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News
Product tops Singh’s New Look agenda
New Look founder Tom Singh will prioritise improving the fast-fashion chain’s product ranges and re-engaging its suppliers following his return to an executive position at the business this week.
Ollie & Nic stores under Davies review
Retail entrepreneur Peter Davies, who last week rescued Ollie & Nic as part of a pre-pack administration, is conducting a review of the accessories retailer’s bricks-and-mortar stores and has vowed to resurrect its terminated website.
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.
Riva leaves British Fashion Council
Hilary Riva has stepped down from her role as non-executive director of the British Fashion Council (BFC).
Mint Velvet racks up sales of £10m in its first year
Womenswear retailer Mint Velvet notched up more than £10m in sales in its first year of trading after getting the product “right first time”, according to managing director Liz Houghton.
John Lewis showcases autumn 10 ranges at first ever catwalk show
John Lewis has debuted a raft of new brands and designer collections for autumn 10 at its first ever catwalk show.
Debenhams favourite to take control of Faith
Debenhams has emerged as the clear frontrunner to buy footwear chain Faith after the business collapsed into administration as a result of being over-leveraged.
Faith in administration
UPDATED: The administrators to footwear retailer Faith are seeking a going concern sale of the business after it went into administration today.
Majority shareholder backs Beales’ acquisition plan
Andrew Perloff, the property entrepreneur who upped his stake in indie department store chain Beales to 29.7% last month, wants to grow the 11-store business through potential acquisitions, Drapers has learnt.
Debenhams to trial size 16 mannequins
Debenhams is trialling size 16 mannequins in its Oxford Street store window to showcase the new Principles by Ben de Lisi range.
Early success inspires Mint Velvet retail push
Womenswear retailer Mint Velvet is to ramp up its presence across the country after sales in its first three months of trading “exceeded expectations”.
Debenhams to recreate Principles range
Debenhams has signed designer Ben de Lisi to relaunch Principles.
Shoe Studio labels to return to Debenhams
Debenhams is in advanced talks to reintroduce some of Shoe Studio Group’s labels, in the same week it emerged that it is set to acquire the Principles brand name.
Principles team reunites for Peter Davies venture
Ex-Principles chief executive Peter Davies has reunited his former management team at the womenswear chain to lead the launch of his latest retail venture, called Mint Velvet.
Ex-Principles suppliers set up etail venture
Suppliers hit by the collapse of womenswear chain Principles have joined forces in an unprecedented move to create a transactional website to directly serve female shoppers aged 30 and above.
Principles creditors bombard administrator
More than 5,000 customers of and suppliers to Principles have emailed the retailer’s administrator to try to reclaim money since the womenswear chain collapsed in March.
Debenhams to revamp its offer
Debenhams will launch new brands and expand its Designers at Debenhams ranges in the autumn to boost its own-label business.
Principles stock sold to Debenhams
Debenhams has bought a significant proportion of the stock of Principles, which went into administration last week, and will continue to sell it temporarily in its stores.
Principles brand could still be up for grabs
Deloitte, the administrators of Principles, are expected to continue to sound out potential buyers for the Principles brand name, after Debenhams bought the bulk of the womenswear chain’s stock at the weekend but left the name behind (as exclusively predicted by Drapersonline.com).
Debenhams to buy Principles stock
Debenhams is believed to be close to securing a deal to buy a significant proportion of Principles’ stock, but it is not expected buy the Principles brand name or its shops.
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Peter Davies' Principles deal in jeopardy
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Oasis, Karen Millen, Coast and Warehouse saved
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Peter Davies makes offer for Principles
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Mosaic Fashions prepares pre-pack administration
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Mosaic Fashions gets three month refinancing deadline
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Principles sale uncertain
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Debenhams and Arcadia linked to Principles
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Mosaic Fashions confirms Principles approaches
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Sir Philip Green linked to Principles
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Mosaic Fashions makes info available to potential buyers
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Mosaic Fashions falls into loss after Rubicon distractions
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All change at Warehouse and Principles as McKeon departs
