Jill Geoghegan's stories
Hobbs chief executive Meg Lustman is stepping down from her role in January, Drapers can exclusively reveal.
Debenhams rejects £40m loan from Mike Ashley Subscription
Debenhams has rejected a £40m loan offered by Sports Direct owner Mike Ashley to help the struggling department store.
Bonmarché warns on profitsSubscription
Bonmarché has issued a profit warning for the full year citing “extremely poor” Black Friday Sales and ongoing Brexit uncertainty.
Sales edge up at Sports Direct Subscription
Group revenue at Sports Direct edged up 0.2% year on year for the 26 weeks to 28 October, despite the “struggles of the high street”.
Farfetch buys sneaker marketplace Stadium GoodsSubscription
Luxury etailer Farfetch has bought sneaker and streetwear marketplace Stadium Goods for $250m (£198m).
Quiz upsizes Glasgow storeSubscription
Quiz has relocated its store in retail park Glasgow Fort store to a bigger unit.
Former Sainsbury’s CEO Justin King to join M&SSubscription
Justin King, the former boss of Sainsbury’s, will join Marks & Spencer as non-executive director from 1 January.
Yoox launches AI stylistSubscription
Yoox has launched an artificial intelligence-powered stylist that allows shoppers to mix and match products and share looks on social media.
The UK Fashion and Textile Association is taking over the management of Textiles Scotland from 1 January.
Shuropody receives new investment Subscription
Shuropody has received a “substantial investment” from an unnamed backer.
First look: Givenchy opens first UK storeSubscription
Givenchy has opened its first UK store, at 165 New Bond Street in London’s Mayfair.
Tourist spend in the UK drops Subscription
The average spend by international tourists visiting the UK dropped 3% year on year from January to October.
Kurt Geiger steps into the BullringSubscription
Kurt Geiger has opened a 1,800 sq ft store in Birmingham’s Bullring shopping centre.
Bestseller unveils new sustainability strategySubscription
Danish brand house Bestseller has unveiled a new strategy that puts sustainability “at the core of the business”.
Ted Baker has reported flat sales in the third quarter as it launches an independent investigation into allegations of “forced hugging”.
Clarks’ head of UK sales, Victoria Frayne, and head of sales for Ireland, Mark O’Driscoll, have both left the shoe retailer, Drapers can reveal.
Record sales at Missy EmpireSubscription
Fast fashion etailer Missy Empire had a record Cyber Weekend, doubling last year’s sales figures.
Exclusive: River Island to launch new brandSubscription
River Island is launching a new womenswear brand next spring, Drapers understands.
Agility is key to Joules' success, says CEOSubscription
A flexible and agile business model has been the key to Joules success in the current difficult trading climate, CEO Colin Porter has told Drapers.
Chanel to ban furSubscription
French fashion house Chanel is banning the use of fur and exotic skins in all future collections.
Edwin to raise entry prices for autumn 19Subscription
Japanese denim brand Edwin is going back to its premium roots for autumn 19, and is increasing its quality and entry price points.
Asos appoints COOSubscription
Asos has promoted its supply chain director, Mark Holland, to the newly created position of chief operating officer.
Ted Baker to launch investigation into ‘forced hugs’ Subscription
Ted Baker is launching an independent investigation into its company culture following a petition from staff over “forced hugging” at the business.
Crep Protect, Gymshark, Wed2b, Boxpark, Chi Chi London, Skinnydip and End are among those named as Britain’s private companies with the fastest-growing sales.
Black Friday boosts salesSubscription
Total like-for-like UK sales increased by 7.6% this week compared with last year following a boost from Black Friday discounts, BDO’s latest high street sales tracker shows.
US golf brand to buy Jack WolfskinSubscription
Callaway Golf Company is buying Jack Wolfskin for €418m (£372m).
The retail life of Lord RoseSubscription
With 46 years in retail under his belt, Stuart Rose, or Baron Rose of Monewden, is undoubtedly a worthy winner of the Drapers Lifetime Achievement Award 2018.
