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Clothing & Shoes
Gap sales nosedive by 43% in first quarter
Gap Inc. sales plunged 43% year-on-year in the first quarter of 2020, largely driven by store closures across its estate. …
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Clothing & Shoes
LVMH retreats from Tiffany takeover
Luxury powerhouse LVMH has announced that it will no longer go ahead with its proposed takeover of Tiffany & Co…
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Coronavirus
Biggest decline in shop prices since 2006
May shop prices tumbled at the fastest rate of decline since 2006, falling by 2.4% against a 1.7% decrease in…
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Coronavirus
Card Factory profits slide in full-year results
Card Factory has revealed that its underlying profit before tax fell 11.8% to £67.2m for the year ended 31 January…
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Clothing & Shoes
Primark outlines 15 June reopening
Primark has detailed its plans to reopen its UK estate, following the recent government announcement that non-essential retail may resume…
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Tips
How fashion retailers can offset losses amid the pandemic
Fashion retailers are among the most affected businesses during the coronavirus outbreak. Because the pandemic restricts outside movement significantly and…
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Coronavirus
B&M sales surge amid lockdown
B&M has revealed it enjoyed a “strong” end to its fourth quarter trading, with like-for-like revenues up 6.6% in the…
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Clothing & Shoes
Boohoo buys out Pretty Little Thing
Boohoo has announced the acquisition of the remaining 34% of shares in Pretty Little Thing (PLT) from minority shareholders, in…
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High Street
Bank Holiday footfall surges 50% as lockdown eased
High street footfall surged 49% over bank holiday Monday against Easter Monday, according to the latest figures from Springboard. Footfall…
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ScS resumes operations amid Covid-19 lockdown
ScS has announced the reopening of 80 stores across England, after temporarily closing operations on 23 March in line with…
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