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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Debenhams reveals first stores to reopen Subscription
Debenhams has announced it will reopen 50 of its stores in England on 15 June, following the temporary closure of its store estate under coronavirus lockdown restrictions.
High street fashion chain New Look has begun talks with landlords to negotiate turnover-based rents across its store portfolio.
Global fashion brands have been adding their voices to the Black Lives Matter protests sweeping across the world after the death of an unarmed black man, George Floyd, caused by a police officer who knelt on his neck during his arrest in Minneapolis on 25 May.
Stitch Fix to cut 1,400 US employeesSubscription
Online personal styling service Stitch Fix is to lay off around 1,400 US employees.
Retail prices in May suffered their biggest monthly drop since 2006, new data from the British Retail Consortium (BRC) shows.
Intu Properties has said it expects the amount it collects from rents and service charges to plummet £181.6m this year.
Industry welcomes part-time furlough optionsSubscription
Fashion bosses have welcomed the option to ease staff back to work part time under the extended Coronavirus Job Retention Scheme (CJRS), as they manage a phased return of store operations.
Ted Baker founder Ray Kelvin halves stakeSubscription
Ted Baker founder Ray Kelvin has cut his stake in the fashion retailer by 55%, as investment firm Toscafund overtakes him as the company’s largest shareholder.
Zalando sets science-based sustainability targets Subscription
German etailer Zalando has become the first online platform to announce its own science-based targets (SBTs) as part of its ongoing sustainability programme.
Retail and leisure developments 'mothballed'Subscription
Retail developments are likely to be reviewed and possibly “mothballed” in the wake of the coronavirus crisis, as landlords – faced with reduced incomes – reassess the viability of combined retail and leisure schemes operating under social-distancing restrictions, property experts have warned.