Search Results for: Covid-19
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Coronavirus
Cath Kidston bought out of administration by owner
Global lifestyle brand Cath Kidston has been bought out of administration by its parent company Baring Private Equity Asia (BPEA)…
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Coronavirus
UK retail footfall plummets in March
UK retail footfall decreased by 44.7% in March due to the mandatory lockdown, according to the latest BRC-ShopperTrak footfall monitor.…
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Comment
What’s behind the demise of Cath Kidston?
Sadly, the coronavirus pandemic and subsequent shutting of high street stores has compounded the effects on the already struggling retail…
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Department Stores
Debenhams closes seven stores amid further landlord talks
Debenhams has announced the permanent closure of seven of its stores resulting in the loss of 422 jobs and has…
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Coronavirus
Coronavirus Job Retention Scheme portal goes live
The portal for the Coronavirus Job Retention Scheme is now live, with the government saying that businesses with validated claims…
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Coronavirus
DFS remains ‘confident’ as it plans equity raise
DFS has confirmed that it is in the advanced stages of negotiating an additional debt facility amid the ongoing coronavirus…
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People Moves
Patrick Guido steps down as Lululemon CFO
Lululemon has announced that its CFO, Patrick Guido, will be stepping down to assume a position outside of the apparel…
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Coronavirus
Government extends lockdown for ‘at least’ three more weeks
The government has announced an extension to the coronavirus lockdown for “at least” a further three weeks. The decision was…
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Supermarkets
Waitrose launches initiatives to support ‘most vulnerable’ suppliers
Waitrose has revealed a number of initiatives it has launched to support its most vulnerable suppliers during the Covid-19 pandemic.…
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Coronavirus
Retail sales decline at ‘worst rate on record’
Retail sales suffered the “worst decline recorded” in March, with a year-on-year total sales decline of 4.3%. The findings come…
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