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Will Asos CEO's turnaround plan work?

Earlier this week (19 October), Asos reported a loss of £9.8m for the year to 31 August, down from an operating profit of £190.1m in 2021. Revenues

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Who are the power players of fashion retail today?

Covid-19 has paved the way for multichannel fashion retail conglomerates to snap up struggling businesses, allowing them to fill any gaps in their

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Asos COO: 'I ruled myself out for the top job'

Following on from the etailer's trading update this morning, Asos COO Mat Dunn confirmed that a search is still under way for a replacement CEO, after

United-kingdom , London , City-of , Asos-christmas , Nick-beighton , London-stock-exchange , Arcadia-group-topshop , Topshop , Arcadia-group , Miss-selfridge ,

2021: the highs and lows for fashion retail

For businesses and consumers alike, 2021 dawned under the ongoing shadow of Covid-19. As business leaders have continued to point out, the pandemic

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Why brands are flirting with opposite genders

Why brands are flirting with opposite genders
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Shops, bars and restaurants that have closed in Merseyside so far this year

Shops, bars and restaurants that have closed in Merseyside so far this year
liverpoolecho.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from liverpoolecho.co.uk Daily Mail and Mail on Sunday newspapers.

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Deadline approaches for Arcadia brand sale

Advisory firm Hilco Valuation Services is marketing the sale of Arcadia’s intellectual property assets, including the Arcadia brand, which has been in use

Dorothy-perkins , Robert-scott-fishman , Matthew-david-smith , Boohoo-group , Arcadia-group-topshop , Deloitte , Arcadia-group-burton , Arcadia-group , Hilco-valuation-services , Outfit-kids , Daniel-francis-butters , Miss-selfridge

Asos eyes Cult Beauty and Feelunique


Asos eyes Cult Beauty and Feelunique
Digital Edition: Asos eyes Cult Beauty and Feelunique
Asos is reportedly exploring potential bids for two online beauty platforms, as the etailer looks to broaden its product range beyond clothing.
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Exclusive research: The UK's shop opening hotspots


Central London has been named as the location with the highest amount of new fashion retail store openings between April 2020 and April 2021, exclusive research compiled for Drapers by Local Data Company shows. Recent store openings in central London include Ralph Lauren's flagship store, and Browns which opened in April. Versace, opened its London flagship store in December.
Telford Shopping Centre and McArthurGlen's Cheshire Oaks Designer Outlet, which opened on 12 April, came in second and third place respectively in a list of the 16 UK locations with the highest new fashion chain store openings. The data does not include the exact number of stores that have opened across the 12-month period.

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Exclusive research: The high streets most at risk


Exclusive research: The high streets most at risk
Local Data Company shows which locations will be worst hit by the closures of John Lewis, Debenhams and Arcadia Group stores.
Out of the eight locations, Aberdeen and York have had the highest number of high-profile store closures between March 2018 and March 2021, exclusive research compiled for Drapers by Local Data Company shows. Both cities witnessed 17 “high-profile” retail closures each during the two-year period. Of the 17, nine were clothing retailers or department stores, including Debenhams, Topshop, Oasis, Cath Kidston, Dorothy Perkins, Monsoon, Warehouse and TM Lewin (see other affected store locations below).
“The closures of John Lewis, coupled with the Debenhams and Arcadia closures, means there’s less critical mass of retailers in city centres, which means there’s less reasons to go shopping in city centres, and more reasons to shop locally,” the CEO of a high street multiple said.

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