Tag : Coronavirus
Fashion retailers will take a cautious approach to discounting when they reopen stores in England from 15 June, despite the desperate need to clear stock left unsold during lockdown.
Comment: Green shoots for UK textiles post-Covid-19 Subscription
David Gallimore, managing director of Bradford-based textile manufacturer Luxury Fabrics, explains how manufacturing is getting back on its feet amid the coronavirus pandemic.
Retail prices in May suffered their biggest monthly drop since 2006, new data from the British Retail Consortium (BRC) shows.
Keeping well: add-on buys to look forSubscription
The Covid-19 pandemic has led to increased consumer interest in wellness. These mood-boosting pieces could prove beneficial add-on buys for fashion retail.
Industry welcomes part-time furlough optionsSubscription
Fashion bosses have welcomed the option to ease staff back to work part time under the extended Coronavirus Job Retention Scheme (CJRS), as they manage a phased return of store operations.
The mixed messages around when and how stores can reopen have at best caused a collective headache among fashion retailers, and at worst cost hundreds of thousands of pounds in lost trade, exacerbated the problem of what to do with mountains of unsold stock, and could lead to further job losses.
Hunter secures £16.5m funding Subscription
Wellington boot brand Hunter has secured a fresh £16.5m cash injection to support future growth and help see it through the coronavirus pandemic.
The £75,000 cost of reopening a storeSubscription
“Covid security” will require heavy investment, and retailers will still have to battle reduced footfall and consumer confidence if they reopen on 15 June.
Reiss unveils phased reopening plan Subscription
Reiss has become the latest high street name to announce a phased reopening of stores in England from 15 June.
M&S reveals reopening plansSubscription
Marks & Spencer has outlined its plans to keep customers safe when the majority of its clothing space is given the green light to reopen on 15 June.