Cath Kidston files notice of appointment of administrators
Cath Kidston has filed notice of its intention to appoint Alvarez & Marsal as administrators as the stresses of the coronavirus shut-downs start to...
Schuh resumes trading online
Footwear chain Schuh has resumed trading online having suspended its e-commerce operations due to what it said was conflicting advice from the Scottish and...
Primark to cover wages of factory workers after order cancellations
Primark has created a fund to cover the wages of workers in factories in countries such as Sri Lanka and Bangladesh after it was...
Lululemon cuts senior leadership salaries by 20%
Activewear and lifestyle brand Lululemon has announced a cut to senior leadership team salaries of 20% for the next three months amid...
H&M sales and profits up for Q1 but drop drastically since...
H&M Group’s net sales increased by 8% to 54,948m Swedish krona in the first quarter ending 29 February 2020, while gross profit increased by...
Shoe designer Sergio Rossi dies age 84
Italian shoe designer Sergio Rossi has died at age 84.
Gianvito Rossi confirmed in a statement that his father, the renowned shoemaker, had...
Debenhams makes plans to file for administration as a protective move
Debenhams is lining up administrators to protect the struggling business amid the COVID-19 crisis, though no firm decision to appoint them has been made.
The...
Joules raises £15m to shore it up during coronavirus crisis
Joules has reported it has raised £15 million from investors, in a bid to shore up its balance sheet amid the global Coronavirus pandemic.
The...
UKFT campaigns for “forgotten middle” businesses during Coronavirus
According to the UK Fashion and Textile Association (UKFT), more support is needed to help fashion businesses that fall outside eligibility for...
Primark bosses take 50% pay cut amid virus impact
Bosses at Primark owner Associated British Foods (ABF) said they will take a temporary pay cut as the coronavirus pandemic dents the...
Chancellor announces further COVID-19 support for businesses
More businesses will be able to access financial support during the coronavirus lockdown after the Chancellor announced a wider package of measures to assist...
The Modist closes permanently due to COVID-19 crisis
The Modist, the trailblazing luxury site for modest fashion, has closed down permanently citing the challenges of the COVID-19 coronavirus crisis.
Established three years ago...
