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Tag : retail news

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  • topshop

    Arcadia furloughs head office staff Subscription

    News2 April 2020

    Arcadia Group has furloughed nearly all head office employees across the group, and the board and senior leadership team will take a salary reduction of between 25%-50% amid the coronavirus crisis. 

  • Coronavirus passenger

    British manufacturers unite to help frontline workers Subscription

    News2 April 2020

    British fashion manufacturers and designers have come together to produce masks and personal protective clothing (PPE) for frontline staff during the Covid-19 coronavirus. 

  • dre spotlight on sustainability index ventile retailer insight

    Comment: The compelling case for slow fashionSubscription

    Comment2 April 2020

    Daniel Odermatt, senior product and marketing manager at Swiss textile company Ventile Fabrics, discusses the rise in “well-made” and performance-driven clothing materials. 

  • rishi sunak getty images

    Chancellor to overhaul SME aid scheme Subscription

    News2 April 2020

    Chancellor Rishi Sunak is reportedly preparing to overhaul the emergency aid scheme for small and medium-sized businesses (SMEs), to help prevent a deluge of coronavirus-related insolvencies. 

  • taunton high street

    Almost 50% of firms to furlough staff next weekSubscription

    News2 April 2020

    Nearly half of all UK businesses (44%) will furlough at least half of their workforce over the next week, The British Chambers of Commerce (BCC) have warned. 

  • dre spotlight on sustainability index main

    Drapers launches sustainability newsletter Subscription

    News2 April 2020

    Today Drapers is launching its new fortnightly Spotlight on Sustainability newsletter, which aims to help fashion brands, retailers and suppliers to navigate their way to a cleaner, greener future. 

  • jd sports

    JD Sports withholds rent and service chargesSubscription

    News2 April 2020

    JD Sports has withheld rent and service charges for the quarter, amid warnings that the coronavirus crisis will have a “significant impact” on its outlook.

  • anthropologie tunbridge wells 6

    Anthropologie owner enters cash-preserving modeSubscription

    News1 April 2020

    URBN, which operates Anthropologie and Urban Outfitters, is taking additional measures to protect its financial position amid the Covid-19 outbreak, including borrowing $220m (£177m) to help protect its cash reserves. 

  • Debenhams 009

    Debenhams defers concession paymentsSubscription

    News31 March 2020

    Debenhams is deferring all historic concession balances for 30 days, in a bid to mitigate the government’s “mandated” shut down of its store estate. 

  • Warehouse spring 20 (4)

    Oasis and Warehouse Group delays supplier payments Subscription

    News31 March 2020

    The Oasis and Warehouse Group has informed suppliers that it will be delaying payment terms, in an attempt to protect the business during the coronavirus outbreak.

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