Tag : suppliers
Suppliers split on Arcadia strategySubscription
Although Arcadia Group suppliers agree that yesterday’s approval of its company voluntary arrangement (CVA) was a “fantastic” result, they are divided over whether product or property is the cause of the retailer’s woes.
Suppliers squeezed as high street hits new lowSubscription
UK suppliers and brands are facing a “nightmare” as they struggle to secure credit insurance with an increasing number of retailers amid turbulent trading conditions.
Several Debenhams suppliers have warned the retailer’s proposal to close 22 of its stores will have “significant implications” for them as they rely on the department store for volume orders.
Chinese textiles giants forge Africa tie-upSubscription
Textile giants Fung Group and Ruyi Group have announced a strategic partnership with a specific focus on the African market.
LK Bennett creditors 'left in the dark' Subscription
Creditors of LK Bennett have been left unsure as to whether they will receive any money owed to them after the retailer went into administration last week.
Retailers and suppliers have said price rises are likely in the event of a no-deal Brexit, as uncertainty about the UK’s trading relationships with the European Union and the rest of the world continued this week.
Theresa May to consult businesses in Brexit 'Plan B' Subscription
Prime minister Theresa May announced that she will engage with businesses during the next phase of Brexit negotiations, as she unveiled her “Plan B” to MPs today.
MPs support the idea of fines for businesses that repeatedly fail to pay suppliers within 30 days, but is this realistic, or even wanted, for fashion retailers and suppliers in the current trading climate? Drapers finds out
Industry despair at Brexit 'mess'Subscription
The retail industry has called for certainty after prime minister Theresa May’s proposed Brexit deal was overwhelmingly rejected by parliament last night.
MPs back fines for late payments to suppliersSubscription
MPs have backed calls to fine businesses that repeatedly fail to pay suppliers within 30 days.