Keely Stocker's stories
Editor's Comment: A pleasure and a privilegeSubscription
When I joined Drapers in June 2005, I could not have imagined the challenges and opportunities the next 14 years would bring.
This week Drapers celebrates an incredible 132 years. Looking back at the industry over that time there have been huge changes and challenges to overcome but there has also been plenty to celebrate.
To say it has been a turbulent week for Sports Direct Group is an understatement.
Consumer confidence is low, the high street is in the midst of one of its most challenging periods yet, Brexit is imminent, and the UK has a new prime minister, Boris Johnson.
I’ve said it before, and I’ll say it again: the high street is not dead.
The industry is saddened this week by the loss of retail stalwart, Arthur Ryan, who has died aged 83. My thoughts go to all of his family, friends and colleagues.
Lately, not a week goes by without the mention of a CVA and this week is no exception – the latest being high street footwear staple Office, which has appointed restructuring advisers to assess its financial position amid “tough trading conditions”.
When market conditions are tough, it is never more important to take time to celebrate the achievements, innovations and businesses pushing forward through turbulent waters.
The fashion industry contributes more than £32 billion to the UK economy, yet, once again, calls for support from the government have gone unheeded.
Product will always sit at the heart of any fashion business. As we move into June and the new buying season kicks off with London Fashion Week Mens and menswear trade show Pitti Uomo in Florence, retailers will be looking at how their new-season collections can offer something unique to drive customers in store and online.