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  • Vans sp.18 surf ultrarange lifestyle 0f2a4966 edit

    Vans leads growth at VFSubscription

    18 January 2019 By Olivia Pinnock

    VF Corporation has raised its full year outlook following revenue growth of 8% year on year for the three months to December, driven by a particularly strong performance from Vans.

  • Bread & Butter

    Berlin trade shows ‘to come under one roof’Subscription

    18 January 2019 By Olivia Pinnock

    Berlin trade show Panorama has announced it is exploring plans to transform the former Bread & Butter venue, Tempelhof, into a joint location for all fashion exhibitions in the German capital.

  • Will fines stop late payments

    Fines for late payments: an unworkable proposition?Subscription

    18 January 2019 By Angela Rumsey

    MPs support the idea of fines for businesses that repeatedly fail to pay suppliers within 30 days, but is this realistic, or even wanted, for fashion retailers and suppliers in the current trading climate? Drapers finds out 

  • Black Friday 2017

    Black Friday steals Christmas spend Subscription

    18 January 2019 By Olivia Pinnock

    Retail sales slowed at the end of 2018 with non-food spend dropping 1.1% in December from November, as shoppers brought forward Christmas shopping to the Black Friday Sales.

  • mahabis

    Mahabis bought out of administrationSubscription

    18 January 2019 By Isabella Fish

    Slipper brand Mahabis, known for its removable soles, has been bought out of acquisition by YYX Capital, an investment company co-headed by Simba Sleep founder James Cox. 

  • high street

    Cool weather boosts fashion sales Subscription

    18 January 2019 By Olivia Pinnock

    Cooler weather boosted fashion sales last week, according to BDO, as sales were up 2.8% on last year.

  • sears

    Investment at Sears to save 45,000 jobsSubscription

    18 January 2019 By Grace Whelan

    US department store chain Sears has received $5.2bn (£4bn) in investment that could preserve 45,000 jobs.

  • 20181121 ass cath kidston 17 0059 f1 ext cmyk

    Losses mount at Cath KidstonSubscription

    18 January 2019 By Grace Whelan

    Cath Kidston has reported a £10.5m EBITDA loss for the 52 weeks to 25 March 2018, citing “upwards pressure on costs” and “tough underlying market conditions” for its poor performance.

  • anthropologie offenblende

    Anthropologie to open first Spanish storeSubscription

    18 January 2019 By Grace Whelan

    US fashion and lifestyle brand Anthropologie will open its first store in Spain on 1 February, at 27 Pasea de Gracia in Barcelona.

  • Ian Watson

    Start-Rite CEO resigns Subscription

    17 January 2019 By Isabella Fish

    Ian Watson is leaving his role as chief executive of children’s footwear brand Start-Rite Shoes on 31 January. 

  • Primark womenswear autumn 18 (5)

    Primark to enter Poland, says finance directorSubscription

    17 January 2019 By Grace Whelan

    Primark will continue its international store expansion into eastern Europe, the finance director at owner Associated British Foods, John Bason, told Drapers today.

  • drapers quiz image 650

  • Serac

    Scandi brand Serac makes UK debutSubscription

    17 January 2019 By Harriet Brown

    Scandinavian countries have a reputation for high-quality outerwear, and Norwegian brand Serac, founded by Tore Mortvedt, former lead technical designer for Helly Hansen, is the latest name on the scene.

  • Air & grace 4

    Rise in revenue for Air & Grace Subscription

    17 January 2019 By Isabella Fish

    Premium comfort shoe brand Air & Grace has reported a 100% increase in revenue and an 800% rise in net profits for the 12 months to 31 December 2018. 

  • lovehoney

    International push drives revenues at LovehoneySubscription

    17 January 2019 By Grace Whelan

    Revenue was up 22% to £93m at online lingerie and sex toy retailer Lovehoney for the year ending 31 March 2018, driven by a focus on international expansion.

  • clarks

    Clarks considers closure of UK factory Subscription

    17 January 2019 By Jill Geoghegan

    Clarks has announced its UK factory in Street, Somerset could close after failing to meet manufacturing and cost targets.

  • 140313 debenhams 001 1

    Moody's reassesses New Look and Debenhams Subscription

    17 January 2019 By Grace Whelan

    Credit ratings agency Moody’s has downgraded New Look’s senior secured notes rating and changed the outlook on Debenhams’ corporate family rating and probability of default rating from stable to negative.

