Search Results for: retail sales
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Clothing & Shoes
Boohoo buys out Pretty Little Thing
Boohoo has announced the acquisition of the remaining 34% of shares in Pretty Little Thing (PLT) from minority shareholders, in…
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Coronavirus
Frasers Group CFO blames reopening delay on ‘Cummings fiasco’
Chris Wooton, the chief financial officer of the Frasers Group, has blamed the new opening date for non-essential retail as…
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Luxury 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…
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News
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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High Street
Topps Tiles reports losses of £4m in half-year results
Topps Tiles has reported pre-tax losses of £4m for the half-year period ended 28 March, down from the profits of…
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Comment
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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Coronavirus
French Connection seeks urgent funding
French Connection has revealed it is in “active discussions” with potential funding partners in order to seek emergency cash as…
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Coronavirus
Nike warns on subdued Q4 results amid Covid-19 lockdown
Sport fashion retailer Nike has warned this its fourth quarter sales will be impacted by the Covid-19 lockdown. Since mid-March,…
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Advice
Embrace new data practices to survive and thrive in challenging times
The retail sector is in uncharted territory with exceptionally tough trading conditions for many. It is an environment set to…
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Tips
Transparency in fashion – What it is and whether it’ll survive the Covid-19 pandemic
With the Coronavirus (COVID-19) pandemic keeping shoppers at home, clothing sales are plummeting faster than ever before. How the fashion…
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