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COVID-19

Zara

Zara owner closes 3,785 stores globally after sales plunge

The owner of Zara has closed 3,785 stores globally following the outbreak of coronavirus.  Inditex, the Spanish owner of...

Hermès shuts down production sites in France until the end of...

Luxury brand, Hermès has announced it will close all its production sites in France until the end of March due to the Coronavirus outbreak....

China’s JD.com to buy back $2 billion shares amid Coronavirus outbreak

On Tuesday, China’s e-commerce company JD.com Inc announced it would buy back up to $2 billion of its shares, after the business estimated a...
Superdry

Superdry to miss targets after coronavirus hits sales

Superdry reports that it does not expect its online sales to offset losses, predicting it will miss its 2020 targets due to...

COVID-19: Amazon stops receiving non-essential products from sellers

Online giant, Amazon is suspending sellers from sending non-essential products to its U.S. and U.K. warehouses until April 5. The online retailer has taken...
Retailers COVID-19

Retail industry welcomes Chancellor’s swift action to support businesses during COVID-19...

The retail industry has welcomed the Chancellor’s quick move to support businesses with a range of packages announced yesterday to help prop up the economy...
Selfridges

Selfridges announces COVID-19 temporary store shut-down

Selfridges has announced this evening that it too will be closing its physical retail stores in London, Birmingham and Manchester as it joins the...
Browns

MATCHESFASHION and Browns temporarily close physical retail stores due to COVID-19...

Luxury fashion retailers MATCHESFASHION and Browns have closed their physical retail stores on a temporary basis as the COVID-19 Coronavirus crisis escalates in the...
Furlough Rishi Sunak

COVID-19: Chancellor grants business rates holiday to all retailers

Chancellor Rishi Sunak has announced a package of Government aid to keep businesses propped up during the COVID-19 crisis, including offering a business rates...
H&M Coronavirus

H&M asks landlords for rent holiday as coronavirus hits sales

H&M has joined the growing number of retailers asking their landlords for a rent holiday as coronavirus stops shoppers going to UK high streets. The...
Shoe Zone

Shoe Zone planning to cancel final dividend payment

Shoe Zone is expected to cancel the final payment of its dividend for 2019 to help give the business more financial security ahead of...
Boden London

Boden to close all stores amid coronavirus outbreak

Boden has confirmed plans to close all stores from today, amid the continuing coronavirus outbreak in the UK. The company, which has two...