  • John Lewis & Partners

    John Lewis operations director to retireSubscription

    17 January 2019 By Isabella Fish

    Dino Ricos will retire from his role as operations director at John Lewis at the end of May, after more than four decades in the business. 

  • New look spring 18 (4)

    New Look Belgium files for insolvencySubscription

    17 January 2019 By Grace Whelan

    New Look Belgium (NLB) has filed for insolvency as New Look reviews its non-core international markets after agreeing a debt bail-out earlier this week.

  • wild & gorgeous

    Wild & Gorgeous falls into administrationSubscription

    17 January 2019 By Grace Whelan

    Premium kidswear brand Wild & Gorgeous entered administration on 2 January after “facing tough market conditions and accruing losses”.

  • Simply Be maternity range

    Sales drop at N Brown GroupSubscription

    17 January 2019 By Jill Geoghegan

    Group sales at N Brown Group in the 18 weeks to 5 January fell 1.6% year on year, in a “challenging” and “highly promotional” market.

  • brexit

    Creative Industries Federation calls for second Brexit voteSubscription

    17 January 2019 By Tim Clark

    The Creative Industries Federation (CIF) has called for the government and political parties to support a second referendum on whether the UK should leave the European Union.

  • Primark Burnley

    Festive sales up at Primark Subscription

    17 January 2019 By Jill Geoghegan

    Sales at Primark for the 16 weeks to 5 January were up 4% year on year, driven by new store openings.

  • Advertising standards agency asa logo

    Retailers warned over mis-selling fake fur Subscription

    17 January 2019 By Tim Clark

    The Advertising Standards Agency (ASA) is to crack down on retailers and brands that misleadingly claim to sell fake fur products.

  • Mobile Phone

    Shopping app usage soars 60%Subscription

    16 January 2019 By Tim Clark

    Time spent worldwide on mobile shopping apps has risen by 60% to 18 billion hours in 2018, a new report has revealed.

  • Mamas & Papas

    Mamas & Papas stems losses as revenues fall flatSubscription

    16 January 2019 By Tim Clark

    Maternity and nursery retailer Mamas & Papas has reduced its losses from £11.6m to £9.1m for the year to 1 April 2018, its latest accounts filed at Companies House show.

  • Theresa May

    Industry despair at Brexit 'mess'Subscription

    16 January 2019 By Isabella Fish, Tim Clark

    The retail industry has called for certainty after prime minister Theresa May’s proposed Brexit deal was overwhelmingly rejected by parliament last night.

  • Pitti immagine uomo 95  the tradeshow 188

    Buyer numbers drop at Pitti UomoSubscription

    16 January 2019 By Isabella Fish

    Menswear trade show Pitti Uomo in Florence witnessed a 4% decline in buyer numbers for autumn 19, after steady attendance growth in the two preceding January editions. 

  • London Edge Now

    LondonEdge launches online trading emporiumSubscription

    16 January 2019 By Isabella Fish

    Alternative lifestyle trade show LondonEdge has launched an online sourcing platform to connect brands and buyers worldwide all year round.

  • Gabriela hearst

    LVMH takes minority stake in Gabriela HearstSubscription

    16 January 2019 By Harriet Brown

    LVMH has invested in a minority stake of sustainable US womenswear brand Gabriela Hearst.

  • Crop

    Olivia Rubin launches wholesale Subscription

    16 January 2019 By Harriet Brown

    Womenswear brand Olivia Rubin has launched its debut wholesale collection for spring 19.

  • Brexit flags for web

    Brexit deal defeat provokes anger from business leadersSubscription

    16 January 2019 By Harriet Brown

    British business groups and companies have reacted with anger, after prime minister Theresa May’s proposed Brexit deal was overwhelmingly rejected by parliament last night.

  • High street web shutterstock 378799936

    Consumer spending falls further in DecemberSubscription

    16 January 2019 By Isabella Fish

    Consumer spending dropped by 1% in December 2018, with the high street taking a particuarly heavy blow in the run up to Christmas, new figures have shown.  

  • Jack wills aw18

    Jack Wills calls in advisersSubscription

    15 January 2019 By Grace Whelan

    Lenders at Jack Wills have appointed accountancy firm EY to asses the company’s financial position.

