Christopher Bailey has become synonymous with Burberry. As he announces his plans to leave the business after 17 years, a look back at his tenure shows the influence he has had on its evolution from a heavily knocked-off outerwear brand to one of the most respected luxury fashion houses of its time.
When your customers walk into your store, what do they expect? Great product, efficient service and well-lit changing rooms, of course – but, increasingly, they are also expecting an experience.
The ”prisoner’s dilemma” is a standard example in game theory. In it, two criminals can each betray the other to gain their freedom while increasing the other’s sentence, or stay silent to reduce both sentences. If each betrays the other, their sentences will remain the same.
Ted Baker is proving to be one of the success stories of 2017. Posting another set of good results this week, the brand has announced a 14% jump in half-year revenues.
I have watched Shop Direct’s transformation closely over the years, as it has evolved from an old-fashioned catalogue business to become one of the UK’s most successful online pureplay retailers.
Andy Gulliford is the chief operating officer of warehouse provider SEGRO.
Developing the right organisational structure is something fashion businesses are constantly working towards perfecting. And it is particularly important as the industry goes through a period of transition, as it is today.
This week at Drapers the conversation kept coming back to digital strategies, as we held our annual multichannel roundtable breakfast this morning.
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Today’s first-half results from John Lewis and Next highlighted the extent to which businesses have been hit by the drop in the value of sterling and downturn in consumer spending. However, there may be light at the end of the tunnel.
This week another fast fashion retailer announced a strong set of results: Primark expects UK sales to be up in the year to 16 September despite a reduction in markdowns.