Coronavirus
This coverage analyses the impact of coronavirus on the UK retail industry, focusing on operational challenges, government measures, financial pressures, workforce management, and shifts in consumer behaviour. Reporting provides insights into how retailers responded to closures, safety protocols, supply chain disruptions, and evolving customer needs — helping executives and managers assess lessons learned and long-term changes.
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Jun- 2020 -3 JuneCoronavirus
Hiring starts to pick up in retail industry as lockdown eases
Hiring has started to pick back up in the retail industry last month, with job vacancies advertised increasing by an impressive 27.1% month-on-month, according to the latest data from CV Library. The study looks at job market data throughout May and compares this with figures from the previous month (April…
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2 JuneFeatures
Coronavirus Diary: Moda in Pelle
As cases of coronavirus started to quickly rise in early March, we knew it was only a matter of time before the UK went into some form of lockdown, with shops legally obliged to shutter up. To ensure safety across our teams and a smooth transition, we closed our doors…
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May- 2020 -29 MayTips
How fashion retailers can offset losses amid the pandemic
Fashion retailers are among the most affected businesses during the coronavirus outbreak. Because the pandemic restricts outside movement significantly and is a cause for concern when it comes to social contact, most people stay inside their homes, hitting the economy on a broader scale. Fashion retailers are largely dependent on…
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28 MayProperty
British Land sees over £1bn wiped off its property value
British land has seen over £1bn wiped off the value of its portfolio which it has attributed to a shift in online shopping that has been accelerated by the coronavirus pandemic. The value of its portfolio, which includes prime central London properties, fell by over 10% from £12.3bn to £11.2bn…
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26 MayM&A
Crew Clothing owner abandons attempt to back out of Moss Bros takeover
Brigadier Acquisition, a vehicle set up by the owner of Crew Clothing, has abandoned its attempt at backing out of its £22m takeover of Moss Bros. According to Sky News, it comes just three days after Brigadier said it would appeal the Takeover Panel’s verdict that it should complete the…
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26 MayLuxury Goods
Burberry senior independent director departs due to ‘other executive commitments’
Burberry has announced that Jeremy Darroch, independent non-executive director and senior independent director, has informed the company that he will not stand for re-election at the company’s AGM on 15 July due to “other executive commitments”. Darroch joined the board in February 2014 becoming senior independent director on 1 July…
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22 MayTips
3 Ways UK’s Retail Industry Will Change With COVID-19 – What to Know
With the COVID-19 pandemic making its apparent impact on the operations of British businesses every day, many business owners are in a steady waiting game for everything to go back to normal. While it may be human instinct to be as optimistic as possible in such dire times, the unseen…
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22 MayEconomy
Consumer confidence drops further in May
GfK’s long-running Consumer Confidence Index has decreased by one point to -34 for May, as the Covid-19 pandemic continues. The measure for the general economic situation of the country during the last 12 months has dropped seven points to -55, 25 points lower than in May 2019. Additionally, expectations for…
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22 MayCoronavirus
Retail sees record slump in April
Retail sales slumped by a record 18.1% in April, according to the latest data from the Office of National Statistics (ONS). This marked the worst decline since ONS records began in 1988, and closely follows the “strong” monthly decline of 5.2% that was recorded in March. All sectors across retail…
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22 MayClothing & Shoes
Burberry sales fall 27% amid Covid-19 pandemic
Luxury fashion retailer Burberry has reported a 27% decrease in like-for-like sales in its fourth quarter results, attributing the loss to the coronavirus pandemic. The fashion retailer also revealed a 57% drop in operating profit to £189m compared with £437m during the same period last year. Additionally, in its preliminary…
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