https://www.drapersonline.com https://www.drapersonline.com https://www.drapersonline.com/magazine/graphics/logo.png https://www.drapersonline.com https://www.drapersonline.com/news/asos-appoints-chief-people-officer/7039701.article https://www.drapersonline.com/news/asos-appoints-chief-people-officer/7039701.article Asos has appointed Jo Butler as chief people officer, boosting its executive committee to position the business for growth. grace.whelan@emap.com (Grace Whelan) Fri, 6 Mar 2020 07:38 GMT https://www.drapersonline.com/news/trevor-tompsett-dies-aged-84/7039702.article https://www.drapersonline.com/news/trevor-tompsett-dies-aged-84/7039702.article Industry veteran Trevor Tompsett has passed away at the age of 84. grace.whelan@emap.com (Grace Whelan) Fri, 6 Mar 2020 07:39 GMT https://www.drapersonline.com/news/the-kooples-owner-rebrands/7039703.article https://www.drapersonline.com/news/the-kooples-owner-rebrands/7039703.article Swiss brand group Maus Frères International, which owns Lacoste, Gant and Aigle has rebranded as MF Brands Group.  grace.whelan@emap.com (Grace Whelan) Fri, 6 Mar 2020 07:52 GMT https://www.drapersonline.com/news/john-lewiss-autumn-review-too-late/7039698.article https://www.drapersonline.com/news/john-lewiss-autumn-review-too-late/7039698.article John Lewis must take remedial action before autumn in order to thwart its “fall from grace”, industry sources have told Drapers. isabella.fish@emap.com (Isabella Fish) Fri, 6 Mar 2020 12:38 GMT https://www.drapersonline.com/news/hugo-boss-appoints-new-coo/7039695.article https://www.drapersonline.com/news/hugo-boss-appoints-new-coo/7039695.article Hugo Boss has appointed former Adidas senior vice-president Heiko Schäfer as its new chief operating officer.  isabella.fish@emap.com (Isabella Fish) Thu, 5 Mar 2020 10:39 GMT https://www.drapersonline.com/news/tradegala-launches-childrenswear/7039690.article https://www.drapersonline.com/news/tradegala-launches-childrenswear/7039690.article Online wholesale marketplace TradeGala is to launch childrenswear from this week.  Beth.Gault@emap.com (Beth Gault) Thu, 5 Mar 2020 12:15 GMT https://www.drapersonline.com/news/redundancies-at-secretsales/7039665.article https://www.drapersonline.com/news/redundancies-at-secretsales/7039665.article Flash Sale site SecretSales has made redundancies at its head office and other business functions as it repositions to a marketplace model, Drapers can reveal.   isabella.fish@emap.com (Isabella Fish) Thu, 5 Mar 2020 14:43 GMT https://www.drapersonline.com/news/house-of-holland-appoints-administrators/7039697.article https://www.drapersonline.com/news/house-of-holland-appoints-administrators/7039697.article House of Holland has appointed advisory firm KPMG as administrators as it seeks “additional investment” to continue trading.  grace.whelan@emap.com (Grace Whelan) Thu, 5 Mar 2020 16:18 GMT https://www.drapersonline.com/news/intus-future-hangs-in-the-balance/7039700.article https://www.drapersonline.com/news/intus-future-hangs-in-the-balance/7039700.article Intu needs to “move quickly” to dispose assets after a failed attempt to raise equity has left the shopping centre owner in a “precarious situation”, experts have told Drapers. grace.whelan@emap.com (Grace Whelan) Thu, 5 Mar 2020 17:28 GMT https://www.drapersonline.com/news/ynap-hunts-for-new-ceo/7039691.article https://www.drapersonline.com/news/ynap-hunts-for-new-ceo/7039691.article Federico Marchetti, CEO and chair of the Yoox Net-a-Porter Group is set to step down as chief executive next year, after 20 years in the business. harriet.brown@emap.com (Harriet Brown) Thu, 5 Mar 2020 07:33 GMT https://www.drapersonline.com/news/income-and-profits-fall-for-capital-and-regional/7039692.article https://www.drapersonline.com/news/income-and-profits-fall-for-capital-and-regional/7039692.article Shopping centre owners Capital and Regional