Drapers Awards 2018 winners revealedSubscription
Primark triumphed at the Drapers Awards 2018, picking up two awards for Fashion Retail Business of the Year (£500m+ turnover) and Best Use of Influencer Marketing for its Alice Liveing Workout Collection.
Record Black Friday sales at HunterSubscription
Wellington boot and outerwear brand Hunter achieved its highest daily sales results ever – £1m – on both Black Friday and Cyber Monday.
Chief customer officer at Missguided, Kenyatte Nelson, has left the business after eight months, Drapers can reveal.
Hammerson sells stake in Highcross Subscription
Hammerson has completed the sale of its 50% stake in Highcross shopping centre in Leicester to an Asian investor for £236m.
Intu buyout deal cancelled Subscription
An offer to buy shopping centre owner Intu has been withdrawn after months of negotiations as a result of “uncertainty” in the market.
Redundancies loom at House of Fraser head officeSubscription
House of Fraser has placed several roles into consultation as it prepares to close its head office on London’s Baker Street, Drapers understands.
Henri Lloyd gears up for premium relaunch Subscription
Sailing-inspired fashion brand Henri Lloyd is planning an upmarket relaunch under its new Swedish owners, Drapers can reveal.
Bestseller's blockbuster sustainability storySubscription
Drapers visits Bestseller headquarters to find out how the Danish brand powerhouse is driving forward its sustainability strategy
Karen Millen shrinks annual lossesSubscription
Karen Millen reduced its operating losses by 85% to £1.4m in the year to February 2018, as the retailer’s turnaround strategy takes hold.
Daisy Street relaunches as sports-inspired brand Subscription
Young fashion womenswear label Daisy Street has relaunched this week, to tap into the popularity of athleisure and streetwear.
Mike Ashley will demand the government does more to help struggling high streets when he attends a select committee on 3 December.
Losses mount at MothercareSubscription
Mothercare’s group adjusted loss before tax increased 138% year on year to £6.2m in the 28 weeks to 6 October, as tough trading continues to bite.
Dragons' Den’s Peter Jones launches lifestyle brand Subscription
Dragons’ Den star Peter Jones is launching “affordable luxury” lifestyle brand, Truly, online on 22 November.
Jigsaw in Black Friday U-turnSubscription
Jigsaw has reneged on its policy promising not to discount in season and is launching its first Black Friday Sale this week.
Bonmarché CEO: ‘We need to go faster’ Subscription
The chief executive of Bonmarché, Helen Connolly, has told Drapers the value womenswear retailer needs to accelerate plans to grow online sales to turn its fortunes around.
Aspinal CEO exits Subscription
The chief executive of Aspinal of London, Lisa Montague, has left the business, Drapers can reveal.
Foot clinic and comfort footwear retailer Shuropody has filed a notice of intention to appoint administrators, Drapers can reveal.
Henri Lloyd launches kidswearSubscription
British sailing brand Henri Lloyd is launching kidswear for spring 19.
Fashion Enter buys tailoring manufacturer Subscription
London-based not-for-profit training organisation and factory Fashion Enter has bought tailoring manufacturer Gloria Fashions for an undisclosed sum.
More House of Fraser store closures confirmedSubscription
The House of Fraser stores in Nottingham, Norwich, the Lakeside shopping centre in Essex and Metrocentre in Gateshead will close in the new year after Sports Direct failed to agree a deal with landlord Intu, Drapers can reveal.
New Bond Street has highest rents in EuropeSubscription
New Bond Street in London has been named as the most expensive retail street by rental value in Europe, new data from Cushman & Wakefield shows.
Blue Inc 'on the brink of administration'Subscription
Value menswear retailer Blue Inc is on the verge of going into administration, according to industry sources.
Debenhams appoints new property director Subscription
Debenhams has appointed Clive Bentley as property director.