Month: September 2020
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Sep- 2020 -18 SeptemberLuxury Goods
LVMH set to block Tiffany’s court petition
LVMH has announced it plans to block a court petition launched by jewellery company Tiffany & Co, who is attempting…
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18 SeptemberCoronavirus
UK retail sales rise for fourth consecutive month
August saw retail sales volumes increase by 0.8% when compared with July, marking the fourth consecutive month of growth. According…
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17 SeptemberCoronavirus
John Lewis scraps staff bonus amid ยฃ635m pre-tax loss
Department store chain John Lewis Partnership has slashed its staff bonus for the first time since 1953, aftering reporting a…
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17 SeptemberSupermarkets
Co-op H1 sales surge 8.8% but profits dented by Covid costs
Grocery chain Co-op saw has revealed that like-for-like sales for the six months of the year increased by 8.8% as…
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17 SeptemberGovernment
Government extends commercial eviction ban until end of year
The government has decided to extend its commercial property eviction ban until the end of 2020. Businesses have been shielded…
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17 SeptemberDepartment Stores
Next raises forecast amid โresilientโ performance
Next has announced that full price sales were down by 33% in the first half of the year, following the…
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16 SeptemberEconomy
EOTHO pushes UK inflation down to five-year low
The Consumer Prices Index (CPI) 12-month rate fell to 0.2% in August 2020, down from 1% in July, according to…
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16 SeptemberClothing & Shoes
H&M to return to profitability in Q3
H&M has announced it expects to return to profitability after experiencing a โbetter-than-expectedโ recovery during the third quarter of the…
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16 SeptemberCoronavirus
Covid forcing 4 in 10 SMEs to put sale plans on hold
SMEs across the UK have had to โtear upโ business succession plans due to Covid-19 with four in 10 placing…
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16 SeptemberComment
What to know: High street tenancies
As the Scottish Government considers extending the Coronavirus (Scotland) Act anti-irritancy provisions, which effectively prevent landlords from terminating commercial leases,…
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