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Online returns to hit £5.6bnSubscription
The value of online returns is to jump 27.3% over the next five years to £5.6bn, fuelled by clothing and footwear, new research has found.
Moda Operandi appoints new buying boss Subscription
Luxury online retailer Moda Operandi has appointed Puja Clarke as senior vice-president of fashion buying and ecommerce.
Hobbs chief executive Meg Lustman is stepping down from her role in January, Drapers can exclusively reveal.
Debenhams rejects £40m loan from Mike Ashley Subscription
Debenhams has rejected a £40m loan offered by Sports Direct owner Mike Ashley to help the struggling department store.
Bonmarché warns on profitsSubscription
Bonmarché has issued a profit warning for the full year citing “extremely poor” Black Friday Sales and ongoing Brexit uncertainty.
Sales edge up at Sports Direct Subscription
Group revenue at Sports Direct edged up 0.2% year on year for the 26 weeks to 28 October, despite the “struggles of the high street”.
Farfetch buys sneaker marketplace Stadium GoodsSubscription
Luxury etailer Farfetch has bought sneaker and streetwear marketplace Stadium Goods for $250m (£198m).
Quiz upsizes Glasgow storeSubscription
Quiz has relocated its store in retail park Glasgow Fort store to a bigger unit.
Former Sainsbury’s CEO Justin King to join M&SSubscription
Justin King, the former boss of Sainsbury’s, will join Marks & Spencer as non-executive director from 1 January.
Yoox launches AI stylistSubscription
Yoox has launched an artificial intelligence-powered stylist that allows shoppers to mix and match products and share looks on social media.