Lewis Catchpole
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Clothing & Shoes
Farfetch losses widen despite revenue increase
Online luxury retailer Farfetch has revealed its losses widened for FY20 to $3.3bn (£2.36bn) despite its revenues increasing 64% year-over-year…
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Clothing & Shoes
TK Maxx owner sees 10% sales slide due to lockdown
TJX Companies, the parent company of TK Maxx, has reported a 10.7% drop in FY21 net sales to $32.1bn (£22.6bn),…
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Coronavirus
Chancellor expected to extend furlough until May
Chancellor Rishi Sunak is expected to announce a further extension to the government’s furlough scheme until May in his Budget…
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Coronavirus
Frasers warns of £100m lockdown hit
Mike Ashley’s Frasers Group has announced it currently expects to take a hit in excess of £100m due to the…
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Supermarkets
Poundland owner to open 400 new stores despite dent to profits
Poundland owner the Pepco Group has announced plans to open 400 stores this year despite posting a drop in profits…
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Comment
E-commerce: The benefits and hidden dangers for an independent retailer
Over the past year, repeated lockdowns and tiered restrictions have forced retailers to close their premises and halt trading. Customers…
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Coronavirus
NI extends lockdown until 1 April but click and collect widened
The Stormont Executive has announced it will extend the current lockdown restrictions in Northern Ireland until 1 April.
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High Street
850 retail jobs lost a day so far in 2021
New research has found that 850 retail jobs have been lost every working day so far in 2021, with experts…
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Features
Sit Down with SALTO
Can you tell me about the history of SALTO and the idea behind your systems? From its inception in 2001,…
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Clothing & Shoes
Adidas to sell Reebok to focus on core brand
Adidas has confirmed it is to begin a formal sales process for its Reebok brand as it looks to concentrate…
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