have announced a drop in net rental income and profits for the year to 31 December 2019, as it battles a market chief executive Lawrence Hutchings described as: “not without it’s challenges.” harriet.brown@emap.com (Harriet Brown) Thu, 5 Mar 2020 07:44 GMT https://www.drapersonline.com/news/john-lewis-staff-to-receive-token-bonus-as-profits-collapse/7039693.article https://www.drapersonline.com/news/john-lewis-staff-to-receive-token-bonus-as-profits-collapse/7039693.article John Lewis Partnership employees will receive a bonus of just 2% – their lowest payout since 1953 – after its group profits fell by almost a quarter for the year to 25 January. harriet.brown@emap.com (Harriet Brown) Thu, 5 Mar 2020 08:33 GMT https://www.drapersonline.com/news/outdoor-specialist-montane-sold-to-investors/7039680.article https://www.drapersonline.com/news/outdoor-specialist-montane-sold-to-investors/7039680.article Outdoor clothing and accessories company Montane has been bought by consumer brand investor Inverleith for an undisclosed sum. Beth.Gault@emap.com (Beth Gault) Wed, 4 Mar 2020 07:51 GMT https://www.drapersonline.com/news/500-jobs-at-risk-at-hm-warehouse/7039681.article https://www.drapersonline.com/news/500-jobs-at-risk-at-hm-warehouse/7039681.article H&M is reportedly set to close its warehouse near Stoke-on-Trent and relocate to a new site in Milton Keynes. Beth.Gault@emap.com (Beth Gault) Wed, 4 Mar 2020 08:04 GMT https://www.drapersonline.com/news/intu-fails-to-raise-1bn-of-new-equity/7039682.article https://www.drapersonline.com/news/intu-fails-to-raise-1bn-of-new-equity/7039682.article Shopping centre owner Intu Properties has been unable to raise between £1bn and £1.5bn of new equity to fix its balance sheet, it has revealed in a trading update. Beth.Gault@emap.com (Beth Gault) Wed, 4 Mar 2020 08:28 GMT https://www.drapersonline.com/news/coronavirus-could-delay-autumn-20-deliveries-fears-industry/7039669.article https://www.drapersonline.com/news/coronavirus-could-delay-autumn-20-deliveries-fears-industry/7039669.article Fashion retailers are becoming increasingly concerned about the impact of the Covid-19 coronavirus on stock for autumn 20 and the longer-term effects that could be felt for the next “six to 12 months”.  grace.whelan@emap.com (Grace Whelan) Wed, 4 Mar 2020 10:03 GMT https://www.drapersonline.com/news/battersea-power-station-fit-for-the-future-of-retail/7039678.article https://www.drapersonline.com/news/battersea-power-station-fit-for-the-future-of-retail/7039678.article The Battersea Power Station shopping and leisure destination is on track to become “the future of retail”, the development’s head of retail, Sam Cotton, has told Drapers. isabella.fish@emap.com (Isabella Fish) Wed, 4 Mar 2020 14:07 GMT https://www.drapersonline.com/news/mango-promotes-toni-ruiz-to-ceo/7039689.article https://www.drapersonline.com/news/mango-promotes-toni-ruiz-to-ceo/7039689.article Spanish retailer Mango has promoted general manager Toni Ruiz to the newly created role of chief executive.  isabella.fish@emap.com (Isabella Fish) Wed, 4 Mar 2020 15:02 GMT https://www.drapersonline.com/news/panorama-to-open-insolvency-proceedings/7039673.article https://www.drapersonline.com/news/panorama-to-open-insolvency-proceedings/7039673.article Berlin trade show Panorama has filed an application to open insolvency proceedings and is planning to launch a new format.  isabella.fish@emap.com (Isabella Fish) Tue, 3 Mar 2020 07:33 GMT https://www.drapersonline.com/news/global-fashion-group-breaks-even/7039674.article https://www.drapersonline.com/news/global-fashion-group-breaks-even/7039674.article Revenue at international ecommerce company Global Fashion Group jumped 17.1% to €417.7m (£364m) for the three months to 31 December 2019, fuelled by a record Black Friday and Cyber Week.  isabella.fish@emap.com (Isabella Fish) Tue, 3 Mar 2020 08:03 GMT https://www.drapersonline.com/news/phase-eight-brand-director-steps-down/7039675.article https://www.drapersonline.com/news/phase-eight-brand-director-steps-down/7039675.article Judith Bremner will step down as brand director of Phase Eight at the end of June, after 18 years.  