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

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

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, 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

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

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

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

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.

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.

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

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.

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'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

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

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.

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.

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 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.

Administrators from Interpath have confirmed increased discounting at collapsed womenswear retailer Quiz. Read more via the link. #quiz #quizclothing #fashionretail

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

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

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

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

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

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, 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

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

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 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

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

Asda has called on the government to reconsider plans to defund leadership and management apprenticeships, warning the move could block progression routes in retail and undermine long-term careers on the shop floor. #fashion #apprenticeships #retail #fashionnews

Womenswear brand Maksu has opened its second London store on King’s Road as it seeks to strengthen its presence in the capital. #fashion #retail #fashionnews

Womenswear independents flocked to the autumn/winter 26 edition of Scoop, which is taking place on 8-10 February at Olympia National, west London. Drapers reports from the aisles. #fashion #retail #fashionnews #tradeshows

Ellie Rogers, senior associate solicitor specialising in employment law at Constantine Law, tells UK retailers how they can prepare for the recently passed Employment Rights Act 2025. #fashion #retail #fashionnews #employmentrights

Why are luxury brands and retailers such as Burberry and Mytheresa owner LuxExperience starting to bounce back in the face of obstacles ranging from the loss of VAT-free shopping to US tariffs, while rivals such as Gucci owner Kering continue to struggle? #fashion #retail #fashionnews #luxury

Mytheresa parent company LuxExperience has returned to top-line sales growth for the first time since it acquired YNAP (Yoox Net-A-Porter) in April 2025. Read more via the link. #luxexperience #mytheresa #ynap #fashionnews

Ellie Rogers, senior associate solicitor specialising in employment law at Constantine Law, tells UK retailers how they can prepare for the recently passed Employment Rights Act 2025. Read more via the link. #employmentrightsact #ERA #fashionretail

Operating profit at Kering was down 33% year on year to €1.6bn (£1.39bn) in 2025, as the business continues struggle under the weight of flagship label Gucci. Read more below #fashion #luxury #gucci

UK retailers celebrated a 2.7% year-on-year increase in sales in January following a "drab" December, according to the BRC-KPMG Sales Monitor. Read more below #fashion #retail #sales #discounting

B Corp is overhauling its certification framework in an attempt to strengthen credibility and address growing scrutiny. Read more below #fashion #retail #brands #sustainablefashion

Indx National Menswear Show (1-3 February) presented a series of debuts and relaunches for the autumn/winter 26 season. Drapers highlights the brands to know now. #fashion #retail #fashionnews

Loewe has appointed Thierry Conrad Reutenauer to the role of chief marketing officer, effective immediately. Read more via the link. #loewe #lvmh #peoplemoves #fashionnews

From the Levi's Stadium to Bad Bunny's Zara looks, Super Bowl 2026 has been hailed as fashion's most significant yet. Drapers examines the impact of brand tie-ups with the most watched television event of the year. Read more via the link. #superbowl2026 #superbowllx #badbunny #fashionnews

Luxe fabrics and sumptuous textures drive our exclusive autumn/winter 26 buying guide. See must-have product from brands including Dea Kudibal, Samsøe Samsøe, Marc Cain and many more – plus, wholesale contacts. See our edit here. #fashion #fashionnews #womenswear #editorial #fashionshoot

Sportswear brand Under Armour reported an operating loss of $150m (£110m) during the 12 weeks to 31 December 2025, the third quarter of its 2026 fiscal year. Read more here. #fashion #fashionnews #retail #retailnews #UnderArmour

Profit rose at Scottish womenswear etailer Oh Polly for the year to 30 April 2025, despite a dip in revenue. Details here. #fashion #fashionnews #retail #retailnews #OhPolly

Bradford-based online retailer #Freemans has reported strong Christmas trading, defying a wider slowdown in UK retail sales as it delivered growth across home, fashion and customer acquisition.

EXCLUSIVE: #DrMartens is restructuring parts of its Europe, Middle East and Africa (EMEA) business as it looks to simplify its operating model and shift to a more consumer-first approach, with redundancies expected, Drapers can reveal.

Womenswear retailer Quiz entered administration for the third time yesterday (5 February). Drapers examines its downfall. Read more via the link. #quiz #quizclothing #fashionretail #retailnews

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