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Coronavirus

Coronavirus: UK retailers launch action plan to win back Chinese visitors

Retailers have this morning launched a battle plan to tackle the impact of coronavirus on the sector, as a sharp drop in Chinese visitors...
Beales

Beales auditor faces scrutiny after collapse of department store chain

The firm responsible for auditing Beales department store’s financial accounts is expected to face scrutiny after it emerged that the retailer collapsed just over...
Retail CVAs

Retail CVAs decline as landlords push back against plans

The number of retailers using company voluntary arrangements (CVAs) to rescue their businesses slumped last year due to backlash from landlords, as administrations spiked...
Retailers BRC

UK shoppers call for carbon footprint data

More than 70 per cent of UK consumers want businesses to share data regarding the carbon footprint created in the making of their products...
Orla Kiely

Orla Kiely collapse “sparked by US expansion”

The collapse of fashion brand Orla Kiely was sparked by the retailer’s attempt to expand in the US, according to the latest administrators report. Kiely...
Zara

Zara distances itself from Hong Kong protest controversy

Spanish fashion retailer Zara came out in support of China’s sovereignty over Hong Kong as it sought to distance itself from controversy over pro-democracy...
Adidas

Adidas pledges to fix supply issues after missing sales forecast

Sportswear giant Adidas promised to fix supply shortages in North America it missed sales and profit expectations in the second quarter. Sales were up four...
Jack Wills

Jack Wills stores at risk as Sports Direct kicks off landlord...

Sports Direct has begun to negotiate with landlords over rent cuts at Jack Wills stores, which could see some branches marked for closure by...
Polo Ralph Lauren

Ralph Lauren revenue rises after social media marketing boost

Ralph Lauren today posted a modest rise in revenue in the first quarter, after bumper marketing campaigns helped drive trading among younger shoppers. The luxury...
ASOS

Has ASOS just issued its third and final profits warning?

With ongoing operational issues aplenty, investor confidence hinges on a belief in stock market adages. Warehouse troubles drove ASOS to a third profits warning in less...
BRC UK retail sales

UK retail industry battles “toughest ever” trading conditions

The health of the UK retail industry is on the brink of falling to record lows as shops battle some of the “toughest trading...
ASOS

Asos profit warning: Three factors behind online retailer’s fall from grace

Shares in fast fashion retailer Asos plummeted this morning as the online marketplace warned that profits will be lower than expected this year. The company...