isabella.fish@emap.com (Isabella Fish) Tue, 3 Mar 2020 08:05 GMT https://www.drapersonline.com/news/asos-attains-30-reduction-in-carbon-emissions/7039676.article https://www.drapersonline.com/news/asos-attains-30-reduction-in-carbon-emissions/7039676.article Asos has today announced that it has achieved a 30% reduction in operational carbon emissions per order since 2015/16.   isabella.fish@emap.com (Isabella Fish) Tue, 3 Mar 2020 09:52 GMT https://www.drapersonline.com/news/brexit-talks-fuel-uncertainty-in-industry/7039672.article https://www.drapersonline.com/news/brexit-talks-fuel-uncertainty-in-industry/7039672.article Fashion and footwear retailers have voiced concerns after the government warned it would pull out of trade talks with the European Union if a “broad outline” of a deal was not reached by June. Beth.Gault@emap.com (Beth Gault) Tue, 3 Mar 2020 09:57 GMT https://www.drapersonline.com/news/pressured-retailers-discount-spring-stock/7039671.article https://www.drapersonline.com/news/pressured-retailers-discount-spring-stock/7039671.article High street and online retailers across the UK have launched discounts on new-season products, as both wet weather and the coronavirus dampen demand for spring stock.  isabella.fish@emap.com (Isabella Fish) Tue, 3 Mar 2020 10:05 GMT https://www.drapersonline.com/news/keds-to-set-foot-back-in-the-uk/7039582.article https://www.drapersonline.com/news/keds-to-set-foot-back-in-the-uk/7039582.article US footwear brand Keds is re-entering the UK market for spring 20, Drapers can reveal. isabella.fish@emap.com (Isabella Fish) Mon, 2 Mar 2020 06:00 GMT https://www.drapersonline.com/news/new-john-lewis-boss-plans-strategic-review/7039663.article https://www.drapersonline.com/news/new-john-lewis-boss-plans-strategic-review/7039663.article The new chairman of John Lewis, Dame Sharon White, is readying a strategic review of the business as the retailer prepares to release its full-year results later this week. emily.sutherland@emap.com (Emily Sutherland) Mon, 2 Mar 2020 07:33 GMT https://www.drapersonline.com/news/debenhams-denies-wavering-lender-support/7039664.article https://www.drapersonline.com/news/debenhams-denies-wavering-lender-support/7039664.article Debenhams has denied that lenders are getting cold feet over a debt for equity swap, amid reports that the retailer’s restructuring plans are dependent on further rent cuts from landlords. emily.sutherland@emap.com (Emily Sutherland) Mon, 2 Mar 2020 07:51 GMT https://www.drapersonline.com/news/battersea-power-station-line-up-revealed/7039666.article https://www.drapersonline.com/news/battersea-power-station-line-up-revealed/7039666.article Battersea Power Station has today announced the first line-up of retailers set to open their doors when the shopping destination launches in 2021.  isabella.fish@emap.com (Isabella Fish) Mon, 2 Mar 2020 11:40 GMT https://www.drapersonline.com/news/latest-news/intu-launches-uks-first-online-brand-store/7039667.article https://www.drapersonline.com/news/latest-news/intu-launches-uks-first-online-brand-store/7039667.article Landlord Intu is to launch what it calls the UK’s first-ever store dedicated to online retailers, at its Lakeside shopping centre in June. grace.whelan@emap.com (Grace Whelan) Mon, 2 Mar 2020 11:44 GMT https://www.drapersonline.com/news/a-hume-country-clothing-owner-sells-business/7039635.article https://www.drapersonline.com/news/a-hume-country-clothing-owner-sells-business/7039635.article A Hume Country Clothing in Kelso in the Scottish Borders has been sold to the managing director of knitwear manufacturer William