Fashion retail industry news, trends and analysis | Drapers
Keep up to date on all the latest fashion news covering womenswear, menswear and kidswear, and spanning all sectors including department stores, high street retailers, independent retailers, online retailers, brands and suppliers. Discover all the retail news you need to know to stay ahead on topics including Brexit, sustainability, CVAs and administrations, business rates, discounting and ...
Digital Magazine: December 2024 - Drapers
Drapers Power 100 2024. Our cover story in the final issue of the year is our list of the most influential people in fashion retail this year, from the Power Players such as Next’s Lord Wolfson and Frasers’ Group’s Michael Murray to Value Victors such as New Look’s Helen Connolly and Tesco’s Jan Marchant, and Sportswear Superstars such as …
End Clothing changes ownership ahead of 20th anniversary
Oct 9, 2024 · End Clothing's lenders and shareholders have finalised an agreement to recapitalise the business, Drapers has learned. In 2021, The Carlyle Group acquired a majority stake in End Clothing with the help of Apollo's financing, in a deal that valued the business at £750m.. The Carlyle Group and End Clothing co-founders Christiaan Ashworth and John Douglas Parker have now fully exited the business.
30 under 30 2024 - Drapers
Now in its 15th year, Drapers 30 Under 30 celebrates the rising stars of fashion retail who are energising the industry and readying it for the future. Those on the 2024 list stood out among their peers, achieving great things and making bold moves despite a shifting, challenging landscape. It …
Fashion retail business news | Drapers
Read the latest fashion industry news spanning trading and financial updates, store expansion strategies, CVAs and administrations, job appointments and departures, the impact of Brexit and coronavirus on the high street, the latest catwalk trends, as …
Power 100 2024: who are this year’s Power Players?
Dec 4, 2024 · Get full access to all the fashion industry news and intelligence you need . Subscribe today. Browse the archive of more than 55,000 articles, access bespoke in-depth research, read the daily and weekly newsletters in full, receive the print magazine (optional), and gain priority access to Drapers events
The challenges fashion retailers will have to overcome in 2024
Jan 2, 2024 · Retailers faced a myriad of challenges in 2023, which have undoubtedly made the sector stronger than ever. Resilient businesses overcame an unstable geopolitical landscape and squeezed consumer spend as a result of high interest rates and inflation throughout 2023, and this is expected to continue into 2024.. Indeed, Natalie Berg, founder and analyst at retail strategy consultancy NBK Retail ...
Next launches premium online platform Seasons
Oct 31, 2024 · Next announced the platform launch in September in an effort to better serve its aspirational consumers. CEO Simon Wolfson said at the time: "Within [Next’s] eight million customers, a significant number are interested in that more premium product, and we think we can serve those customers better.". The ecommerce platform features various contemporary brands including Marc Jacobs, By Malene ...
Debenhams back in the black as it hails marketplace strategy
Dec 4, 2024 · Gross merchandise value soared 65% to £359m during the year while EBITDA doubled to £10.45m.. Boohoo Group acquired Debenhams' brand and website from administration for £55m in January 2021 and turned it into a digital marketplace. The company said it will continue as "an online retail marketplace for the foreseeable future".
Drapers Awards 2024 winners revealed
Nov 13, 2024 · Now in their 33rd year, Drapers Awards are the "Oscars" of fashion retail, and the glittering presentation ceremony, dinner and party, at the HAC in London on 13 November, is the biggest night in the industry calendar, this year hosted by renowned comedian Josh Widdicombe.