Tag : department stores
Fenwick axes jobs as profits plummetSubscription
Fenwick is to axe more than 400 jobs after its pre-tax profits nose-dived.
Is this the death of the department store?Subscription
Following Mike Ashley’s purchase of House of Fraser out of administration, Drapers asks industry experts what department stores need to do to survive and thrive.
Struggling department stores and a shift in consumer behaviour could lead to more concession businesses like Calvetron falling into administration, industry insiders have said.
Lenders to the embattled department store House of Fraser are said to be demanding evidence that the retailer’s Chinese owner will invest fresh funding into the business.
Department store numbers fall by quarterSubscription
The number of large department stores in England has been slashed by a quarter in less than a decade, new research has shown.
Footwear fuels fashion sales at John Lewis Subscription
Fashion sales at John Lewis edged up 2% year on year for the week to 28 April, driven by record sales of footwear.
Harvey Nichols signing up to the Farfetch platform could signal a “new age” for the department store model at a time when many are struggling to find a place for themselves, industry experts have argued.
Debenhams shuts Folkestone store after floodingSubscription
Debenhams’ store in Folkestone, Kent has shut for a number of days in the wake of flood damage caused by the “Beast from the East” and Storm Emma.
First look at Westfield London’s £600m extensionSubscription
Four years after construction began on Westfield London’s £600m extension, Drapers tours the site and its £33m John Lewis anchor, to find out how the shopping centre plans to attract new customers ahead of the March opening.
Fenwick names new buying bossSubscription
Fenwick has appointed former Selfridges buying director Jayne Demuro as its new buying and merchandising director.