25 million shoppers visiting its nine regional shopping centres over the three days from Boxing Day. -
Strong start to clearance for John Lewis
John Lewis has enjoyed a strong start to its post-Christmas clearance. -
Ted Baker founder Ray Kelvin awarded CBE
Ray Kelvin, Ted Baker founder and “the closest man to Ted”, has been recognised in the New Year Honours list along with Katherine Hamnett, Alice Temperley, Beatrix Ong, Tanya Sarne and Wendy Dagworthy. -
The weekend round-up for December 18-19
A round up of the best fashion business stories from the weekend’s newspapers. -
The White Company reveals strong Christmas trading
The White Company experienced a 24% surge in Christmas sales boosted by the opening of the retailer’s first ‘life-style’ store on London’s Sloane Square, according to the Daily Telegraph. -
Tillman calls for VAT increase to be delayed
Jaeger and Aquascutum owner and chairman of the British Fashion Council Harold Tillman has called for the government to delay the January VAT increase -
True Religion axes UK distributor
US denim brand True Religion has ended its UK and Ireland sales and distribution agreement with Four Marketing after more than three years. -
VF Corporation in $57m deal for Rock & Republic
VF Corporation, the US owner of brands including The North Face, Wrangler, 7 For All Mankind and Lee, has signed a deal to buy premium denim brand Rock & Republic for $57m (£36.8m), according to reports. -
VIDEO: Tommy Hilfiger Christmas ad campaign
Tommy Hilfiger has debuted its first cinema ad campaign since 2005. -
Whistle & Flute opens store in the City
Tailoring business Whistle & Flute has opened its first store and showroom in Spitalfields, London. -
White Stuff opens second larger store
Lifestyle retailer White Stuff has opened a second store devoted to providing enhanced levels of customer service and retail theatre. -
Zara creates kidswear range with Liberty
Spanish fashion giant Zara has created a kidswear collection for its Zara Home Kid range in collaboration with Liberty print fabrics.
