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April’s business rates rise – which will create an additional £470m of annual costs for an already stretched retail sector – has prompted renewed calls for a fairer system. Drapers reports on the implications and asks how retailers are responding. April’s business rates rise – which will create an additional £470m of annual costs for an already stretched retail sector – has prompted renewed calls for a fairer system. Drapers reports on the implications and asks how retailers are responding.
Luxury and premium fashion retailers were expected to remain resilient against economic headwinds after thriving during the pandemic. But 2024 has brought serious challenges for the sector – especially for those operating predominantly online.
The second episode in the latest series of the Drapers Talks podcast features leaders from M&S, Boden, Hirestreet and bike courier delivery provider Zedify, discussing how to communicate sustainability strategies internally – across businesses and supply chains.
Chief new business development officer of newly relaunched US denim brand Guess Jeans, Nicolai Marciano, tells Drapers about going back to his father's roots whilst looking to the future with technology driven, sustainability focused denim.