Head of content: news and features Contact for news and features
- +44 (0)20 3953 2861
Sales at Reiss increased 4.6% to £172.2m for the year to 3 February 2018, but EBITDA fell 26% year on year to £14.2m, as it repositioned in a “transitional” year.
The Natural Shoe Store ceases tradingSubscription
Footwear retailer The Natural Shoe Store has closed after 40 years of trading, shuttering its two London stores and website.
British Footwear Association CEO to step down Subscription
The chief executive of the British Footwear Association, John Saunders, is stepping down from his role.
Amazon to open new Manchester officeSubscription
Amazon is to add 1,000 new research and development technology jobs across its offices in Edinburgh and Cambridge, as well as opening a new office in Manchester.
Credit insurers cut cover on Oasis and Warehouse Subscription
Credit insurers have cut cover to some Oasis and Warehouse suppliers, amid wider tough trading on the high street.
First look: Allbirds flies into London Subscription
US sustainable footwear brand Allbirds has opened its first European store, at 121-123 Long Acre, in London’s Covent Garden.
Retailers hit by £186m business rates hikeSubscription
A 2.4% increase in inflation will add an additional £186.45m to retailer’s business rates bill next April.
Profits jump at AsosSubscription
Asos has announced a 28% increase in profit before tax to £102m for the year to 31 August, despite investing heavily to support its future growth.
BRC calls for business rate action in BudgetSubscription
The British Retail Consortium (BRC) has urged chancellor Philip Hammond to address the “unsustainable burden” of business rates in his autumn Budget.
Exclusive: Missguided technology chief to exitSubscription
John Allen, chief technology officer at Missguided, is leaving the business to join womenswear etailer Nobody’s Child as chief executive, Drapers can reveal.