Friday, February 26, 2021
N Brown Simply Be Jacamo JD Williams

B&M director to replace N Brown chairman Matt Davies

N Brown chairman Matt Davies is set to step down from the business at the end of March to spend more time on other business activities.
Topshop Topman Asos Arcadia Group

Topshop directors exit after not being transferred to Asos

Topshop and Topman have reportedly seen several directors exiting the business after not being transferred over to new owner Asos.
TK Maxx TJX Companies

TK Maxx owner posts sales drop as lockdown continues

TK Maxx parent company TJX Companies has witnessed a sales decline of 10.7 per cent year on year to $32.1 billion (£22.8 billion) in the year to January 30, as lockdown closures affect trading.
Primark set for £1.1bn hit but expects big spending after lockdowns

Primark set for £1.1bn hit but expects big spending after lockdowns

The parent company of Primark believes the retailer will have lost out on sales of £1.1 billion as a result of the increased Covid-19 (...)
John Lewis Christine Kasoulis Peter Cross

John Lewis fashion buying director Christine Kasoulis to exit

John Lewis Partnership has reportedly announced that the John Lewis fashion buying director Christine Kasoulis is set to step down from her role this spring after 32 years with the business.
H&M covid-19 pandemic lockdown Helena Helmersson

H&M to refashion stores in the wake of Covid-19

H&M has reportedly announced that it will be refashioning its network of 5000 stores in the wake of Covid-19 which has seen shoppers shift online.
Gap job losses store closures

Gap fights landlords to close all UK stores in July

Gap is reportedly at war with its landlords after telling them it plans to hand back the keys to all its shops across the UK this July, which will result in the loss of hundreds of jobs.
Frasers Group expects £100m hit from lockdown, warns of store closures if reopening delayed

Frasers Group expects £100m hit from lockdown

Frasers Group has said it could take a hit in excess of £100 million due to the Covid-19 lockdown on non-essential retailers (...)
Asda George Issa brothers TDR

Asda owners consider spinning off fashion label George

Asda’s new owners Issa brothers and TDR are reportedly considering spinning off the grocer's fashion label George, as they plan to cut costs and spending.
Asos relaunches Topshop online after £295m rescue

Asos relaunches Topshop online after £295m rescue

Asos relaunches Topshop online after acquisition as Boohoo is said to be considering deal for Arcadia’s Daventry distribution centre.

Feature Resource

The 2021 Fraud Prevention in E-commerce Report

E-commerce risk teams are undoubtedly feeling the weight of 2020’s mass-scale disruption and its impact on consumer behaviors and digital payment fraud. This new...