Search Results for: retail sales

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Lewis CatchpoleWednesday, 29 April 2020, 8:14

Twin peaks: it’s a time of peak purchasing, but not as we know it

Purchasing in the time of Covid-19 is fuelled far more by necessity than luxury, and it’s an unprecedented peak the…
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Business Bites

Michael NorthcottTuesday, 28 April 2020, 8:48

Job support to be wound down, M&S dividend suspended, ventilator production slows, property market halts

Chancellor Rishi Sunack says he will wean the economy off his support schemes in a “gradual” wind-down, to help prevent…
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Coronavirus

Jasdip SensiMonday, 27 April 2020, 7:53

Co-op expects £200m increase in costs amid Covid-19 crisis

The Co-op has warned that the Covid-19 pandemic is expected to increase its costs by over £200m. The grocery retailer…
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Coronavirus

Lewis CatchpoleWednesday, 22 April 2020, 8:40

John Lewis furloughs 14,000 members of staff

John Lewis Partnership (JLP) has revealed it has furloughed over 14,000 members of staff and will slash over £200m from…
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Clothing & Shoes

Lewis CatchpoleTuesday, 21 April 2020, 8:24

Clothing and footwear market forecast to decline by £14bn

The UK clothing and footwear is anticipated to plummet in 2020, falling 26.1% versus 2019, a loss of around £14bn…
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Clothing & Shoes

Jasdip SensiTuesday, 21 April 2020, 8:15

Joules adds £15m to existing debt facility

British lifestyle brand Joules has announced it has successfully agreed to add £15m to an existing credit facility with Barclays…
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Coronavirus

Heather SandlinTuesday, 21 April 2020, 7:59

Covid-19: Primark to suffer £284m stock hit

Associated British Foods (ABF) has revealed that Primark will take a £284m hit in stock following store closures amid the…
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Coronavirus

Heather SandlinMonday, 20 April 2020, 8:15

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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Coronavirus

Lewis CatchpoleThursday, 16 April 2020, 9:08

Zalando adds initiatives to support fashion brands despite Q1 loss

Zalando has revealed a series of new initiatives to help support its fashion brands during the current coronavirus pandemic, despite…
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Coronavirus

Lewis CatchpoleWednesday, 15 April 2020, 8:56

Quiz reopens online operations

British Fashion retailer Quiz has revealed it has reopened its online operations after it added “additional safety measures” to keep…
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