Jill Geoghegan is head of content: news and features at Drapers
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The retail industry expressed a mix of emotions following the approval of House of Fraser’s company voluntary arrangement (CVA) today (22 June). Many suppliers breathed a sigh of relief, but some landlords are understood to be considering legal action against the department store chain.
House of Fraser CVA result revealed Subscription
House of Fraser creditors have approved the retailer’s company voluntary arrangement (CVA) proposals, filed on 6 June.
House of Fraser has axed four merchandising directors and placed a significant proportion of its buying and merchandising teams into consultation amid a shake-up of its brand strategy, Drapers understands.
Fiona Lambert to join River Island Subscription
River Island has appointed Fiona Lambert as managing director, new business development.
The British footwear industry has launched a new nationally accredited apprenticeship standard for the autumn.
The CEOs of Sainsbury’s and Asda have been accused of creating a “financial fix” and using “mickey mouse” numbers by MPs in a parliamentary hearing over the supermarkets’ merger.
Exclusive: Redundancies loom at Ralph LaurenSubscription
Ralph Lauren is to cut roles at its direct-to-consumer UK team, Drapers can reveal.
Marks & Spencer appoints head of kidswear buying Subscription
Marks & Spencer has appointed Cath Kidson’s Michelle Ojulah as its new head of kidswear buying.
Exclusive: Ted Baker womenswear director exits Subscription
Ted Baker’s womenswear director, Catherine Scorey, has left the business after 12 years, Drapers can reveal.
Marks & Spencer is launching a collection of wardrobe staples called The Foundation Edit for autumn 18, the first season under new clothing boss Jill McDonald.