Covid-19

Topps Tiles reports losses of £4m in half-year results

Topps Tiles has reported pre-tax losses of £4m for the half-year period ended 28 March, down from the profits of…

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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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Boohoo secures £200m through share placing

Boohoo confirmed it has successfully raised almost £200m in funding following the placing of 58 million shares.  The online retailer…

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Online retail sales soar to 10-year high amid Covid-19 crisis

Online sales growth surged to a 10-year high in April, up 23.8% year-on-year, amid the ongoing Covid-19 pandemic. That’s according…

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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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WH Smith sales plunge 85% amid lockdown

WH Smith has revealed that group total revenue plunged 85% in April in light of the ongoing pandemic. Following the…

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UK economy shrinks by 2% as pandemic takes its toll

The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19…

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