Ireland

Clarks agrees £100m rescue deal with LionRock Capital

Clarks has been rescued in a £100m deal with LionRock Capital – the Hong-Kong-based private equity firm. Announcing its new…

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ABF profit slumps as Primark hit by £2bn loss

Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to £810m in the…

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Primark warns of £375m lockdown hit

The parent company of Primark has warned that the retailer will face a £375m hit to sales, in an update…

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Next Q3 sales fall 17%

Fashion retailer Next has reported a 17.9% decline in Q3 amid the continued impact of the coronavirus pandemic. The firm…

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UK weekly retail footfall drops by 1.2%

Retail footfall in the UK has dropped by 1.2% in the last week from the previous seven days, according to…

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Quiz swings to loss as online sales fall

Quiz has swung to a loss of £3.7m in the full-year ended 31 March 2020, against a profit of £0.6m…

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Gap considers closure of all European stores

Gap has launched a strategic review for its European business that may result in the possible closures of company-operated stores…

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Footfall continues decline following tiered restrictions

Footfall fell by 3.1% across all retail destinations last week from the week before, following tiered restrictions being introduced across…

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Gov to cover 67% of wages for firms forced to shut

Chancellor Rishi Sunak has announced that businesses forced to shut due to local restrictions will be eligible for a grant…

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Card Factory swings to half-year loss

Card Factory has swung to a half-year loss after Covid-19’s economic downturn affected its trading. The retailer saw a £22m…

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