Coronavirus

Asda sees Q1 sales rise 3.5%

Big four grocer Asda has reported a 3.5% like-for-like sales rise during the first quarter of the year following a…

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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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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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Nike warns on subdued Q4 results amid Covid-19 lockdown

Sport fashion retailer Nike has warned this its fourth quarter sales will be impacted by the Covid-19 lockdown. Since mid-March,…

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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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Central England Co-op reports rise in ‘violent’ threats to staff during lockdown

Central England Co-op has reported a rise in “violent” offences being carried out against its staff amid the Covid-19 pandemic.…

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Transparency in fashion – What it is and whether it’ll survive the Covid-19 pandemic

With the Coronavirus (COVID-19) pandemic keeping shoppers at home, clothing sales are plummeting faster than ever before. How the fashion…

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Watches of Switzerland reports 5.9% increase in revenues in Q1 results

Watches of Switzerland has reported a 5.9% increase in group revenues to £819.3m in the year to 26 April, ahead…

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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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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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