Tag : Fashion news
Ted Baker finance boss heads to MulberrySubscription
Charles Anderson, finance director for lifestyle retailer Ted Baker’s subsidiaries, has left the business to join luxury brand Mulberry as its new group finance director.
Laura Ashley profits collapseSubscription
Poor online performance and underperforming homeware have been blamed for crumbling profits at heritage lifestyle retailer Laura Ashley, which announced a statutory loss before tax of £14.3m for the 52 weeks to 30 June 2019, down from a profit of £100,000 in 2018.
Sales at womenswear etailer Nobody’s Child were up 78% year on year for the month of July, as CEO John Allen’s new strategy began to take hold.
Sports Direct auditor Grant Thornton resigns Subscription
Mike Ashley’s Sports Direct has announced that Grant Thornton has decided not to seek reappointment as the company’s auditor.
Government urged to support creative educationSubscription
Fashion industry leaders have signed an open letter urging the government to recognise the “critical” role of creative education for young people, the creative industries, and for the economy as a whole.
Board changes at Moss Bros Subscription
Men’s tailoring specialist Moss Bros has appointed Avis Darzins as a non-executive director, joining on 1 September.
River Island asks landlords for rent cutsSubscription
River Island is asking landlords to slash store rents by up to 40%, Drapers can reveal.
Max Mara UK boss extends his remitSubscription
Max Mara’s managing director of UK and Ireland, Andrea Ceglia, has been appointed as CEO of the group’s operations in Australia and New Zealand, Drapers can reveal.
Jack Wills’ new owner, Sports Direct, is asking landlords to accept rent-free tenancy agreements across some of its worst-performing stores, Drapers can reveal.
Revolver Copenhagen to open second venueSubscription
From January 2020, Copenhagen trade show Revolver is expanding to a second venue, which will have a strong focus on Scandinavian brands.
H&M closes Oxford Street store for refurbishment Subscription
H&M’s Oxford Street store closed its doors yesterday evening ahead of a major refurbishment, and will relaunch in spring 2020.
Sports Direct seeks Jack Wills rent cutsSubscription
Jack Wills’ new owner, Sports Direct, is reported to be negotiating with landlords to slash rents across its 100-store portfolio.
Questions over Ashley’s strategy with Jack Wills Subscription
Industry insiders have questioned Mike Ashley’s long-term strategy as he continues to “irrationally hoover up the high street”.
Drapers appoints new editorSubscription
Drapers has named Kirsty McGregor as its new editor, ahead of incumbent Keely Stocker’s departure for lifestyle retailer Fat Face.
Drapers editor to join Fat FaceSubscription
Drapers’ Keely Stocker will be stepping down as editor after more than 14 years at the title, to join lifestyle retailer Fat Face.
Around 190,000 non-domestic premises in England, including shops, pubs and restaurants, were taken to court for non-payment of their business rates during the 2018/19 financial year, new research by Altus Group has found.
Duchess of Sussex to launch clothing collectionSubscription
The Duchess of Sussex, Meghan Markle, is launching a women’s workwear range in collaboration with John Lewis, Marks & Spencer and Jigsaw this autumn.
Rise in revenues at Prada Group Subscription
Net revenues at Italian fashion group Prada rose 2% to €1.6bn (£1.4bn) in the six months to 30 June, compared with the same period in 2018.
Diesel to launch new concept at Coal Drops Yard Subscription
Italian fashion brand Diesel is rolling out its new store concept at Coal Drops Yard in London’s King’s Cross on 12 August, Drapers can reveal.
Womenswear brand Emreco to close after 90 years Subscription
UK womenswear wholesale brand Emreco is set to close later this year after operating for more than 90 years, Drapers can reveal.