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Fashion wholesale agencies and distributors across the UK have asked Drapers whether they are eligible to access any Covid-19 business rates relief and grant schemes. Find out the answer here.
Chancellor Rishi Sunak has extended the government’s Job Retention Scheme for a further four months, and the same amount of salary support will be available for employees.
Independent retailers have cautiously welcomed the government’s new ”bounce back” loan scheme, but have raised concerns over taking on new debt.
The British Footwear Association (BFA) is calling on the government to introduce a six-month rent-free period, so retailers can continue to pay their suppliers through the coronavirus crisis.
The British Retail Consortium (BRC) has published guidance to support the reopening of stores, including social-distancing and hygiene measures.
Questions have been raised as to what retailers should do with items returned from sales online, in order to prevent the spread of the coronavirus. Find out the answer here.
The retail industry has called on the chancellor for support in underwriting rents that are becoming “unpayable” as a result of retailers having little or no turnover during the government lockdown.
The government has announced that it will extend its coronavirus support to pay 80% of furloughed workers wages until the end of June to reflect its prolonged social distancing measures.
Retail faces an unprecedented period of change because of the global impact of Covid-19. Drapers asks if the crisis could be a disastrous distraction from fashion’s focus on sustainability or whether it may help trigger wide-scale change.
Several UK suppliers and manufacturers have asked why the government is not allowing them to provide scrubs and robes for the NHS amid the coronavirus crisis. Find out the answer here.
Several independent businesses have asked whether they’re entitled to apply for the £25,000 Covid-19 grant if their rateable value is above the £51,000 threshold. Find out the answer here.
Councils across the UK, including Sunderland, Devon and Cornwall, have this week started making grant payments to eligible businesses and organisations amid the coronavirus.
Chancellor Rishi Sunak has announced changes to proposed government assistance measures, after the initial plans were criticised for failing to cover enough businesses.
Retail Trust, the British Retail Consortium (BRC) and Retail Week and World Retail Congress (RWRC) and have joined forces in a bid to raise £10m for retail colleagues who are facing financial distress as a result of the Covid-19 pandemic.
Campaign group Save The High Street has launched a 12-week Covid-19 support programme, designed to help local businesses survive the ongoing health and economic crisis.
The government has announced new insolvency measures to protect businesses and “help them emerge intact” from the coronavirus crisis.
The British Fashion Council has announced £1m in support to help fashion businesses survive the Covid-19 coronavirus outbreak.
Brian Burke, a director at business advisory firm Quantuma, which oversaw Select Fashion’s administration process last year, says the new Corporate Insolvency and Governance Bill will help protect some retail businesses. However, he predicts CVAs “will form a large part of the future retail landscape”.
Drapers analyses why UK retailers are choosing to wind down their Irish arms, and the impact it is having on the country’s retail scene.
Matteo Sinigaglia is CEO of denim label Replay. Born in Padua, northern Italy, and now based in Treviso, he talks to Drapers about how Italy is lifting lockdown and what British retail bosses can learn from their counterparts in Europe.
Drapers analyses how shopping habits will change after the coronavirus crisis.
The spring/summer season as we know it has been cancelled. Brands and retailers reveal the impact on their businesses, and how they are planning for autumn.
Jane Shepherdson, former Whistles CEO and chair of rental fashion platform My Wardrobe HQ, believes that even after the Covid-19 pandemic has passed, sustainability will be a permanent feature of fashion.
Over the past few weeks, the Drapers team has been speaking to wholesale brands, agents, independent retailers and multiples about how they will tackle the autumn/winter season as we come out of lockdown – including plans to discount unsold stock.
Demon Zhang, founder and chief designer of Chinese womenswear brand Mithridate, which shows at London Fashion Week, tells Drapers how the business coped with the Covid-19 outbreak and how it is getting back to work.
British Retail Consortium chief executive Helen Dickinson is fighting for a retail sector ravaged by the coronavirus crisis at the highest levels of government.
There have been calls to realign the fashion production cycle more closely with selling seasons for years. Coronavirus may now be forcing it to happen.
Scott Joseph, founder of vegan, gender-neutral accessories brand Fashion Without a Face, discusses how he launched his sustainable Manchester-based business in the middle of the coronavirus crisis.
Contemporary womenswear brands are adapting quickly in the face of a cancelled spring and summer social season.