Lockie for an undisclosed sum.  isabella.fish@emap.com (Isabella Fish) Mon, 2 Mar 2020 12:12 GMT https://www.drapersonline.com/news/uk-fashions-budget-wishlist/7039662.article https://www.drapersonline.com/news/uk-fashions-budget-wishlist/7039662.article With the backing of a landslide victory in December’s general election, prime minister Boris Johnson’s majority government is now preparing to deliver its 2020 Budget to an expectant UK. grace.whelan@emap.com (Grace Whelan) Mon, 2 Mar 2020 16:44 GMT https://www.drapersonline.com/news/redundancies-loom-at-n-brown/7039670.article https://www.drapersonline.com/news/redundancies-loom-at-n-brown/7039670.article N Brown Group is consulting with around 120 members of staff over proposed job cuts, as part of its “strategic transformation”, Drapers can reveal.  isabella.fish@emap.com (Isabella Fish) Mon, 2 Mar 2020 16:56 GMT https://www.drapersonline.com/news/peter-pilotto-to-take-a-break-to-refocus-brand/7039659.article https://www.drapersonline.com/news/peter-pilotto-to-take-a-break-to-refocus-brand/7039659.article The design duo behind Peter Pilotto have announced they are pausing the brand to reasses its future.  grace.whelan@emap.com (Grace Whelan) Fri, 28 Feb 2020 11:30 GMT https://www.drapersonline.com/news/gove-threatens-to-walk-away-from-trade-negotiations/7039652.article https://www.drapersonline.com/news/gove-threatens-to-walk-away-from-trade-negotiations/7039652.article Cabinet Office minister Michael Gove has told MPs that he wants to strike a “comprehensive free trade agreement” in 10 months and warned the European Union that, unless there is a “broad outline” of a deal by June, the UK will walk away from trade talks.  isabella.fish@emap.com (Isabella Fish) Fri, 28 Feb 2020 12:59 GMT https://www.drapersonline.com/news/first-look-warehouse-debuts-menswear-collection/7039660.article https://www.drapersonline.com/news/first-look-warehouse-debuts-menswear-collection/7039660.article Warehouse has unveiled its debut menswear range for spring 20 - with a collection designed to create a seasonal capsule wardrobe.  harriet.brown@emap.com (Harriet Brown) Fri, 28 Feb 2020 14:43 GMT https://www.drapersonline.com/news/henry-holland-exits-business/7039661.article https://www.drapersonline.com/news/henry-holland-exits-business/7039661.article Henry Holland, creative director and founder of House of Holland, has announced he will step back from the business and has appointed KPMG to seek investors. grace.whelan@emap.com (Grace Whelan) Fri, 28 Feb 2020 15:06 GMT https://www.drapersonline.com/news/healthy-uptick-in-consumer-confidence/7039656.article https://www.drapersonline.com/news/healthy-uptick-in-consumer-confidence/7039656.article Consumer confidence rose by two points in February to reach -7, a climb attributed to an increasingly positive view on the economy. harriet.brown@emap.com (Harriet Brown) Fri, 28 Feb 2020 07:35 GMT https://www.drapersonline.com/news/walpole-reveals-2020-brands-of-tomorrow/7039657.article https://www.drapersonline.com/news/walpole-reveals-2020-brands-of-tomorrow/7039657.article Brands including knitwear company Country of Origin and womenswear label Dai have been announced as part of luxury group Walpole’s 2020 Brands of Tomorrow project. harriet.brown@emap.com (Harriet Brown) Fri, 28 Feb 2020 07:38 GMT https://www.drapersonline.com/news/sales-up-as-zalando-launches-pre-owned-category/7039641.article https://www.drapersonline.com/news/sales-up-as-zalando-launches-pre-owned-category/7039641.article Zalando’s revenue grew 20.3% to €6.5bn (£5.5bn) for the 2019 financial year, after the Berlin-based etailer won 4.6 million more active customers. grace.whelan@emap.com (Grace Whelan) Thu, 27 Feb 2020 07:42 GMT https://www.drapersonline.com/news/walmart-mulls-sale-of-asda-stake/7039642.article https://www.drapersonline.com/news/walmart-mulls-sale-of-asda-stake/7039642.article The US owner of Asda is considering the sale of a majority stake in the UK grocer.  