Coronavirus

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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British Land sees over £1bn wiped off its property value

British land has seen over £1bn wiped off the value of its portfolio which it has attributed to a shift…

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Crew Clothing owner abandons attempt to back out of Moss Bros takeover

Brigadier Acquisition, a vehicle set up by the owner of Crew Clothing, has abandoned its attempt at backing out of…

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Burberry senior independent director departs due to ‘other executive commitments’

Burberry has announced that Jeremy Darroch, independent non-executive director and senior independent director, has informed the company that he will…

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3 Ways UK’s Retail Industry Will Change With COVID-19 – What to Know

With the COVID-19 pandemic making its apparent impact on the operations of British businesses every day, many business owners are…

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Consumer confidence drops further in May

GfK’s long-running Consumer Confidence Index has decreased by one point to -34 for May, as the Covid-19 pandemic continues. The…

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Retail sees record slump in April

Retail sales slumped by a record 18.1% in April, according to the latest data from the Office of National Statistics…

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Burberry sales fall 27% amid Covid-19 pandemic

Luxury fashion retailer Burberry has reported a 27% decrease in like-for-like sales in its fourth quarter results, attributing the loss…

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Dealing with true demand today to help customers for the coming months

With the COVID-19 novel coronavirus on the rise worldwide, retailers are being forced to rethink their supply strategies on the…

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Johnsons Shoes Company enters administration

Johnsons Shoes Company, which operates 12 stores under the brands Johnsons Shoes and Bowleys Fine Shoes, has entered administration due…

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