Pandemic

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…

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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…

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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…

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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…

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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…

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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…

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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…

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Johnsons Shoes Company enters administration

Johnsons Shoes Company, which operates 12 stores under the brands Johnsons Shoes and Bowleys Fine Shoes, has entered administration due…

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Marks and Spencer profits tumble in full-year results

Marks and Spencer has announced that profit before tax tumbled 20.2% to £67.2m in the full-year ended 28 March 2020. …

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Secondary market represents the key to survival during a crisis

As the Coronavirus outbreak lead to the forced closure of non-essential businesses across the nation, apparel retailers seem to have…

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