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TheIndustry.fashion

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Edinburgh Woollen Mill close to potential rescue deal

The owner of Edinburgh Woollen Mill is close to securing a deal which may rescue the brand after it crashed into administration last year. Philip...
Landsec Piccadilly Circus

Land Securities reveals just 65% of rents collected

One of the UK’s biggest commercial landlords has seen a slump in rent collections in the final three months of 2020 as tenants –...
Retail sales high street

Retailers suffer record sales slump in 2020 after stores forced to...

Retailers suffered their worst annual performance on record in 2020 as a Christmas uplift failed to stop sales for the year slumping lower, according...
Retail high streets Christmas shopping

British Land feels tier pinch as more than half of December...

British Land has managed to collect less than half of the rent it is due from the shops and other retail outlets that rent...
Jaeger Marks & Spencer

Marks & Spencer saves Jaeger from collapse but stores set to...

Marks & Spencer has bought upmarket fashion brand Jaeger following its collapse into administration last autumn. The high street giant is expected to buy the...
JD Sports

JD Sports says stores “likely” to be closed until Easter after...

JD Sports has said its UK stores are “likely” to be shut until at least Easter (which this year falls on 4 April) as...
ASOS Marketplace

Analysts anticipate strong festive trading from ASOS and Boohoo

Online fashion giants ASOS and Boohoo are expected to reveal further soaring sales growth as shoppers shifted towards their sites amid lockdown restrictions. The fast...
Brexit logistics

DPD pauses some parcel deliveries to EU amid Brexit complications

A major parcel courier has paused some delivery services into the EU – including Ireland – because of pressure caused by new post-Brexit red...
Retail footfall

Retail footfall in Scotland down by over half in December

Shopper footfall in Scotland fell by half in December 2020 in comparison with the previous year, latest figures reveal. The British Retail Consortium-ShopperTrak data shows...
Retail footfall

December retail footfall dragged down by tighter restrictions

Troubled UK high streets saw their woes continue in December as tightened coronavirus restrictions saw shopper numbers plummet against the same period last year,...
Debenhams

Debenhams shuts Irish website as UK retailers face EU tariff charges

Debenhams has become the latest retailer to shut online operations in Ireland after being impacted by new Brexit tariff rules, with dozens of other...
Retail sales

Next sees better-than-expected festive sales, but cautions over lockdown hit

Next has said festive sales were better than expected, but warned the trading boost will be “almost entirely” wiped out by the third English...
Retail lockdown

Business leaders call for more Government help amid despair over fresh...

Business leaders have reacted with despair to the fresh lockdown announced by Boris Johnson amid fears that companies may not last until the spring. Unions...
Debenhams high street

More than 175,000 retail jobs lost in 2020

The turmoil on the high street saw 176,718 jobs lost across retailers during 2020, according to new figures showing the dramatic impact of the...
Primark

Primark owner reveals £650m sales hit from latest forced closures

Primark owner Associated British Foods (ABF) has said it will face a £650m sales hit from Covid-19 after tougher restrictions in the UK and...
Turkey

UK Government signs deal to continue trade terms with Turkey

The Government has signed a deal which will allow British businesses to continue trading with Turkey, a key market for sourcing fashion and textiles,...
Oasis Warehouse Boohoo

The fashion retailers whose stores disappeared from our high streets in...

After a pretty lacklustre Christmas 2019 for many, high street fashion and lifestyle retailers across the UK started 2020 facing tough conditions as customer...
Brexit Boris Johnson

UK and European Union reach historic deal on post-Brexit trade

Boris Johnson said a deal reached with the European Union will help protect jobs and provide certainty to businesses. The Prime Minister said the agreement...
Boxing Day Christmas

Boxing Day sales expected to fall by more than a quarter

Around 8.2m shoppers are expected to hit the high street on Boxing Day, despite extensive new Covid-19 restrictions forcing non-essential retailers to close. However, total...
Alibaba

Alibaba hit with anti-monopoly probe as China steps up pressure on...

Chinese regulators have announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up official efforts to tighten control over the country’s fast-growing tech...