Friday, April 10, 2020
H&M to pay suppliers for incoming orders, but new orders paused

H&M to pay suppliers for incoming orders, but new orders paused

H&M has reportedly told suppliers they will receive payment for orders fulfilled or started, but pause all new orders.
Fashion retailer JD Williams has cancelled spring 20 orders with some of its suppliers as the coronavirus outbreak continues to affect the retail sector. An N Brown spokeswoman stated to Drapers that the retailers priority is to ensure it can serve its customers while protecting the well-being of its employees amid the pandemic.

Coronavirus: JD Williams cancels spring orders with suppliers

JD Williams cancels spring 20 orders with suppliers amid Covid-19 & works closely with suppliers to navigate amid the pandemic.
Next moody's sale warehouse savills

Coronavirus: Next head office & three warehouses up for sale

Next is reportedly seeking buyers for its headquarters and three warehouses in a bid to raise tens of millions of pounds
Coronavirus: Moody's reviews Next for downgrade

Coronavirus: Moody’s reviews Next for downgrade

Moody’s has placed Next on review for downgrade amid concerns over how long stores will remain closed & consumer demand recovery.
Laura Ashley administration job cuts reduced to 268

Laura Ashley administration job cuts reduced to 268

Laura Ashley is to cut 268 jobs after initially announced it would make up to 721 redundancies amid its administration.
Kipling names Markus Hamm as new Europe boss VF Corp

Kipling names Markus Hamm as new Europe boss

VF Corp has named Markus Hamm as the new vice president and general manager for its Kipling fascia in the EMEA region.
New Look announces Stuart MacKenzie as new board member

New Look announces Stuart MacKenzie as new board member

New Look has appointed Stuart MacKenzie to its board of directors as a non-executive member, replacing John Gnodde.
Matalan offers warehouse staff chance to work from home

Matalan offers warehouse staff option to stay at home

Matalan is offering staff at its distribution centre the chance to stay at home.
Oasis and Warehouse Oasis & Warehouse covid-19

Coronavirus: Oasis & Warehouse supplier payments delayed

Oasis and Warehouse have reportedly informed suppliers that payments will be delayed as a result of protecting the business
In a bid to protect the business amid the Covid-19 pandemic, Urban Outfitters has told suppliers it can no longer accept delivery of goods on orders, and will cancel all undelivered orders.

Coronavirus: Urban Outfitters invokes force majeure clause

Urban Outfitters declines the delivery of goods on purchase orders & cancels all undelivered orders amid Covid-19 outbreak.

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