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Clothing & Shoes
Boohoo secures £200m through share placing
Boohoo confirmed it has successfully raised almost £200m in funding following the placing of 58 million shares. The online retailer…
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Coronavirus
WH Smith sales plunge 85% amid lockdown
WH Smith has revealed that group total revenue plunged 85% in April in light of the ongoing pandemic. Following the…
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Coronavirus
Sharpest decline on record as sales fall amid lockdown
Total retail sales tumbled by 19.1% in the four weeks ended 2 May, according to the latest BRC-KPMG Retail Sales…
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Coronavirus
Morrisons sales rise in ‘volatile’ quarter
Morrisons has revealed that trading in the first quarter of 2020 was “volatile” in light of the ongoing pandemic, despite…
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Coronavirus
Retail footfall plummets 80%
Footfall across the UK plummeted 80.1% during the month of April, in light of the nation obeying government-induced lockdown measures.…
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Clothing & Shoes
Superdry sales slide as stores are shuttered
Superdry has announced that its fourth quarter performance was “substantially impacted” by the outbreak of Covid-19, with year-on-year revenue tumbling…
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Coronavirus
Business rates revaluation postponed until 2022
A revaluation of business rates will no longer take place in 2021 in line with the government’s latest efforts to…
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Clothing & Shoes
J.Crew files for bankruptcy protection
J.Crew has become the first major US retailer to officially file for bankruptcy protection amid the global lockdown. As per…
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Coronavirus
Hotel Chocolat: Online sales fail to mitigate effect of store closures
Hotel Chocolat has announced that its boost in online sales has failed to “fully mitigate the total sales loss in…
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