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Comment
Secondary market represents the key to survival during a crisis
As the Coronavirus outbreak lead to the forced closure of non-essential businesses across the nation, apparel retailers seem to have…
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Clothing & Shoes
N Brown secures new funding as sales drop 25% since lockdown
Jacamo, JD Williams and Simply Be owner N Brown has revealed it has secured a new £50m funding facility as…
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Clothing & Shoes
VF Corp sees FY revenues jump 2% but warns Q1 earnings may halve
VF Corporation, the owner of brands such as Vans, The North Face and Timberland, has reported a 2% increase in…
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Coronavirus
Poundland to reopen 36 stores across the UK
Discount chain Poundland has revealed it is set to open 36 stores across the UK next week as it begins…
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Supermarkets
Tesco Boss Dave Lewis handed £6.42m pay package
Tesco chief executive Dave Lewis has been given a £6.42m pay package, including £4.8m in bonuses. Lewis, who is set…
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Clothing & Shoes
SCP acquires TM Lewin from Bain Capital
Private equity firm SCP has acquired Men’s retailer TM Lewin from Bain Capital for an undisclosed sum. TM Lewin currently…
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Comment
Three ways supermarket behaviour has changed after seven weeks of lockdown
While the beginning of lockdown was marked by empty shelves, panic-buying and a lack of delivery slots – have we…
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Coronavirus
Chancellor extends furlough scheme until October
Chancellor of the Exchequer Rishi Sunak has extended the Government’s furlough scheme until the end of October. Announcing the decision…
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Comment
The impact of extended returns policies for retailers and customers
Many retailers have announced that they will be extending their returns policies to help customers adapt to the current situation.…
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DIY
Kingfisher sales drop 25% in Q1 results
B&Q and Screwfix owner B&Q has revealed its first quarter sales fell by 24.8% to £2.2bn as the impact of…
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