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Clothing & Shoes
Superdry swings to £42m loss in full-year results
Superdry announced it has swung to a pre-tax loss of £41.8m in the full-year ended 25 April, 2020, with underlying…
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Coronavirus
UK retail sales rise for fourth consecutive month
August saw retail sales volumes increase by 0.8% when compared with July, marking the fourth consecutive month of growth. According…
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Department Stores
Next raises forecast amid ‘resilient’ performance
Next has announced that full price sales were down by 33% in the first half of the year, following the…
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Coronavirus
Keir Starmer backs Usdaw’s call for government support
Retail trade union Usdaw has welcomed Keir Starmer’s backing for targeted government support to help save jobs and businesses in…
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High Street
Creditors approve New Look CVA
New Look has announced that a CVA proposal launched last month has been approved by the majority of its unsecured…
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High Street
New Look landlords to reject CVA
New Look’s biggest landlords have reportedly rejected the retailer’s CVA plan in a move that will “throw its survival into…
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Coronavirus
Insolvent companies cost taxpayers £250m
Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers…
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High Street
Arcadia Group ‘extremely sorry’ amid notice pay U-turn
Arcadia Group has agreed to pay the full salaries of head office staff facing redundancy, after backtracking on its initial…
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Coronavirus
Businesses hit by local lockdowns to receive grants
Businesses in England that are required to shut due to local lockdowns will now be able to claim up to…
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Online & Digital
Online sales soar at Dunelm
Dunelm pre-tax profit fell by 13.3% to £109m in the full-year ended 27 June 2020, while total sales were down…
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