Follow us

Menu
PARTNER WITH USFREE NEWSLETTER

In Numbers: the Week in Fashion in Figures

Lauretta Roberts
28 August 2020

Kicking off the news agenda this week was, of course, Frasers Group which expanded its empire further still with the acquisition of Dave Whelan's (a rival of Frasers' Mike Ashley) collapsed sport and fitness chain, DW Sports.

Ashley is bound to see more opportunities open up for his group as the COVID crisis continues to do its worst on the fashion retail industry. New Look revealed its anticipated CVA plans this week but they weren't without controversy as the British Property Federation accused the chain of using the process to "rip up leases" permanently.

Others who have been among the worst hit by the crisis include our historic, national department stores and we carried out an analysis this week to see who's likely to make it through and who isn't.

Catch up on these stories and more from the week via the stats that matter.

£37m

The amount Mike Ashley's Frasers Group paid for certain assets of his rival Dave Whelan's collapsed sports and fitness chain DW Sports.

Mike Ashley’s Frasers promises to save jobs after £37m deal for DW Sports assets

4

The number of Harvey Nichols stores that remain closed after lockdown. The luxury department store has appointed advisers from PwC.

Harvey Nichols appoints advisers as lack of tourists hits business

+4.1%

Weekly rise in footfall across the UK from 16-22 August, however footfall nationally is still down 39.1% year-on-year.

UK weekly footfall rises +4.1% – driven by Greater London and the South East

219 million

The combined reach of the creators taking part in the new ASOS #AySauce branded hashtag challenge campaign on TikTok across the UK and US.

ASOS launches #AySauce branded hashtag challenge campaign on TikTok

3

The number of new The Beauty Hall from NEXT concept stores that will be opened in intu malls following the signing of a new deal.

Next signs deals to open new concept beauty halls in former Debenhams stores at three Intu malls

12

The number of luxury fashion and accessories brands said to be working with Amazon to create dedicated spaces on its new luxury fashion platform.

Amazon preparing to launch luxury fashion platform

£0

The amount of rent New Look is proposing to pay on 68 of its stores as part its latest CVA proposals to landlords and creditors.

New Look outlines new CVA proposals

86%

The volume of footfall being achieved at shopping destination Liverpool ONE versus last year, which is a huge over-performance against the national average.

Liverpool ONE outperforms national averages post-lockdown

£4.5bn

The value expected to be placed on online fashion, beauty and lifestyle group The Hut Group when it launches its IPO in London.

The Hut Group plans to join London Stock Exchange

1778

Our oldest national department store chain can trace its history back to this date, but will the COVID crisis prove to be its final undoing?

In-Depth: Can Britain’s department stores survive the pandemic?

£2m

The amount investor Electra Private Equity has injected into Hotter as its CVA process has been confirmed.

Hotter investor injects £2m as CVA challenge period ends

20 years

The length of the new lease John Lewis has signed on its Sheffield store, which it is planning to refurbish.

John Lewis signs new 20-year lease on its Sheffield store

Never miss a breaking news story by signing up to our FREE Daily Update news bulletin here. 

Read More
UK band The 1975 aims to help...
Tom Shearsmith
20 August 2019
1 2 3 2,580
Free Newsletter
cross