Drapers
Tiffany Holland
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Asos pre-tax profit rockets 93%
24 May 2012
Asos has delivered “another strong” performance for the year ending March 31 as profit before tax including exceptionals rocketed 93% to £30m, as it revealed chairman Lord Waheed Alli prepares to step down from the business. -
Armani opens in Wales
18 May 2012
Designer fashion label Armani is opening its first store in Wales in St David’s shopping centre, Cardiff, it is understood. -
Jaeger will be rejuvenated by change says Better Capital
10 May 2012
Premium fashion retailer Jaeger’s new owner Better Capital is focusing on tackling logistics issues to put more stock into stores as it seeks to conclude a business review of the retailer by the end of the summer. -
Pretty Green set to showcase virtual record stores
8 May 2012
Liam Gallagher-owned fashion retailer Pretty Green is joining forces with record label Universal Music UK to open pop-up virtual record stores in its shop windows. -
Shop price inflation falls as continued promotions drive sales
8 May 2012
Shop price inflation fell to 1.3% in April from 1.5% in March but the British Retail Consortium (BRC)- Nielsen Shop Price Index flagged potential future increases following the UK’s fall back into recession. -
Selfridges to extend Oxford Street flagship store
4 May 2012
Selfridges is set to extend its flagship store on Oxford Street as it is understood to be on the brink of appointing The Shard architect, Renzo Piano. -
Value fashion chain Internaçionale to launch transactional site
3 May 2012
Value fashion chain Internaçionale will launch its first transactional website this month, triggering a raft of multichannel services. -
Home shopping group N Brown to introduce click-and-collect
3 May 2012
Home shopping group N Brown is introducing a click-and-collect service using convenience stores as it seeks to widen its customer base by strengthening its multichannel offer. -
Government rules out permanently relaxing Sunday trading hours
1 May 2012
Minister for business and enterprise Mark Prisk said there are “absolutely no plans” to permanently relax Sunday trading hours after legislation was passed yesterday to relax trading laws during the Olympic Games. -
Aquascutum attracts 10 expressions of interest in first round of bids
1 May 2012
Collapsed luxury fashion retailer Aquascutum has attracted 10 expressions of interest in the first round of bids, Drapers has learned. -
Shop Direct staff face redundancy
30 April 2012
Almost 50 jobs are under threat at online and catalogue retailer Shop Direct as it opened redundancy talks at its head office. -
Aquascutum to close Corby factory
19 April 2012
Aquascutum’s Corby manufacturing plant is being forcefully closed, making 115 staff redundant “with immediate effect”. -
West End spend set to hit £10bn by 2020
18 April 2012
The West End is forecasted to attract more than £10bn of spending each year by 2020 but only if overcrowding and congestion are tackled, according to a report by New West End Company. -
Aquascutum on brink of collapse
17 April 2012
Fashion retailer Aquascutum, owned by Harold Tillman, could be placed into administration today, threatening the end of a British heritage brand. -
Jaeger bought by Better Capital
16 April 2012
Fashion group Jaeger has been acquired by Jon Moulton investment vehicle Better Capital, ensuring the “future of the business”. -
Mobile devices drive increase in online retail searches
16 April 2012
Retail search volumes increased 11% in the first quarter of 2012, while overseas retail searches jumped 57% due to the increasing popularity of shoppers using mobile devices said the British Retail Consortium (BRC)- Google Online Retail Monitor. -
Monsoon Accessorize in US push
12 April 2012
Fashion group Monsoon Accessorize is expanding its US business after selling the license for its stores to a franchise partner. -
Land Securities set to introduce wi-fi to all its shopping centres
10 April 2012
One of Britain’s largest shopping centre owners Land Securities is preparing to install free wi-fi and a price comparison programme to all its 22 centres. -
Shapps brands Portas Review critics "misinformed"
2 April 2012
Housing minister Grant Shapps has called critics of the Government’s response to the Portas Review “misinformed”. -
Government launches Portas Plus plans to rescue failing high streets
30 March 2012
The Government has pledged almost £13m to save suffering high streets as it is this morning expected to accept the “vast majority” of recommendations made by the Portas Review. -
Mothercare poised to fast-track store closures
28 March 2012
Mothercare is expected to reveal it is speeding up its store closure programme when it unveils the conclusion to its strategic review in May, analysts believe. -
