Group like-for-like sales at Debenhams dipped 3.4% in the six weeks to 5 January, as the department store chain battled “challenging” trading conditions and the growing pressure to discount.
Drapers 30 Under 30 class of 2019 revealedSubscription
Drapers Next Generation initiative turns the spotlight on the talented young fashion professionals who are shaping the future of the industry
The drop in the value of sterling, tough trading conditions and supply chain issues led lingerie retailer Boux Avenue’s operating losses for the year to 31 March 2018 to more than double year on year.
Sainsbury's clothing sales edge downSubscription
Total sales of Sainbury’s Tu clothing line fell by 0.2% in the third quarter of the 2018/19 financial year.
Shoe Zone will continue to invest in its “Big Box” stores and digital channels to drive growth after a strong performance for 2018, chief executive Nick Davis told Drapers today.
Turnover at British brand Paul Smith increased by 6.7% to £197.3m for the year to 30 June 2018, during which the retailer invested heavily in its store portfolio.
Boohoo warned after real fur advertised as fakeSubscription
Boohoo has been given a warning from the Advertising Standards Agency (ASA) after the retailer was caught advertising a fake fur product that contained real fur.
Sosandar revenues continue to rocketSubscription
Revenues at womenswear etailer Sosandar jumped 219% to £1.6m for the three months to 31 December 2018, driven by both repeat orders and customer acquisition.
International sales boost Fat Face revenuesSubscription
A steep rise in international sales in the second half of 2018 helped Fat Face record a 2% rise in revenues to £122m.
Club Monaco founder joins Nic+ZoeSubscription
Club Monaco co-founder Avra Myers has joined American fashion brand Nic+Zoe as chief merchant.