  • debenhams watford (9) flipped

    Suppliers’ fears for Debenhams mount Subscription

    15 January 2019 By Olivia Pinnock, Jill Geoghegan

    Suppliers have expressed concern about the future of Debenhams following last week’s revolt by Mike Ashley at the retailer’s annual general meeting.

  • Lepel.jpg

    LF Intimates sold to Pour Moi Subscription

    15 January 2019 By Isabella Fish

    LF Intimates, the owner of swimwear and lingerie brands Charnos and Lepel, has been sold to British swimwear, nightwear and lingerie brand Pour Moi for an undisclosed sum. 

  • jan 2019 new look 2

    New Look to regroup after restructuring debtSubscription

    15 January 2019 By Grace Whelan

    New Look’s refinancing, aimed at reducing its long-term debt by 80%, will put the retailer “on the front foot” in tackling its turnaround strategy, executive chairman Alistair McGeorge has told Drapers.

  • kerim ture

    Turkish modest etailer to open London officeSubscription

    15 January 2019 By Isabella Fish

    Modest fashion etailer Modanisa is planning to open an office in London after it sold a minority stake to investment banks Goldman Sachs and Wamda Capital for an undisclosed amount.

  • John Lewis & Partners

    Clearance continues to boost John Lewis sales

    15 January 2019 By Isabella Fish

    Fashion sales at John Lewis for the week to 12 January jumped 4.9% compared with 2018, driven by customers shopping the Sale and starting to buy into spring ranges.

  • Marks & Spencer

    M&S names stores set to shutter Subscription

    15 January 2019 By Jill Geoghegan

    Marks & Spencer has revealed the next 17 shops proposed for closure across the UK as part of plans to reshape its store estate, impacting more than 1,000 members of staff.

  • Fila f

    Fila debuts new premium lineSubscription

    15 January 2019 By Harriet Brown

    Italian sportswear brand Fila is launching a new, premium label – Fila Fjord – for autumn 19. 

  • 18 0179r

    Spill the Tea causes a stirSubscription

    15 January 2019 By Harriet Brown

    Ethical, vegan, independent and 1990s are all buzzwords on the young fashion scene, and new brand Spill the Tea is seeking to tap into the market.

  • Boohoo spring 19 screenshot

    Revenue rises at Boohoo Group Subscription

    15 January 2019 By Emily Sutherland

    Group revenue at Boohoo Group rocketed by 44% across all regions in the four months to 31 December.

  • Lululemon simply bare 4up

    Lululemon ups revenue forecast Subscription

    15 January 2019 By Emily Sutherland

    Canadian activewear retailer Lululemon has upped its revenue forecasts for the last quarter of its financial year following online sales growth and demand in China.

  • jigsaw image 2

    Jigsaw CEO and chairman to step down Subscription

    14 January 2019 By Jill Geoghegan

    Jigsaw’s interim chief executive, Chris Stephenson, is stepping down on 28 January after six months in the role, and chairman Charles Atterton is to retire, Drapers can reveal. 

  • drop off

    Hackett buying director to join new retail delivery serviceSubscription

    14 January 2019 By Grace Whelan

    Buying director at Hackett London, Carsten Skovgaard, will join a new retail delivery service called Drop-Off in the same role on 28 January.

  • Hardy Amies store at No.8 Savile Row

    'Interested parties' for collapsed Hardy AmiesSubscription

    14 January 2019 By Grace Whelan

    A sale is on the cards for British heritage menswear brand Hardy Amies, after it went into administration last week.

  • Matalan 31

    Festive sales up but profits hit at Matalan Subscription

    14 January 2019 By Olivia Pinnock

    Matalan has posted revenue growth of 4.9% to £308.3m for the 13 weeks to 24 November.

  • raeburn rebrand

    Christopher Raeburn rebrandsSubscription

    14 January 2019 By Grace Whelan

    Eponymous British brand Christopher Raeburn has rebranded as Raeburn as it celebrates its tenth year in business.

  • Castore autumn 18 2

    Castore plans international expansion as sales riseSubscription

    14 January 2019 By Harriet Brown

    Luxury men’s activewear brand Castore is set to ramp up its international business in 2019, as demand soars for its premium product. 

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