Chancellor confirms Sunday trading laws will be relaxed
21 March 2012
Chancellor George Osborne has confirmed the Government will relax Sunday trading laws across games-time for the Olympics and Paralympics in his Budget speech today. -
Ted Baker profits edge up despite exceptional costs
21 March 2012
Fashion retailer Ted Baker’s has posted preliminary pre-tax profits up 0.1% to £24.3m after incurring exceptional costs, but revenues advanced 14.9% to £215.6m. -
Debenhams like-for-likes up as momentum from winter sales holds
20 March 2012
Debenhams like-for-like sales increased 2.4% in the eight weeks to March 3 as momentum from its strong winter sales held up. -
Peacocks plans online launch for 2013
15 March 2012
Peacocks is to launch an online offer in the next 15 months under its new owners Edinburgh Woollen Mill. -
George at Asda takes on Midlands factories to up UK production
12 March 2012
George at Asda has signed deals with seven factories in the Midlands further increasing its support for manufacturing in the UK. -
Revived Bonmarché vows to win back older customers
9 March 2012
Bonmarché will “sharpen price points” and return to its previous 50-plus target market, after being bought out of administration six weeks ago by private equity group Sun European. -
Boohoo moves into menswear
8 March 2012
Online fashion retailer Boohoo.com will launch a menswear line on Wednesday. -
Mango Oxford Street store hoarding injures shoppers
7 March 2012
Four people have been taken to hospital after a hoarding on the Mango store in Oxford Street collapsed. -
Shop price inflation hits its lowest rate for nearly two years
7 March 2012
Shop price inflation is at its lowest for nearly two years, falling to 1.2% in February from 1.4% in January, said the British Retail Consortium (BRC). -
Savile Row tailors oppose Abercrombie & Fitch kidswear store
6 March 2012
Savile Row retailers are up in arms about plans for US casualwear giant Abercrombie & Fitch to open a kidswear store on the famous upmarket menswear shopping destination. -
Hobbs drives brand development with marketing director appointment
2 March 2012
Womenswear retailer Hobbs has appointed former ASOS global marketing director Clare Dobbie to its newly created marketing director role. -
EWM’s Peacocks strategy puts brakes on fast fashion
2 March 2012
Edinburgh Woollen Mill (EWM) is to return Peacocks’ product to a core offer by scaling back on fast fashion as part of plans to revive the value chain, which it bought out of administration last month. -
More Bonmarché stores rescued from closure
29 February 2012
Sun European, new owners of rescued fashion chain Bonmarché, has confirmed an additional 30 stores will remain open, taking the total number of stores to 255. -
Edinburgh Woollen Mill eyes a further 75 closed Peacocks stores
27 February 2012
More stores could be saved by the new owner of Peacocks, as Edinburgh Woollen Mill seeks to reopen 75 more stores that were closed last week. -
Hobbs invests £18m to drive multichannel
23 February 2012
Womenswear retailer Hobbs is investing £18m in multichannel integration and international expansion following a 10% sales rise for its autumn collection. -
Edinburgh Woollen Mill re-enters bidding race for Peacocks
22 February 2012
Edinburgh Woollen Mill re-entered talks to buy Peacocks over the weekend, it is understood. -
Edinburgh Woollen Mill pulls out of Peacocks talks as petition signatures reach 27,000
10 February 2012
Edinburgh Woollen Mill has pulled out of the bidding process for Peacocks. -
Edinburgh Woollen Mill pulls out of Peacocks talks
9 February 2012
Edinburgh Woollen Mill has pulled out of the bidding process for Peacocks. -
Edinburgh Woollen Mill in the frame to buy Peacocks
8 February 2012
Edinburgh Woollen Mill has emerged as one of the four bidders in the running for collapsed value clothing retailer Peacocks, Drapers understands. -
Peacocks receives four bids in second round
8 February 2012
Peacocks administrator KPMG has received four second round bids to buy the business, or parts of it, out of administration, it is understood. -
SuperGroup revises profit forecast after January sales slowdown
8 February 2012
SuperGroup has revised its full year profits guidance following a slowdown in sales in the last three weeks of January. -
French Connection issues profit warning
3 February 2012
French Connection has issued a profit warning, downgrading its pretax profit from £5m for the year January 31 to £4.7m, which includes a one-off exchange gain of £700,000. -
Peacocks attracts six bids
1 February 2012
Peacocks administrator KPMG has received six bids to buy the business, or parts of it, out of administration, Drapers has learned. -
Office festive like-for-likes soar by more than a quarter
31 January 2012
Young fashion footwear retailer Office has posted soaring like-for-likes of 26% across the five weeks to December 3. -
