New supply chain boss for M&SSubscription
Marks & Spencer has appointed Adidas’s Paul Babbs to take charge of its supply chain, in a bid to revive its clothing division.
Consumers' sustainable shopping habits revealed Subscription
Almost two-thirds of shoppers believe that retailers and brands have the greatest responsibility for ensuring sustainable practices in the fashion industry, ahead of consumers and the government, new research has found.
High street retailers predict festive cheerSubscription
Retailers are optimistic ahead of the Christmas trading period, and are convinced this week’s election will not deter consumer spending in December.
Missguided turnaround begins to bear fruit Subscription
Missguided returned to EBITDA growth in the year to 31 March 2019, after it reshaped its board and supply base, cut back on marketing and closed its store in Westfield Stratford City.
Revenue and profits rise at InditexSubscription
Sales and profits climbed at Inditex in the first nine months of its 2019 financial year, attributed to its focus on “high-quality store environments, products and customer experience”.
Indian etailer Koovs rescued from administrationSubscription
The founder of Indian etailer Koovs has acquired the business and its assets after it failed to secure a £6.5m investment from its largest shareholder, Future Lifestyle Fashions, and collapsed into administration.
“It’s a very sad day for the industry”, sources told Drapers, as Ted Baker veteran and CEO Lindsay Page quits amid another profit warning.
Lululemon COO to exit Subscription
Lululemon’s chief operating officer, Stuart Haselden, will leave the business in January to join luggage company Away.
Paul Price resigns as Topshop CEOSubscription
Topshop and Topman chief executive Paul Price has resigned after just over two years in the role.
Asda appoints George MDSubscription
Asda has appointed a replacement for former George MD, Nick Jones, who left the supermarket earlier this year to join Joules as CEO.
Denim Première Vision pulls in big-ticket buyersSubscription
Denim Première Vision returned for a successful second London edition with an impressive roster of buyers from well-known brands.
Debenhams bolsters boardSubscription
Department store Debenhams has announced the appointment of two new non-executive directors to the board of its parent company Celine Jersey Topco.
The Mothercare group has announced falling revenues for the 28 weeks to October 2019, but narrowed losses following the business’s administration.
Ted Baker has issued a profit warning as it announces the departure of both its CEO and executive chairman.
Boohoo founders sell shares Subscription
Boohoo Group co-founders Carol Kane and Mahmud Kamani have sold a total £142.5m worth of shares in the fast fashion etailer.
First Look: Ganni's new Miami flagship Subscription
Danish womenswear brand Ganni has opened the doors to a new 1,400 sq ft flagship in the Miami Design District in Florida.
Nike settles claim by London indieSubscription
Nick Mavrides, owner of Ace Sports in London’s Kentish Town, has won a tribunal in the small claims court against sportswear conglomerate Nike.
N Brown hires financial services CEOSubscription
N Brown Group, which owns brands Simply Be, Jacamo, JD Williams and Ambrose Wilson, has appointed Daniel Joy as financial services CEO.
Investment sets Fresh Couture up for expansionSubscription
Independent UK streetwear brand Fresh Couture has secured a £250,000 investment to bring its design in house and drive ecommerce sales.
Debenhams splits with property directorSubscription
Debenhams has parted ways with property director Clive Bentley, amid preparations to close 22 stores in the New Year.