Boohoo cancels orders and Wilko delays payments amid tough trading conditions
Online fashion specialist Boohoo has cancelled orders and variety store group Wilko is delaying supplier payments as disrupted trading conditions take a toll.
Boohoo has deferred as well as cancelled some orders with suppliers because the high cost of living is affecting shopper demand. Wilko blamed factors such as cost inflation and the impact of closing stores for the Queen’s funeral for the need to change supplier payment periods, the Sunday Times reported.
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