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TheIndustry.fashion

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Furlough Rishi Sunak

Government receives 140,000 furlough scheme applications on launch day

The Government’s employee furlough scheme has received 17,500 applications an hour since it was launched this morning, according to Chancellor Rishi Sunak. At the daily...
Retail sales footfall

Retail footfall saw worst ever decline in March

UK retail footfall experienced its sharpest ever decline after shops shut their doors in the face of the coronavirus pandemic, according to new figures. Footfall...
Arcadia Topshop

Arcadia stores under threat of permanent closure

Sir Philip Green’s fashion empire Arcadia could close some stores down permanently as a result of the COVID-19 crisis as it negotiates with landlords...
Boohoo

Boohoo to post soaring annual sales as investors await virus impact

Boohoo is set to unveil soaring sales for the past year, as investors await news of how the business has been affected by the...
Rishi Sunak

Government’s COVID furlough scheme extended to end of June

The Government will pay for staff to remain on furlough for at least another month, as employees are forced to stay at home to...
Laura Ashley

Extra administrator appointed for Laura Ashley

A third joint administrator has been appointed for Laura Ashley amid pressures caused by the coronavirus crisis. The high-street firm filed for administration in March...
Rishi Sunak

Third of small firms have been given cash grants, says Chancellor

A third of small businesses have been given cash grants to survive during the coronavirus crisis, Chancellor Rishi Sunak said. He added that between £3...
ASOS

ASOS urged to support subcontracted couriers who face redundancy

ASOS has been called upon by a union to step in and help secure the jobs of 70 subcontracted drivers, who have been delivering...
Debenhams

Debenhams officially enters administration

Struggling department store chain Debenhams has confirmed it has formally entered administration. The firm has appointed administrators from the FRP Advisory to oversee the process,...
John Lewis COVID-19

John Lewis to deliver care packages to frontline NHS staff

John Lewis has teamed up with the British Medical Association (BMA) to deliver care packages to NHS staff at the UK’s busiest hospitals. The retail...
Priya Downes, Nudea

Nudea co-founder Priya Downes: How my start-up is navigating COVID-19 crisis

For a start-up like Nudea, the Covid-19 pandemic is unfortunately timed for our journey. We had just started to build some great traction offline through...
John Lewis

John Lewis is the latest to offer staff a bonus during...

John Lewis has become the latest retailer to reward its staff working through the coronavirus pandemic. All frontline workers at the department store and Waitrose...