Drapers Frasers Group to cut jobs at Studio Retail warehouse Frasers Group has launched redundancy consultation with over 160 warehouse staff at Studio Retail's Accrington site in Lancashire due to a lack of sales, Drapers understands.The post Frasers Group to cut jobs at Studio Retail warehouse appeared first on Drapers.

Drapers Lounge Underwear sales up as profits fall Lounge Underwear has reported a 6% year on year increase in sales and a 33% decline in profit before tax for the 12 months to 30 June 2023, as a result of its investment into store expansion.The post Lounge Underwear sales up as profits fall appeared first on Drapers.

Drapers Will Rishi Sunak and Keir Starmer endorsement impact Adidas? Prime minister Rushi Sunak and leader of the opposition Keir Starmer were both spotted wearing Adidas trainers in April. As the brand reports a profit surge, Drapers explores if future sales could be impacted by unlikely fans.The post Will Rishi Sunak and Keir Starmer endorsement...

Drapers Independents cross fingers for a positive May bank holiday Drapers speaks to independent retailers across the UK about how prolonged cold weather has affected trade this year and what their expectations are for the May bank holiday and beyond.The post Independents cross fingers for a positive May bank holiday appeared first on Drapers.

Drapers First look: Russell & Bromley opens concept store in Hampstead Footwear and accessories retailer Russell & Bromley has opened a new concept store in Hampstead, London, the first of a series to be rolled out to London neighbourhood locations.The post First look: Russell & Bromley opens concept store in Hampstead appeared first...

Drapers Mango to open 20 UK stores in 2024 Spanish fashion retailer Mango is planning to open four stores in London, as well as branches in Glasgow and Edinburgh as it continues its UK expansion.The post Mango to open 20 UK stores in 2024 appeared first on Drapers.