In this week’s edition of Drapers Talks, deputy news editor Jill Geoghegan and senior news reporter Tara Hounslea consider the latest appointments at Marks & Spencer and discuss H&M’s new super-sized flagship store in London’s Westfield Stratford City.
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M&S clothing slump hits full-year profits
Clothing and home sales at Marks & Spencer fell by 2.8% year on year in the 52 weeks to 1 April, contributing to plummeting profits as the retailer grapples with the costs of opening new stores and changing its organisational structure.
Group sales grow at H&M in April
Group sales at H&M in April increased by 7% year on year as the Swedish giant continues to expand its retail footprint.
Drapers Awards 2018 winners revealed
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.
Missguided to close Westfield store
Missguided is closing its loss-making flagship in Westfield Stratford City at the end of February, Drapers can exclusively reveal.
First look: Missguided opens Dubai store
Manchester-based fast fashion retailer Missguided has opened its first store in the Middle East, in The Dubai Mall.
Why fashion falls short: retailers respond to MPs' sustainability charges
The environmental audit committee’s interim report on fashion retailers’ ethical and environmental track records show the industry needs to make up a lot of ground.
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