Uniqlo sales buoyed by loungewear demand
Uniqlo parent company Fast Retailing has recorded a 0.6 per cent decline in the group's revenue for the quarter ended November 30, 2020.
233 job cuts as M&S finalises Jaeger deal
Marks & Spencer has reportedly finalised its purchase of Jaeger, out of administration, which has led to 233 redundancies.
N Brown warns on “lockdown challenges” after Christmas sales drop
N Brown has seen its revenues drop during its Christmas quarter despite witnessing a “continued improvement” in sales.
JD Sports joins bidding race for Topshop
JD Sports is reportedly looking to join forces with US-based Authentic Brands to swoop in on Topshop and buy it (...)
Oxfam shines light on M&S’s supply chain concerns
A study by Oxfam has revealed that Marks & Spencer’s grocery and footwear supply chains at home and abroad involves in-work poverty, discrimination and health concerns.
Boohoo sales smash £660m but warns on Brexit costs
Boohoo has seen its sales rise by 40 per cent year-on-year to £660.8 million in the four months to December 31, as customer spend shifted online.
Primark owner warns of £1.1bn hit to sales as golden quarter sale plunge 30%
Primark parent company AB Foods has warned of a hit from lost retail sales of more than £1 billion if Covid lockdowns (...)
Is there still a place for Topshop on the UK’s high streets?
Topshop’s parent company Arcadia Group grabbed headlines when it went into administration in November, placing (...)
Debenhams to permanently close 6 stores, affecting 320 jobs
Debenhams has confirmed plans to close six stores permanently including its London flagship store on Oxford Street, which will affect 320 members of staff.
Asos expects £40m profit from Covid-19 restrictions after Christmas sales soar
Asos has reported a group sales rise and now expects profits to come in at the top end after a strong Christmas trading period.
Feature Resource
How An Online B2B Marketplace Can Turn Your Post-Holiday Surplus And...
The acceleration of e-commerce in 2020 created a huge opportunity for consumers to facilitate their holiday purchases, but now we are in the midst...
