Isabella Fish is a reporter at Drapers, covering womenswear and finance across the magazine and website. She joined the Drapers team in 2019, having previously worked at the Daily Mail as a news reporter.
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Asos ends fixed-term contracts earlySubscription
Etalier Asos has informed almost all employees on fixed-term contracts that it will be ending their agreements early, as a result of the coronavirus outbreak.
Next HQ and warehouses up for saleSubscription
Next is seeking buyers for its headquarters and three warehouses as part of a mitigation strategy to shore up its balance sheet against the effects of a fall in trade.
Chancellor to overhaul SME aid scheme Subscription
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.
Almost 50% of firms to furlough staff next weekSubscription
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.
Drapers launches sustainability newsletter Subscription
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 withholds rent and service chargesSubscription
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.
The fashion industry wants greater clarity from the government on a host of issues surrounding the coronavirus epidemic, Drapers research has found.
M&S offers frontline staff 15% extra paySubscription
Marks & Spencer has offered its frontline team “an additional 15% additional pay reward”, and confirmed furloughed colleagues will receive full pay to protect them financially from the coronavirus outbreak.
Anthropologie owner enters cash-preserving modeSubscription
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 defers concession paymentsSubscription
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.