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Retail & Etail

Topshop Arcadia

Arcadia reported to be planning permanent store closures

Sir Philip Green's Arcadia group has been widely reported to be plotting permanent store closures as it is hit hard by the COVID-19 crisis,...
John Lewis

John Lewis is the latest to offer staff a bonus during...

John Lewis has become the latest retailer to reward its staff working through the coronavirus pandemic. All frontline workers at the department store and Waitrose...
Empty High Street

Thousands of high street firms miss out on £55m funding due...

More than 3,650 small shops, pubs and restaurants are each set to lose out on £15,000 of Government grant funding due to an “anomaly”,...
Cath Kidston

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

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

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

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...
Northern Threads

The Interview: Phil Goodfellow, co-owner, Northern Threads

Phil Goodfellow, and his business partner, Nigel Binnie, have been giving the good people of South Shields, Newcastle and Sunderland, in the north east...
H&M

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...
Debenhams

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

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...
Marylebone

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...