Consumer confidence dips in February

The latest GFK Consumer Confidence Index shows consumer confidence has dipped by three points in February.

#consumerconfidence #costoflivingcrisis

Oxford Street pedestrianisation to go ahead this summer

Mayor of London Sir Sadiq Khan has formally approved the part-pedestrianisation of London's Oxford Street, which is due to begin this summer. Find out who supported the plans.

#OxfordStreet #MayorofLondon

LK Bennett launches clearance Sale

Struggling womenswear business LK Bennett, which was bought out of administration by US firm Gordon Brothers in January, has launched a closing down Sale, with discounts starting at 40%.

#LKBennett #fashionretailnew #womenswear #administrations

Topshop and THG host 'world's first AI-driven catwalk'

Topshop and THG, formerly The Hut Group, teamed up to host the "world's first" AI-driven, shoppable catwalk in Manchester last night (26 February). Drapers reports from the front row.

#Topshop #THG #DrapersFutureofFashion #fashiontechnology #AI #artificialintelligence #fashiontech

LK Bennett launches clearance Sale

Struggling womenswear business LK Bennett, which was bought out of administration by US firm Gordon Brothers in January, has launched a closing-down Sale, with discounts starting at 40%.

#LKBennett #fashionretailnews #administrations

Saks Global granted final approval for $1bn bankruptcy loan

On 20 February, department store group Saks Global, owner of Saks Fifth Avenue, Bergdorf Goodmana and Neiman Marcus, received $1bn (£740m) in new funding after a US bankruptcy judge approved a loan to the company.

#Saks #Saksbankruptcy #departmentstores #fashionretailnews

First look: Mango opens first store in Limerick

#Mango has opened its first standalone store in Limerick as the Spanish fashion retailer accelerates its expansion across Ireland.

Julien Macdonald returns to London Fashion Week with a new business model

Ahead of his #LondonFashionWeek comeback on Saturday (21 February), Julien Macdonald is resetting his business with lower entry prices, direct-to-consumer drops and a strategy designed to meet the demands of today’s luxury consumer.

Has your business been impacted by a cyber-attack?

Drapers has launched a confidential and anonymous survey to assess the scale of cyber-attacks across the UK fashion retail industry. Have your say now.

JD Sports to shutter Hip stores

Retail group JD Sports Fashion will shutter both of its Hip sites in Leeds and Manchester before the end of June, Drapers understands.

Read more via the link.

#thehipstore #jdsports #jdsportsfashion #fashionnews

The Very Group secures funding

Online retailer The #Very Group has strengthened its balance sheet after extending key debt facilities to 2030 and reducing its overall debt by £150m, ahead of a potential sale by owner Carlyle.

Converse to cut jobs and restructure under Nike

Nike-owned CONVERSE is reportedly slashing jobs and restructuring the business as part of a new turnaround plan following struggling sales.

#Nike #Converse #restructuring #footwear

Russell & Bromley administrators' report reveals depth of decline

Russell & Bromley's EBITDA loss widened to £12.1m in the 11 months to November 2025, up from a loss of £7m in the same period the previous year, ahead of the footwear specialist collapsing into administration in January.

#RussellandBromley #adminstrations #Next

Gender pay gap 'will not close until 2056', warns TUC

The gender pay gap will not close for 30 years at the current rate of progress, a Trades Union Congress (TUC) report has found.

#genderpaygap #TUC #TradesUnionCongress #genderinequality

Has your business been impacted by a cyber-attack?

Drapers has launched a confidential and anonymous survey to assess the scale of cyber-attacks across the UK fashion retail industry. Have your say now.

Has your business been impacted by a cyber-attack?

Drapers has launched a confidential and anonymous survey to assess the scale of cyber-attacks across the UK fashion retail industry.

Have your say now.

Salomon's creative director Heikki Salonen: 'I'm ready to move on from gorpcore'

Heikki Salonen, former Maison Margiela MM6 veteran and the first creative director of Salomon, has big plans for the French sportswear brand. He shares his footwear- and womenswear-first approach with Drapers.

Read more via the link.

#salomon #sportswear #fashionnews

Saks suppliers battle for stock amid store closures

#Saks lenders and luxury brands are reportedly in last-effort discussions to avoid a court clash over the ownership of millions of dollars’ worth of designer stock, according to reports, as the US department store group restructures under Chapter 11 and pushes ahead with store closures.

Quiz confirms further in-store discounting

Administrators from Interpath have confirmed increased discounting at collapsed womenswear retailer Quiz.

Read more via the link.

#quiz #quizclothing #fashionretail

Asos loyalty boss exits

Asos head of loyalty and customer engagement Macy Hong has departed after more than three years at the online fashion retailer.

#Asos #fashionretailpeoplemoves #peoplemoves #customerengagement #customerloyalty #Drapers30Under30

Asos, Footasylum, Loewe: this week's fashion retail people moves

For all the latest fashion retail people moves bookmark this page
Find your perfect fashion role at Drapers Jobs
Click on the headlines below for more

This week: #Asos Footasylum Loewe

Lululemon steps up London presence with High Street Kensington store opening

Insider preview: Fitnesswear label Lululemon will open the doors to its High Street Kensington store today (13 February). Senior vice-president of EMEA Sarah Clark gives Drapers a first look around the space.

#Lululemon #storeopenings #firstlook #athleisure #KensingtonHighStreet

Hermès profits climb

Recurring operating profit at Hermès rose 7% year on year to €6.6bn (£5.7bn) for the 12 months to 31 December 2025.

#Hermès #luxuryfashion #VeroniqueNichanian #GraceWalesBonner #LVMH

Shoppers return to retail parks in January

Total UK footfall decreased by 0.6% year on year in January, reflecting an improvement on the 2.9% decline recorded in December, the BRC-Sensormatic Footfall Monitor shows.

#footfall #fashionretailnews #retailnews #peaktrading #retailparks #BRC #BritishRetailConsortium

Henri-Lloyd appoints former Rapha marketing exec

Manchester-based sailing clothing brand Henri-Lloyd has appointed former Rapha marketing chief Tom McMullen to the role of chief marketing officer.

#HenriLloyd #Rapha #fashionretailpeoplemoves #peoplemoves #sailingclothing

New Look loyalty programme surpasses 1m members

New Look loyalty programme, Club New Look, has surpassed 1 million members following its nationwide launch in October last year, Drapers can reveal.

See the details here.

#fashion #fashionnews #retail #retailnews #newlook #loyalty

M&S names David Gandy as first face of Jaeger menswear

Marks and Spencer has appointed supermodel David Gandy as the first-ever face of Jaeger menswear, marking a significant new chapter for the premium British heritage brand.

See the details here.

#fashion #fashionnews #retail #retailnews #menswear

UK economy inches up in final quarter of 2025

The latest data from the Office for National Statistics shows that UK GDP (gross domestic product) grew by 0.1% in the three months to December 2025, the same rate as the previous three months.

Read more here.

#fashion #fashionnews #retail #retailnews

More than 180 Al Fayed victims 'engaged' in Harrods compensation scheme

More than 180 victims of abuse by the late former Harrods owner Mohammed Al Fayed are currently "engaged" in Harrods' compensation scheme.

Read more here.

#fashion #fashionnews #retail #retailnews #Harrods

Founder's diary: Stripe & Stare's Katie Lopes

Stripe & Stare founder Katie Lopes lays bare the path to its first brick-and-mortar pop-up, and what's next for the comfort-led underwear brand.

Read more via the link.

#stripeandstare #femalefounders #fashionnews