Search Results for: retail sales
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Clothing & Shoes
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
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
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
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
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
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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Supermarkets
Tesco defends £635m dividend payout
‘Big Four’ grocer Tesco has defended its £635m dividend payout to shareholders, despite it receiving a £585m tax break. Last…
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Clothing & Shoes
H&M signs new £859m credit facility to strengthen liquidity amid Covid-19
Swedish clothing retailer H&M has revealed it has signed a new €980m (£859m) revolving credit facility as it looks to…
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Economy
Consumer confidences slumps to lowest level since records began
Gfk’s long-running Consumer Confidence Index has decreased drastically by 25 points between the first two and last two weeks of…
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High Street
JD Sports to withhold quarterly rent amid Covid-19 lockdown
Sports fashion retailer JD Sports has announced it is withholding its quarterly rent in bid to mitigate the effects of…
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