Card transaction fees to be capped
Fees paid by European retailers to process non-cash transactions will be capped at 0.2% for debit cards rates and 0.3% for credit cards under new laws set to come into force by autumn 2015.
View ArticleTM Lewin opens London flagship
Tailoring chain TM Lewin has opened its new flagship store on Oxford Street, London, as a pop-up ahead of an official opening in the New Year.
View ArticleJigsaw opens store with café in Milton Keynes
Jigsaw has opened its new 2,656 sq ft store at Centre:mk in Milton Keynes. Situated on Silbury Arcade, adjacent to Kurt Geiger, House of Fraser and The White Company, the store stocks the full range of...
View ArticleThe Apprentice runner-up seeks backers for hosiery project
Bianca Miller, the runner-up in last night’s final of The Apprentice, is actively seeking “value-added” investors with fashion business experience to back her idea for a hosiery collection for a wide...
View ArticleRetailers warned to expect mass Christmas returns
More than £220m worth of Christmas gifts will end up back with retailers this year according to the latest figures.
View ArticleJohn Lewis is ‘top performing clothing retailer’ globally
John Lewis has topped the list of retailers with the highest number of full price sell-outs globally, with more than 154,000 new apparel products dropped between January and the beginning of December...
View ArticleNumber of online orders in 2014 breaks records
UK etailers dispatched more parcels from January to November this year than during the whole of 2013, confirming this is a record year for online retailing.
View ArticleRise in number of clothing retailers in financial distress
Almost 1,500 clothing retailers are experiencing “significant financial distress” this festive season, compared to 666 businesses during the fourth quarter of 2013.
View ArticleNorth Sails to launch three menswear lines at Pitti
Sailmaker and sportswear brand North Sails is gearing up to launch three new menswear lines at Pitti Uomo in January following a merger in October 2014 of all its related companies, including the...
View ArticleAmerican Apparel evaluates takeover bid
Struggling US retailer American Apparel has confirmed it has received a takeover bid that values the company at between $226m and $243m (£145m-£156m).
View ArticleGerry Weber buys Hallhuber and plans to re-enter menswear
Gerry Weber International has agreed to buy fellow German women’s fashion group Hallhuber and is looking to return to the menswear market as part of its growth strategy.
View ArticleJohn Lewis predicts last-minute rush despite Black Friday high
John Lewis is expecting a last-minute rush today and tomorrow despite having hit a record £179m sales during the week that included Black Friday on November 28. Sales in the week to December 20 rose by...
View ArticleChristmas Eve and Boxing Day footfall hit by early discounting
Discounting during the past few weeks will take its toll on footfall on traditionally busy trading days, with the number of shoppers predicted to decline on Christmas Eve and Boxing Day.
View ArticleScott Tepper joins Liberty as head of collaborations
Scott Tepper has joined Liberty in the newly-created role of head of collaborations.
View ArticleWith every good wish from Team Drapers to all our readers…
The next Drapersonline newsletter will appear on Monday, December 29.
View ArticleBricks and mortar retailers lose out on Boxing Day Sales
Bricks and mortar retailers across the UK faced challenging trading conditions on Boxing Day as footfall dropped by 12.4%, despite heavy discounting. Christmas day, however, saw a 36% rise in online...
View ArticleBFC head of press leaves after reorganisation
The British Fashion Council (BFC) has combined its PR and marketing personnel to create one communications team.
View ArticleStolen From Ivor to close final store
Casualwear independent Stolen From Ivor is closing its final store in Stockport in January after almost 50 years trading.
View ArticleScepticism greets report of Tillman bid for Jaeger
Industry observers have poured cold water on a press report that Harold Tillman wants to buy back Jaeger from its owner Better Capital.
View ArticleNeedle & Thread Design enters administration
Womenswear brand Needle & Thread Design, which was set up by ex-All Saints chief executive Stephen Craig and his wife Hannah Coffin in April 2013, has entered administration. It is understoood the...
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