Tag : Fashion news
Sainsbury's Tu clothing sales take 53% hit Subscription
Despite a 53% drop in clothing sales for the seven weeks to 25 April, Sainbury’s has announced its outlook for the year to March 201 is to be “broadly unchanged”.
Bondholders set sights on Intu shopping centresSubscription
Shopping centre owner Intu could lose some of its key retail assets as early as June, as bondholders draw up plans to seize control.
Westfield braces for tough second quarterSubscription
Property firm Unibail-Rodamco-Westfield (URW) has said the coronavirus pandemic only had a “limited effect” on revenue in the first three months of 2020, but warned the impact will be felt more deeply in the second quarter.
Coronavirus weighs on Adidas profits Subscription
Adidas Group has warned that its second quarter sales and profits will be heavily impacted by the global coronavirus lockdowns.
I Saw It First launches Captain Tom Moore T-shirts Subscription
Fast fashion etailer I Saw it First has today launched three exclusive T-shirts in honour of Captain Tom Moore’s 100th birthday, with 100% of profits going to the NHS.
Coronavirus: Coming out the other side Subscription
Erica Vilkauls, former CEO for womenswear retailers LK Bennett and East, discusses the importance of leadership and offers her predictions for the retail landscape post-coronavirus.
Most shoppers prefer store staff to robots Subscription
Almost three-quarters (72%) of UK shoppers said they would reconsider shopping in store if there were no retail staff available, new research has found.
Shop prices fall in April Subscription
Shop prices fell by a rate of 1.7% in April, compared with a 0.8% decrease in March, marking the highest rate of decline since January 2017.
Oasis and Warehouse Group CEO Hash Ladha exits Subscription
Oasis and Warehouse Group chief executive Hash Ladha has stepped down as part of the company’s administration process, Drapers can reveal.
Almost 40% of UK firms expect to cut staffSubscription
The number of job losses is set to rise considerably, as around 40% of UK firms expect to lay off staff over the next 12 months, a new survey has found.