Grace Whelan is a news reporter at Drapers, specialising in menswear and property across the magazine and website. She joined the team in 2018 after graduating from City, University of London with an MA in magazine journalism. Personal industry interests include the developing role of tech in retail and British manufacturing.
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What you need to know from this weekend’s news
Bangladesh suppliers claim EWM owes £27m Subscription
Manufacturers in Bangladesh are threatening to halt production and deliveries to Philip Day’s Edinburgh Wollen Mill Group (EWM) in a dispute over £27m in alleged unpaid bills.
Moss Bros suitor abandons bid to exit dealSubscription
Brigadier Acquisition has scrapped its attempt to abandon its £22m takeover of Moss Bros.
Gucci goes seasonlessSubscription
Gucci’s creative director, Alessandro Michele, has announced plans to slash the number of fashion shows the brand holds each year, shifting from the “worn-out” show roster towards twice-yearly “seasonless” events.
Coronavirus: Stores to reopen from 15 JuneSubscription
Prime minister Boris Johnson has announced that non-essential stores in England will be allowed to reopen from 15 June.
The shortlist for the inaugural Drapers Sustainable Fashion Awards has been revealed, recognising the strides that are being made in reducing the industry’s environmental impact and creating fairer working conditions across the supply chain.
Founder of lingerie independent The Pantry Underwear, Eloise Rusted, tells Drapers how the fit-focused business is navigating a new socially distant reality.
Will M&S make a success of third-party brands?Subscription
Marks & Spencer’s long-awaited move to add third-party clothing and home brands to its online and in-store offer has been praised by industry insiders, but they warned the retailer must capitalise on the chance to broaden its customer base.
Clarks to axe 900 roles Subscription
Clarks is to cut 900 jobs over the coming 18 months as it enters the next phase of its ‘Made to Last’ strategy which was introduced at the end of last year.
Faced with excess stock and subdued demand amid the coronavirus crisis, retailers are turning to discounting to clear spring/summer 20 product and drive traffic with deals of up to 50% off seasonal stock.