Black Friday surpasses Cyber Monday as major retail event
Black Friday and Cyber Monday promotions caused a spike in sales for many fashion retailers, but may have simply pulled sales forward rather than creating additional revenue.
View ArticleClarks poaches M&S’s international director of operations
Clarks has appointed Marks & Spencer’s director of international operations Steve Finlan as its new chief commercial officer.
View ArticleGovernment to lend almost £1bn to small businesses
Chancellor George Osborne has announced a lending package of nearly £1bn for small and medium-sized businesses ahead of today’s Autumn Statement.
View ArticleGovernment confirms business rates review
There will be a full review of the structure of business rates by the 2016 Budget, Chancellor George Osborne confirmed in his Autumn Statement today.
View ArticleEdinburgh Woollen Mill Group plans 100 stores after profits surge
The Edinburgh Woollen Mill Group’s pre-tax profits rose 25.7% to £71.3m in the year to March 1, and it has revealed plans to open 100 stores in the next two years.
View ArticleVideo: Ebay launches Christmas ad
Ebay has launched a Christmas advert focused on the joy of giving the perfect gift during the festive period.
View ArticleNext scoops Occupier of the Year award
Next scooped the Occupier of the Year award at the British Council of Shopping Centres’ Gold Awards last night (December 3).
View ArticleDavid Beckham to launch clothing brand
David Beckham has signed a deal to launch his own clothing brand in a joint venture with business partner Simon Fuller and Li & Fung subsidiary Global Brands.
View ArticleNet-a-Porter names vice president of global buying
Womenswear etailer Net-a-Porter has appointed Sarah Rutson as vice president of global buying from January 12, 2015.
View ArticleRingspun and Elvis Jesus ramp up 'rebirth' strategy
Young fashion brands Ringspun and Elvis Jesus have relaunched into retail as part of an ongoing “rebirth” strategy.
View ArticleSales and profits plummet at Mulberry
Mulberry has revealed that revenue dropped by 17% to £64.7m for the six months to September 30, while profits nosedived from £7.2m in 2013 to a loss before tax of £1.1m, due to slowing sales, lower...
View ArticleHermes distribution centre fire delays Black Friday deliveries
A fire at Hermes’ central distribution centre in Warrington has caused delays to deliveries of Black Friday and Cyber Monday purchases.
View ArticleBread & Butter denies cancellation of January show
Berlin tradeshow Bread & Butter has assured Drapers it has not cancelled its January edition, as reported earlier today by Sportswear International.
View ArticleClick-and-collect to sway shoppers away from indies
Independent retailers not offering click-and-collect this Christmas could lose up to £200m collectively as more than half of shoppers switch to larger retailers for convenience.
View ArticlePretty Green opens two more London stores
Menswear brand Pretty Green is to open a new 1,400 sq ft store at Westfield London on Thursday and will open a further 1,600 sq ft store in Spitalfields Market on Tuesday December 9.
View ArticlePrimark ramps up menswear focus with new design team
Primark is recruiting a new design team to focus on menswear, which is becoming a bigger focus for the value retailer.
View ArticleKat Maconie to open 50 stores and concessions in China by 2016
UK footwear brand Kat Maconie is to open 50 stores and concessions in China by the end of 2016 through a partnership with Phoenicia International Trading.
View ArticleBusiness rates relief is a sticking plaster, say indies
Chancellor George Osborne has failed to win support from small fashion retailers for the business rate measures outlined in his final Autumn Statement on Wednesday.
View ArticleSmall Business Saturday to generate £500m sales
Independent retailers are set to pocket around half a billion pounds this weekend as the second annual Small Business Saturday takes place on December 6, according to KPMG.
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