Drapers
27 February 2010

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SRG sets 2011 profit target following CVA approval

Speciality Retail Group (SRG) chairman Peter Lucas said the menswear retail group - which includes the Suits You chain - would turn a profit in the year to January 2011 after its Company Voluntary Arrangement (CVA) was approved this week.
Adidas Q4 profits tumble 61%

Adidas chief executive Herbert Hainer said that 2009 had been his most difficult year at the top, as fourth quarter operating profits plummeted 61%to €42m (£38m).
Adili to delist as deal is agreed with investor

Investor Luke Heron is to buy ethical etailer Adili and the retailer will be delisted from AIM.
Alberta Ferretti

Autumn 10
Alexander McQueen chief pays tribute to designer

Alexander McQueen chief executive Jonathan Akeroyd has spoken for the first time since the tragic death of the British designer label’s creator, Lee Alexander McQueen, and paid tribute to his “exceptional talent”.
Andrew Moore promoted to MD of George

Asda has promoted Andrew Moore to managing director of its clothing brand George, Drapers has learned.
Antonio Marras

Autumn 10
Aquascutum designers hand in resignation

Aquascutum designers Graeme Fidler and Michael Herz have handed in their resignation and will leave the British luxury brand to move on to new projects.
Beyond Skin

Ethical credentials are backed by attention-grabbing designs at this contemporary women’s footwear brand
Boden unveils Johnnie B teen range

Boden, the mail order and internet retailer, has launched its teen line Johnnie B.
Bolland can lead clothing at M&S, insists Rose

Marks & Spencer executive chairman Sir Stuart Rose has dismissed concerns that incoming chief executive Marc Bolland has no clothing experience and said “he is smart enough to learn”.
Bottega Veneta

Autumn 10
BRC urges Budget public spending cuts

The Government should cut public spending rather than increase taxes in its next Budget, the British Retail Consortium has urged.
Business given top billing at LFW

What London Fashion Week lacked in “buzz” this week (whatever that really means) it more than made up for in business terms. Almost all the catwalks were incredibly commercial, something which LFW designers spent the best part of the last decade ignoring, to the detriment of the event.
Businesses must reconsider values post-recession, says John Lewis chairman

John Lewis Partnership chairman Charlie Mayfield has said that privately-run companies can learn from co-operative groups and said that how business is done post-recession must be reconsidered.
Clarks loses ground to rivals in footwear sales

Footwear giant Clarks has been hammered by rival high street retailers on both volume and value sales, according to figures seen by Drapers.
Clothing prices fall despite VAT increase

Clothing is cheaper than it was this time last year in spite of January’s VAT increase, according to the BRC-Nielsen Shop Price Index.
Couverture & The Garbstore in London

Chosen by Rafael Gilston, partner in retail consultancy Geek Brand Consulting
D&G

Autumn 10
Dolce and Gabbana

Autumn 10
Dresses

Autumn 10
Dsquared

Autumn 10
Ebay to launch specialist fashion channel

Ebay.co.uk is to launch a specialist fashion section on its website within the next two months.
Emporio Armani

Autumn 10
Etro

Autumn 10
Eveningwear

Autumn 10
Ex-Harvey Nicks buyer sets up premium etailer

Former Harvey Nichols menswear buyer Damien Paul is launching a fashion website selling women’s designer bridge brands.
Fashion sales 21% up at John Lewis

Department store chain John Lewis recorded an uplift in turnover of 15.1% to £51.9m last week.
Fashion elite join Alexander McQueen's family for funeral

Fashion industry figures including designer Stella McCartney and models Kate Moss and Naomi Campbell have joined Lee Alexander McQueen’s family at his funeral today.
February sales outperform expectations say CBI

The UK high street outperformed expectations in February with retailers recording the strongest growth in sales volumes in over two years, the Confederation of British Industry said today.
Footwear & Accessories

Autumn 10
Footwear indies bet on boots for autumn 10

Footwear independents are confident about the autumn 10 season, and have upped their buying budgets following strong sales of boots over the cold winter.
Gap reveals online plans and plots entry into Italy

