All Fashion articles – Page 160
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NewsSchuh resumes online trading with ‘exhaustive welfare measures’ in place
Footwear specialist Schuh has resumed trading online after putting in place “exhaustive welfare measures” to protect staff from coronavirus.
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NewsClarks to permanently close some UK stores as it mulls new financing options
Struggling footwear specialist Clarks has drawn up plans to permanently close some of its stores after drafting in bankers to review its finances.
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NewsCoronavirus: Arcadia store closures loom as Cath Kidston and Debenhams teeter on brink
Topshop owner Arcadia is likely to close many more shops as it reels under the blow of the coronavirus pandemic.
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NewsPrimark to cover factory wages after coronavirus order cancellations
Primark has created a fund to cover wages of factory workers in countries such as Bangladesh and Sri Lanka where the value fashion giant has cancelled orders as coronavirus led to the closure of stores.
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NewsCoronavirus: Primark execs take pay cuts as Joules raises £15m
Executives at Primark and its parent company Associated British Foods (ABF) have slashed their pay in half amid the ongoing coronavirus crisis.
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OpinionMove of the Week: Ted Baker’s new boss faces its toughest ever test
It is testament to the job Rachel Osborne has done under the most difficult of circumstances that the former Debenhams finance chief has been trusted to lead Ted Baker through the toughest period in its history.
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NewsArcadia furloughs staff as senior team take pay cuts
Arcadia has said it will furlough “a substantial number” of staff, and its board and senior leadership team will take salary reductions as it battles to deal with the fallout from the ongoing coronavirus crisis.
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OpinionOpinion: Retail must act now to help its people through this crisis
Retail always has been and always will be a people industry. People are the heart and soul of this sector and help make it such a vibrant and dynamic trade for us, as journalists, to have the pleasure of covering.
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NewsCoronavirus: Shoppers move online at ‘phenomenal’ rate during lockdown
Consumers are switching to online shopping at a “phenomenal” rate during the coronavirus lockdown, new research has revealed.
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NewsLaura Ashley administrators make redundancies and furlough staff
The administrators in charge of winding down Laura Ashley announced overnight they had made more than 200 redundancies and placed the retailer’s remaining store staff on furlough.
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News
Shop prices fall as food inflation eases pre-coronavirus
Shop prices fell in March driven by falling non-food prices and easing food inflation, but BRC boss Helen Dickinson warns that grocery prices may rise amid seasonal shift and increased demand.
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NewsJD Sports withholds all rent and service charges for the quarter
JD Sports did not pay any rents or service charges across its store estate for the second quarter of the year and is in discussions with its landlords about the rents due in June.
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NewsAsos warehouse should stay open, staff union says
The trade union that represents Asos’s Barnsley distribution workers wants the warehouse there to carry on trading, rejecting calls for its closure by rival unions and politicians who have questioned coronavirus safety measures at the premises.
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NewsArcadia defers pension payments and cancels supplier orders
Topshop parent company Arcadia has launched a series of measures to cut down on costs amid the coronavirus crisis, including deferring payment into its pension scheme.
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AnalysisAnalysis: Can non-essential retailers trade online without damaging their brand?
Since the government forced all ‘non-essential’ shops to close last Monday, many retailers have found themselves at something of an impasse.
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NewsTed Baker names Rachel Osborne as permanent boss
Ted Baker has named Rachel Osborne as its permanent chief executive, four months after taking on the role in an acting capacity.
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NewsZalando warehouses to stay open despite fall in consumer demand
Pureplay fashion retailer Zalando says it will keep its warehouses open in a bid to preserve “business continuity” despite saying it had seen a drop in consumer demand for its products due to the coronavirus pandemic.
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AnalysisData: How online demand has changed since coronavirus lockdown
As Next and TK Maxx suspend online operations, the latest data shows the UK’s online spending habits have shifted since the coronavirus lockdown began and are now skewed towards essential provisions and the home, garden and electricals categories.
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NewsH&M threatens to walk away from leases without post-coronavirus sales revival
Swedish fashion giant H&M has threatened landlords with walking away from store leases if they do not see a return in turnovers to pre-coronavirus levels once the pandemic passes.
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NewsCoronavirus: Next and TK Maxx halt online orders
Fashion giants Next and TK Maxx have closed their warehouses and stopped taking online orders to protect staff from the coronavirus pandemic.