Retail employment edges up 0.5% but outlook remains gloomy
26 January 2012
Retail employment rose by a “modest” 0.5% in the final quarter of 2011 but the outlook remains downbeat, as 38% of retailers prepare to cut staffing levels this quarter. -
Half of Peacocks head office staff axed
20 January 2012
Almost half of Peacocks’ head office staff have been made redundant after the value clothing retailer collapsed yesterday. -
Mulberry posts soaring like for likes over Christmas
19 January 2012
Luxury goods retailer Mulberry delivered a strong Christmas, with like for likes rocketing 35% in the six weeks to January 14. -
Peacocks collapses into administration
18 January 2012
Debt-laden value clothing retailer Peacocks has hit the buffers after a last ditch attempt by chief executive Richard Kirk to save the business was derailed. -
Richard Kirk in eleventh hour talks to save Peacocks
17 January 2012
Peacocks chief executive Richard Kirk has been in crunch talks to thrash out a deal to save the value clothing chain with a mystery investor. -
Cost of retail crime soars 31%
16 January 2012
Retail crime is costing the sector £1.4bn, soaring by 31% as the number of robberies increased alongside the value per incident, a report by the British Retail Consortium (BRC) has found. -
Ted Baker delivers "excellent" Christmas performance
13 January 2012
Retail sales at Ted Baker soared 15.7% over Christmas, a performance described by the retailer as “excellent”. -
Shop price inflation hits 16-month low in December, BRC finds
11 January 2012
Shop price inflation reached its lowest level for 16 months in December, as retailers heavily discounted on goods including clothing and footwear in the run up to Christmas, the British Retail Consortium (BRC)- Nielsen Shop Price Index found. -
Debenhams posts strong festive performance
10 January 2012
Debenhams has posted a strong festive performance as sales in the five weeks to December 31 increased by 6.5% including VAT on last year. -
UK Uncut targets Topshop in Christmas protest
6 December 2011
UK Uncut, the organisation that occupied Fortnum & Mason’s store this year, is targeting what it calls “tax-evading” retailers Boots and Topshop, among other Arcadia-owned stores, for demonstration’s during the Christmas shopping period. -
Jaeger launches transactional mobile site
23 November 2011
Premium retailer Jaeger is targeting an 80% increase in mobile sales with the launch of its new mobile-optimised transactional site. -
'Retail does its bit' as inflation falls in October
15 November 2011
Inflation in October dropped by 0.2 percentage points across both the Consumer Price Index (CPI), and the Retail Price Index (RPI), settling at 5% and 5.4% respectively as supermarkets push prices down. -
Warm weather hits West End retail sales
15 November 2011
Warm weather has stalled shopper purchases in the West End, which saw a 4.1% drop in sales for October. -
Primark's profits fall 8% as like-for-likes grow
8 November 2011
Discount clothing retailer Primark’s profit dropped by 8% due to high cotton prices and the 20% VAT increase in January, it said in its year end results. -
Matalan's credit rating downgraded
2 November 2011
Matalan’s credit rating was downgraded by Standard & Poor on Tuesday, with one debt facility cut to ‘junk’ status, it is understood. -
BRC calls on Chancellor to tackle 2012 business rate increases in pre-Budget statement
31 October 2011
Chancellor George Osborne must address significant business rate increases, retail jobs and improving access to overseas markets in his autumn statement, the British Retail Consortium (BRC) has urged. -
White Company opens first travel shop
26 October 2011
Fashion and homewares retailer The White Company has opened its first travel store at St Pancras station in London. -
Bonmarché to expand its business overseas
21 October 2011
Value womenswear retailer Bonmarché is eyeing international expansion after bolstering its board with a new brand director. -
Ebay predicts surge in mobile sales
20 October 2011
Ebay has said m-commerce will swell over the next year as the online auction retailer reported a 32% rise in sales to $3bn (£1.9m) for the third quarter of the year. -
Mobile sales jump as confidence in the channel grows
20 October 2011
Mobile sales have jumped over the past year as retailers push the channel more aggressively in response to new consumer buying habits. -
"Harrods of the North" on market for £50m
17 October 2011
Owners of Scottish retailer House of Bruar have put it up for sale for £50m. -
Monsoon FD departs as functions leave London
13 October 2011
Monsoon Accessorize finance director David Jones has been made redundant as the retailer moved half its operations from its London head office to its distribution centre in Wellingborough.