Gap has confirmed it plans to bring a direct ecommerce offer for both its eponymous fascia and Banana Republic to the UK later this year.
Giorgio Armani

Autumn 10
Gucci

Autumn 10
H&M proposes stock split

H&M will propose a stock split at its annual general meeting, whereby each of its existing shares will be divided into two new shares to dilute its share price and give its customers more opportunity to invest in the retailer.
Halston to relaunch menswear

Luxury womenswear label Halston is to launch its first menswear collection for two years for autumn 10.
How London's stores dressed up for LFW

On the opening day of London Fashion Week, Drapers took a trip around the capital’s West End to see which retailers got in to the spirit of London’s prime fashion event.
Jane Winkworth

The French Sole founder and queen of the ballet pump tells Lucie Goulet how she has carved her niche in footwear
Jil Sander

Autumn 10
John Lewis chairman warns against expecting quick recovery

John Lewis Partnership chairman Charlie Mayfield has warned that retailers need to be careful of a false dawn in the economy.
John Richmond

Autumn 10
Kim Winser appointed chairman of Agent Provocateur

Agent Provocateur, the luxury lingerie chain, has appointed former Aquascutum chief executive Kim Winser as chairman.
Knitwear

Autumn 10
Lewis’s bids to live on after closure

The closure of Liverpool independent department store Lewis’s in June may not be the final chapter for the retailer.
LFW is the real deal as rising stars dazzle

London Fashion Week has cemented its position as a serious commercial event on the international buying calendar, with designers such as Christopher Kane, Erdem and Jonathan Saunders crossing the rising-star threshold to become must-order labels for autumn 10.
Li & Fung poised to buy Visage Group

Global supply group Li & Fung has entered into an agreement to buy UK private label supplier Visage Group to expand its reach in Europe.
Liberty considering £40m freehold sale

Liberty has confirmed that investors are circling the luxury department store’s iconic Tudor-style building to lease it back to the company.
M&S launches plan to be world's most sustainable retailer

M&S has introduced a raft of commitments to its ethical Plan A programme in a bid to become the world’s most sustainable retailer by 2015.
Malcolm Collins

The New Look footwear and accessories boss has made the retailer the leading force in footwear in just 12 years. Next on the agendais a roll-out of footwear standalones.
Mariella Burani Group to be liquidated

Troubled Italian fashion house Mariella Burani said that it will be “dissolved” and that its board has resigned.
Men's Footwear Indicator, February 27, 2010

Access Drapers’ unique source of sales information from footwear retailers, revealing the best-selling brands, the hottest products and the latest issues to affect men’s footwear by clicking on the PDF.
Milan Fashion Week: Dolce & Gabbana, Versace

Dolce & Gabbana went back to basics with a sensitive and seductive show while Versace dialled into a space age sexiness as Milan’s fashion powerhouses opted for simplicity and modernity respectively.
Milan Fashion Week: Gucci, Versus, Emilio Pucci

While Gucci tuned into a calming minimalism at Milan Fashion Week, Emilio Pucci delved into the depths of luxurious gothic bohemia and Christopher Kane for Versus once again showcased his rare talent for understanding the desires of the young designer consumer.
Milan Fashion Week: Prada, D&G

A coy, yet retro femininity punctuated the Prada catwalk while D&G plumped for an après ski theme as the fashion powerhouse duo showed at Milan Fashion Week yesterday.
Missioni

Autumn 10
Moda Footwear

Autumn 10
Moda Menswear

Autumn 10
Model examples of video

Benetton and Diesel show how user-generated video content can be used to engage a target audience
Moschino

Autumn 10
Moschino Cheap and Chic

Autumn 10
Multichannel retailers debate future role of catalogues

Alan White, the chief executive of home shopping group N Brown, has said the ultimate goal for multichannel retailers is to ditch catalogues and concentrate on digital sales.
New boss to shake up Cruise brand mix

Cruise has outlined plans to shake up the designer mini-chain’s brand mix and support emerging designers following the resignation last week of buying director Martin Lacey.
Off the record, February 27, 2010

