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COVID-19

The Hut Group

The Hut Group announces £10 million COVID-19 support package

The Hut Group has pledged a £10 million COVID-19 support package to support vulnerable communities, key workers and emergency services. Of that total,...
intu Watford Superdry

Intu threatens to serve statutory demands as tenants refuse to pay...

Property giant Intu has suggested it is prepared to take further action against tenants who don’t pay rent and service charges they currently owe. According...

Technology: the platforms that are booming during the pandemic

Over the last month, the Coronavirus has become a global pandemic, with over 900,000 people contracting the virus in more than 190 countries, causing...
Alexander McQueen comp

Alexander McQueen launches new stay-at-home project

Fashion label Alexander McQueen has launched a weekly project to inspire creativity whilst most of the world is currently under lockdown due...
Next Amazon

Next HQ and three warehouses up for sale

Next is reportedly seeking buyers for its headquarters and three warehouses as part of a mitigation plan to reinforce its balance sheet...
Victoria Beckham

Victoria Beckham donating 20% of sales to COVID-19 relief efforts

Victoria Beckham has contacted customers on their mailing list to explain that the designer label would be immediately donating 20% of all...
Marks & Spencer

Marks & Spencer offers frontline staff 15% pay rise

Marks & Spencer has awarded staff on its shop floors a 15% pay rise during the COVID-19 crisis and has confirmed that all furloughed...
ASOS Warehouse

ASOS denies claims staff are unsafe during coronavirus outbreak

ASOS has denied that conditions for its workers are unsafe after the GMB union accused ASOS of “playing Russian Roulette with people’s lives”. Around 500...
Adidas

Adidas suspends €1 billion share buyback

German sports giant, Adidas has announced it will suspend a €1 billion share buyback it had planned for this year in order to conserve cash...
High streets task force clothing retailers

BRC urges government to release funds faster to stop retailer insolvencies

The British Retail Consortium (BRC) has urged the government to speed up the time it takes for retailers to gain access to the proposed...
Urban Outfitters

Urban Outfitters owners to borrow $220 million to protect business

Urban Outfitter owners URBN today announced it will take measures to protect the financial position of the business, including temporarily closed stores remaining closed...
Mike Ashley Sports Direct Frasers Group

Frasers Group executives take pay cut amid coronavirus crisis

Directors at Mike Ashley's Frasers Group have agreed to have their annual salaries cut to £40,000 while all staff have their salaries guaranteed at...