Tag : Fashion news
Profits drop 40% at M&CoSubscription
Value fashion retailer M&Co has reported a 40% drop in operating profits to £3.6m for the year to 28 February, which it blames on economic and political uncertainty.
‘Desperate’ retailers discount autumn stockSubscription
High street and online retailers across the UK have launched discounts on new-season products, as warm temperatures dampen demand for autumn stock.
£17bn 'crime crisis' damaging small businessesSubscription
Mike Cherry, chairman of the Federation of Small Businesses, has called for the next prime minister to increase police numbers to tackle the £17bn “crime crisis” that is causing harm to small businesses.
Industry sources speculated this week that Edinburgh Woollen Mill owner Philip Day would buy back Bonmarché out of administration, while observing there was “a lot of work to do” to revive the failed value retailer.
Accountant chair 'gives clue to Arcadia direction' Subscription
Industry experts have hailed the appointment of Andrew Coppel as Arcadia’s new chairman as an “excellent” decision, as he brings a “totally fresh pair eyes” to the struggling group.
Acquisitive Boohoo Group ups sales forecastSubscription
The Boohoo Group has raised its sales forecasts for the current financial year, in reflection of “anticipated investments” into its newly acquired businesses.
Alibaba hires executives to expand UK portfolio Subscription
Chinese retail giant Alibaba has reportedly hired a small team of executives at its London offices to build a UK portfolio.
Anthropologie to open five new stores Subscription
Anthropologie will open five new stores over the next eight weeks, Drapers can reveal.
Anthropologie to open in Winchester Subscription
Lifestyle retailer Anthropologie has announced that it will be opening a new store in Winchester, Hampshire, on 9 December.
Arcadia interim chairman steps downSubscription
Arcadia Group interim chairman Jamie Drummond-Smith has stepped down from his role at the business.