The inside track on the parties and gossip for the week.
Outerwear

Autumn 10
Paris Fashion Week: Dries Van Noten, Gareth Pugh

Dries Van Noten and Gareth Pugh offered two very different collections on the opening day of Paris Fashion Week.
Permira in no rush to sell Valentino

UPDATED: Permira president Paolo Colonna has denied that the private equity house is seeking a sale of fashion house Valentino and declined to comment on a possible sale of Permira’s stake in designer label Proenza Schouler.
Prada

Autumn 10
Rob Templeman warns of 'further dip' in the economy

Debenhams chief executive Rob Templeman has warned of a “further dip” in the economy and said the retail sector is ripe for a period of mergers and acquisitions.
Roberto Cavalli

Autumn 10
Selfridges soft-launches transactional website

Selfridges has launched a beta version of its much-anticipated transactional website.
Shhhhhhhh!

Which retail boss took a tumble at Roksanda Ilincic’s LFW show, losing her legendary poise as she stumbled backwards against the catwalk?
Shhhhhhhh!

Which womenswear agent had to make a sharp exit from the crowd at tradeshow Moda’s lingerie catwalk when the sight of models in tiny thongs became a bit too much for him?
Sir David Michels will not stand for M&S chairman role

Sir David Michels, deputy chairman of Marks & Spencer, has ruled himself out of the running to replace Sir Stuart Rose as chairman of the UK’s largest fashion chain.
Sir Stuart Rose to step down early as chairman

Marks & Spencer executive chairman Sir Stuart Rose has said he will step down earlier than July 2011 and hailed incoming chief executive Marc Bolland as “absolutely the right man” for the job.
Snowy Moda’s warm welcome for lingerie

Exhibitors at mainstream trade show Moda were in an upbeat mood, with many reporting orders up on last year.
Sports Direct mulls bid for Blacks

Sports Direct, the sportswear chain, is considering making a bid for outdoor specialist Blacks Leisure after blocking its proposed fundraising plans.
SuperGroup ‘oversubscribed’ as IPO bookbuilding ends

SuperGroup, the young fashion business, expects to close its IPO bookbuilding within 24 hours and the offer is likely to be oversubscribed, Drapers has learned.
Supergroup presses ahead with float despite mixed feedback on pricing

SuperGroup, the company behind Superdry and Cult Clothing has expressed commitment to a flotation on the London Stock Exchange despite concerns over pricing.
Tesco partners with ethical label

Tesco has joined forces with ethical label From Somewhere to create a diffusion line made from recycled materials.
Tesco wants F+F to become 'biggest global fashion brand'

Tesco clothing chief executive Terry Green said he wants the grocer’s F+F clothing range to become the biggest global fashion brand within five years.
The Exhibition at LFW

Autumn 10
The weekend newspaper round up: February 27 to 28, 2010

A round up of the best fashion business stories from the weekend’s newspapers.
Tommy Hilfiger owners moot sale or flotation

Tommy Hilfiger’s majority investor Apax Partners is considering a sale of its stake in the menswear label while at the same time revisiting the idea of an IPO, according to reports.
Ugg axes UK distributor

Ugg Australia, the big-selling sheepskin boot brand owned by US firm Deckers, has terminated its UK and Republic of Ireland distribution agreement with AMG Footwear after eight years.
VAT rise a temptation for next government

We all recall the fuss when Alistair Darling nibbled 2.5% off the 17.5% VAT rate with virtually no notice and in the run-up to Christmas too.
VAT set to increase, warns Aurora president

Retailers must brace themselves for a further VAT increase within the next year, Aurora Fashions non-executive president Stuart Binnie warned at Drapers’ sistle title Retail Week’a annual conference today.
Versace

Autumn 10
Wolf & Badger, Notting Hill, London

The art gallery-like space in this high-end store gives new design talent the chance to display their wares to the moneyed shoppers of Notting Hill.
Women's Footwear Indicator, February 27, 2010

Access Drapers’ unique source of sales information from women’s footwear retailers, revealing the best-selling brands, the hottest products and the latest issues to affect footwear by clicking on the PDF.
www.whistles.co.uk

Re-launched late last year, Whistles’ new site breaks every rule in the book.

Drapers27 February 2010

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Drapers
27 February 2010