All Fashion articles – Page 152
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AnalysisAnalysis: As June rent day nears, what will retailers do?
At the last quarterly rent day in March, landlords received a fraction of the rent they were due as stores were forced to close under lockdown. What will happen as rent day approaches this week?
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NewsM&S chair Norman: We are working in ‘ways we have never operated before’
The chair of Marks & Spencer says the coronavirus emergency has forced the retailer to operate “in ways we have never operated before”.
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AnalysisAnalysis: Can Primark afford not to sell online?
Primark parent company ABF’s financial director John Bason told Retail Week this week that going online was still “not a priority” and Primark would be as relevant as ever to shoppers through its reopened bricks-and-mortar stores.
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NewsShop prices fall at fastest rate since 2006 as Covid-19 hammers sales
Shop prices fell at their fastest rate since 2006 as the coronavirus crisis and non-essential store closures drove struggling retailers to launch big promotions in categories such as clothing and furniture.
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NewsTed Baker founder Kelvin halves stake in fundraising bid
Ted Baker’s founder Ray Kelvin has slashed his stake in the business by 55% as investment firm Toscafund surpasses him as the company’s largest shareholder.
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NewsAldo falls into administration amid coronavirus troubles
The UK division of Canadian footwear specialist Aldo has collapsed into administration, blaming its travails on the impact of the coronavirus pandemic.
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AnalysisAnalysis: Will Ted Baker’s new ‘growth formula’ put it back in fashion?
After enduring a torrid 2019 marred by numerous profit warnings and seismic change at management level, Ted Baker has unveiled a new strategy designed to take the business forward. Retail Week analyses whether it will be enough to return the fashion brand to its former glories
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NewsPrimark: Online ‘not a priority’ as it prepares for stores reopening
Primark will not prioritise the creation of a transactional online business despite the rise of ecommerce during the Covid-19 pandemic.
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NewsJD Sports to reopen ‘as many stores as possible’ on June 15
JD Sports will reopen most of its store estate from June 15, according to a note from Peel Hunt.
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NewsBoohoo threatened with lawsuit over ‘sham Sales’
Online fashion powerhouse Boohoo is confronting the prospect of a $100m lawsuit in the US over claims that consumers were misled with ‘sham Sales’.
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NewsTed Baker launches fundraising to drive recovery after profits collapse
Ted Baker has reported a plunge into loss last year and unveiled a fundraising to enable a return to growth.
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NewsPrimark targets June 15 reopening for majority of stores
Value fashion giant Primark aims to open its English stores a fortnight today, by which time the majority of its international estate will be trading again.
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NewsInstagram launches digital fashion tie-up with Facebook Shops
Instagram has launched a ‘Fashion Week 2020 Playbook’ to help fashion retailers and brands create digital catwalks during the coronavirus crisis.
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AnalysisAnalysis: How fashion retailers can offload £15bn of old stock without huge Sales
With non-essential retail stores just weeks away from reopening their doors, many retailers now have to contend with the excess out-of-season stock that has piled up in both stores and warehouses.
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NewsMonsoon Accessorize teeters on brink putting 3,500 jobs at risk
Monsoon Accessorize is on the brink of becoming the latest retailer to tumble into administration amid the coronavirus crisis, putting 3,500 jobs at risk.
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NewsBoohoo snaps up remaining stake in PrettyLittleThing
Boohoo has acquired the minority 34% stake to wholly own PrettyLittleThing shortly after mounting a defence of its ownership of the brand against a short-seller attack.
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NewsJohn Lewis unveils ‘gradual’ phased reopening plans
John Lewis has unveiled its plans for a “gradual” reopening beginning with two stores on June 15, with customer and staff response to social distancing to be taken into account ahead of further openings during the summer.
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AnalysisAnalysis: Will coronavirus spell the end of the retail head office?
With most offices closed due to the ongoing coronavirus pandemic, working from home has become the norm for many. Retail Week analyses whether the pandemic will finish off the traditional retail head office.
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NewsMorrisons to open first standalone clothing and homewares store
Supermarket chain Morrisons is set to open its first standalone clothing and homewares store in a bid to increase sales of its Nutmeg label.
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NewsScS ‘well positioned’ to navigate coronavirus as it reopens stores
ScS has said it is “well positioned” to survive the ongoing coronavirus crisis after it reopened 80 stores and its distribution network for deliveries in England.