Katie Ross

Prada Group has posted "positive" results in the first quarter ended 31 March 2026, as demand for Miu Miu slows and the Middle East conflict drags on sales.

Operating profit at Puma was up 19.6% year on year to €51.9m (£44.9m) in 12 weeks 30 April 2026, despite a 1% dip in sales to €1.86bn (£1.61bn) on an adjusted currency basis.

Charles Tyrwhitt has opened a 2,278 sq ft flagship in Chicago.

Operating profit at Armani Group improved 2% year on year to €52.6m (£45.6m) in 2025, in the luxury business' first full-year results since the death of founder Giorgio Armani in September.

Next CEO and Conservative peer Lord Simon Wolfson blamed the Labour government's Employment Rights Act for stunting economic growth, while speaking at the Centre for Policy Studies conference yesterday (27 April).

Goodhood director and co-founder Kyle Stewart told Drapers that the cult independent fashion and lifestyle retailer is in conversations for further stores beyond its flagship on east London's Hanbury Street.

Passenger was forced to abandon US expansion plans following president Donald Trump introducing global tariffs last year, CEO Jon Lane told delegates at Drapers Supply Chain Summit on 22 April.

Shoplifting offences in England and Wales increased 5% year on year to 519,381 offences for the year to September 2025, according to the Office for National Statistics (ONS) Crime report.

Sainsbury's has hailed "strong growth and market outperformance" in its Tu Clothing brand, with online sales up 20% year on year for the 52 weeks to 28 February 2026.

Asos cut its operating loss by half (52%) to £100.9m in the six months to 1 March 2026, despite a dip in revenue.

Delegates heard cost-cutting strategies from Tom Palombella, director of logistics operations at Matalan, Kirstie Di Stazio, chief commercial officer and co-founder of Albaray, and Simon Jones, UK sales executive at flexible fulfilment provider Exotec, at the Drapers Supply Chain Summit on 22 April.

Following today's (21 April) news that Primark owner Associated British Foods (ABF) will be separating the fashion retailer from its food business, retail analysts are in two camps over whether the move makes sense for the value fashion retailer.