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COVID-19

Retail sales

Retail sales slow amid poor weather before coronavirus impact

UK retail sales flatlined in February amid poor weather before the spread of coronavirus was fully felt by high street shops, new figures show. The...
Retail property consumer spending

Retail rent day: property companies lose out as retailers withhold payments

Commercial property owners have warned they could struggle in the face of the coronavirus pandemic, after missing out on millions of pounds worth of...
Sports Direct

Sports Direct defends itself from MPs’ criticism in letter to Michael...

Sports Direct parent Frasers Group has attempted to defend itself after the Government criticised the behaviour of some businesses during the coronavirus crisis. Earlier today,...
Frasers Group Sports Direct

Mike Ashley’s Frasers Group offers to deliver NHS supplies

In an open letter, Frasers Group Chief Financial Officer Chris Wootton has pledged support the NHS and its employees “in whatever way”...
Online retail

COVID-19 prompts surge in fashion discounting

Year-on-year price comparisons show UK fashion retailers are discounting stock at “unprecedented levels” since the COVID-19 crisis hit, according to data and analysis from LovetheSales.com. The strict...
Sea Beyond Logo

Prada and UNESCO postpone Sea Beyond educational project

Prada and UNESCO’s Intergovernmental Oceanographic Commission (IOC) have decided to postpone the start of their Sea Beyond educational project to September 2020.
Mulberry

Mulberry closes its Somerset factories due to UK’s social distancing measures

Luxury British handbag brand, Mulberry has announced it will be closing its factories in Somerset for at least three weeks due to the social...
Sports Direct Mike Ashley Jack Wills

Boris Johnson warns Mike Ashley to “expect the consequences” if Sports...

Boris Johnson has told Sports Direct boss Mike Ashley to “expect the consequences” if he does not obey the rules over his employees during...

Walpole launches campaign to create ‘virtual Bond Street’

Trade body for the British luxury industry, Walpole has launched a campaign in which it will work collaboratively with more than 250 of its...
Sports Direct JD Sports

Sports Direct hikes sports kit prices online after COVID-19 closure

Mike Ashley’s Sports Direct has reportedly put the prices of some of its active wear and sports equipment up by 50% online.

Hammerson Annual General Meeting to take place virtually

On Wednesday, Hammerson announced that its Annual General Meeting will take place virtually due to the Coronavirus outbreak. The property group said the virtual...
Nike Footwear Display

Nike reports digital sales increase of 36% amid COVID-19 outbreak

Nike, Inc. has released its fiscal 2020 financial results for the third quarter, ending 29 February 2020, as the company reports that...