grace.whelan@emap.com (Grace Whelan) Thu, 27 Feb 2020 07:43 GMT https://www.drapersonline.com/news/intu-secures-credit-extension/7039643.article https://www.drapersonline.com/news/intu-secures-credit-extension/7039643.article Struggling shopping centre owner Intu has secured an extension to its credit facility with its lenders, on the condition that it can raise £1.3bn of equity.  grace.whelan@emap.com (Grace Whelan) Thu, 27 Feb 2020 07:52 GMT https://www.drapersonline.com/news/coronavirus-uk-wedding-dress-shortage/7039644.article https://www.drapersonline.com/news/coronavirus-uk-wedding-dress-shortage/7039644.article UK wedding dress manufacturers’ stock levels have been affected by the Covid-19 coronavirus, MPs have been warned.  grace.whelan@emap.com (Grace Whelan) Thu, 27 Feb 2020 07:59 GMT https://www.drapersonline.com/news/latest-news/harvey-nichols-marketing-boss-to-depart/7039648.article https://www.drapersonline.com/news/latest-news/harvey-nichols-marketing-boss-to-depart/7039648.article Harvey Nichols’ group creative and marketing director, Deborah Bee, will leave the business in July after two years in the role.  grace.whelan@emap.com (Grace Whelan) Thu, 27 Feb 2020 11:48 GMT https://www.drapersonline.com/news/new-90m-northern-outlet-to-open-in-2021/7039647.article https://www.drapersonline.com/news/new-90m-northern-outlet-to-open-in-2021/7039647.article A new designer shopping and leisure outlet in the north of England is expected to open in 2021.  isabella.fish@emap.com (Isabella Fish) Thu, 27 Feb 2020 12:30 GMT https://www.drapersonline.com/news/sales-up-at-tk-maxx-owner/7039645.article https://www.drapersonline.com/news/sales-up-at-tk-maxx-owner/7039645.article Sales at TJX International, which operates discount retail chain TK Maxx in Europe and Australia, increased by 8% for the year to 1 February 2020.  grace.whelan@emap.com (Grace Whelan) Thu, 27 Feb 2020 12:53 GMT https://www.drapersonline.com/news/south-london-standstill-what-next-for-westfield-croydon/7039596.article https://www.drapersonline.com/news/south-london-standstill-what-next-for-westfield-croydon/7039596.article Croydon town centre’s revamp has been blighted by delays for years. But as developers blame Brexit, could the real challenge lie in reimagining retail for 2020 shoppers? (Megan Tatum) Thu, 27 Feb 2020 13:05 GMT https://www.drapersonline.com/news/ms-extends-click-and-collect-cut-off/7039651.article https://www.drapersonline.com/news/ms-extends-click-and-collect-cut-off/7039651.article Marks & Spencer has extended its click-and-collect service for next-day collection from 10pm to 11pm, to help grow its online sales.  isabella.fish@emap.com (Isabella Fish) Thu, 27 Feb 2020 15:49 GMT https://www.drapersonline.com/news/expansion-boosts-raging-bull-sales/7039653.article https://www.drapersonline.com/news/expansion-boosts-raging-bull-sales/7039653.article Lifestyle brand Raging Bull has reported a 29% like-for-like increase in retail and ecommerce sales in the year to 31 December 2019.  isabella.fish@emap.com (Isabella Fish) Thu, 27 Feb 2020 16:49 GMT https://www.drapersonline.com/news/capital-and-regional-appoints-non-executive-chairman/7039629.article https://www.drapersonline.com/news/capital-and-regional-appoints-non-executive-chairman/7039629.article Retail property group Capital & Regional has appointed David Hunter as non-executive chairman. Beth.Gault@emap.com (Beth Gault) Wed, 26 Feb 2020 07:55 GMT https://www.drapersonline.com/news/profits-rise-at-the-atrium-group/7039630.article https://www.drapersonline.com/news/profits-rise-at-the-atrium-group/7039630.article European shopping centre owner The Atrium Group has reported an increase in profits after taxation to £84.4m in 2019, from £60.6m in 2018. Beth.Gault@emap.com (Beth Gault) Wed, 26 Feb 2020 08:14 GMT