• Leicester goes into local lockdown By Drapers   -   Jun 30, 2020

    LEICESTER GOES INTO LOCAL LOCKDOWN

    Leicester has become the first city in the UK to be put under further lockdown restrictions amid a rise in COVID-19 cases in the region.

  • Competition watchdog ousts chairman By Drapers   -   Jun 30, 2020

    COMPETITION WATCHDOG OUSTS CHAIRMAN

    The chairman of the UK's competition watchdog has reportedly been forced to step down three after a row with the organisation's chief...

  • Lululemon to acquire home fitness startup By Drapers   -   Jun 30, 2020

    LULULEMON TO ACQUIRE HOME FITNESS STARTUP

    Canadian activewear giant Lululemon has announced plans to acquire home exercise startup Mirror for $500m .

  • Seafolly falls into administration By Drapers   -   Jun 30, 2020

    SEAFOLLY FALLS INTO ADMINISTRATION

    Australian swimwear brand Seafolly has reportedly fallen into administration, citing the pandemic as a key reason for its collapse.

  • New Look warns landlords of pre-pack By Drapers   -   Jun 30, 2020

    NEW LOOK WARNS LANDLORDS OF PRE-PACK

    New Look is warning landlords that it might have to launch a pre-pack administration if they continue to block the retailer's attempts...

    Look
  • Could M&S or Next restore Victoria's Secret to its former glory? By Drapers   -   Jun 29, 2020

    COULD M&S OR NEXT RESTORE VICTORIA'S SECRET TO ITS FORMER GLORY?

    Two high street giants, Next and M&S, are reportedly competing to buy the UK franchise of Victoria's Secret. Drapers assesses the lingerie...

    Lingerie
  • Sales slump at H&M Group By Drapers   -   Jun 29, 2020

    SALES SLUMP AT H&M GROUP

    Net sales at Swedish giant the H&M Group dropped by 23% to SEK83.61bn in the six months to 31 May as coronavirus had a “significant”...

  • The Monday Briefing: Victoria's Secret, TM Lewin, The Hut Group By Drapers   -   Jun 29, 2020

    THE MONDAY BRIEFING: VICTORIA'S SECRET, TM LEWIN, THE HUT GROUP

    What you need to know from this weekend's news.

  • A new approach to restructuring By Drapers   -   Jun 26, 2020

    A NEW APPROACH TO RESTRUCTURING

    A new wave of restructurings and acquisitions is hitting the fashion retail sector as the coronavirus support schemes are coming to...

    Fashion
  • Intu: what happens next? By Drapers   -   Jun 26, 2020

    INTU: WHAT HAPPENS NEXT?

    What is the outlook for Intu's 17 UK shopping centres, after the landlord collapsed into administration earlier today?

    Shopping
  • Yeezy teams up with Gap By Drapers   -   Jun 26, 2020

    YEEZY TEAMS UP WITH GAP

    Kanye West's Yeezy label has struck a deal with Gap to launch a collaborative apparel collection through the retailer's stores and...

    Collection
  • Intu falls into administration By Drapers   -   Jun 26, 2020

    INTU FALLS INTO ADMINISTRATION

    UK shopping centre owner Intu has collapsed into administration after negotiations with its lenders failed ahead of today's debt covenant...

    Shopping
  • Oliver Bonas secures £3.5m coronavirus funding By Drapers   -   Jun 26, 2020

    OLIVER BONAS SECURES £3.5M CORONAVIRUS FUNDING

    Lifestyle retailer Oliver Bonas has secured £3.5m in additional funding via the Coronavirus Business Interruption Loan Scheme , to...

  • Nike swings to quarterly loss By Drapers   -   Jun 26, 2020

    NIKE SWINGS TO QUARTERLY LOSS

    Sports giant Nike has swung to a quarterly loss of $790m for the three months to 31 May, hit by global coronavirus store closures.

  • Intu 'likely' to appoint administrator By Drapers   -   Jun 26, 2020

    INTU 'LIKELY' TO APPOINT ADMINISTRATOR

    UK shopping centre owner Intu Properties has said it is “likely” to appoint administrators after negotiations with its lenders stalled...

    Shopping
  • New finance boss for Sosandar By Drapers   -   Jun 26, 2020

    NEW FINANCE BOSS FOR SOSANDAR

    Womenswear etailer Sosandar has appointed Regatta Group's Stephen Dilks as its new finance director.

  • Boohoo launches £150m reward scheme By Drapers   -   Jun 26, 2020

    BOOHOO LAUNCHES £150M REWARD SCHEME

    Boohoo Group is to introduce a new £150m management incentive plan for the next three years.

  • Matalan appoints new chairman By Drapers   -   Jun 25, 2020

    MATALAN APPOINTS NEW CHAIRMAN

    Matalan has appointed former Dreams chairman Steve Johnson as its new chairman.

  • June retail rent payments decimated By Drapers   -   Jun 25, 2020

    JUNE RETAIL RENT PAYMENTS DECIMATED

    UK retailers paid just 13.8% of their rent at yesterday's quarterly payment date, as they continue to wrestle with their property portfolio...

  • Coronavirus casts shadow over UK manufacturing By Drapers   -   Jun 25, 2020

    CORONAVIRUS CASTS SHADOW OVER UK MANUFACTURING

    British brands Mulberry and Laura Ashley are shutting their UK factory operations because of coronavirus. Drapers explores whether...