All Fashion articles – Page 165
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NewsBoohoo launches independent review into supply chain following slavery allegations
Boohoo has launched an independent review into its UK supply chain and committed to invest £10m to “eradicate supply chain malpractice” as pressure over modern-day slavery allegations mounts.
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NewsJD Sports boss says retail CVAs will ‘accelerate’ post-coronavirus
JD Sports executive chair Peter Cowgill has said the rate of retail pre-pack administrations and company voluntary arrangements (CVAS) will pick up in the wake of the pandemic.
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NewsAsos, Next and Zalando cull Boohoo brands amid slavery allegations
Asos, Next and Zalando have pulled Boohoo products from their websites following allegations of modern slavery at a warehouse in Leicester, Retail Week can reveal.
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OpinionOpinion: Boohoo should cut ties with Leicester following sweatshop revelations
Online fashion star Boohoo has become too big to countenance links with Leicester factories alleged to operate under Dickensian conditions in flagrant breach of the law.
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NewsRiver Island to cut 250 head office jobs as coronavirus costs bite
River Island is axing 250 head office roles in a bid to reduce costs following the fall in sales triggered by the coronavirus pandemic and subsequently reduced footfall.
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NewsSosandar cuts losses as quarterly sales rise
Fashion etailer Sosandar has reported a resilient performance in its first quarter, when sales rose and losses fell.
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NewsAll Saints wins creditor backing for CVA
Fashion retailer All Saints’ CVA proposals have won the support of creditors.
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NewsJD Sports posts profits rise and calls for ‘rental realism’
JD sports has posted a rise in sales and profits and said it expects to continue to prosper despite the impact of coronavirus and a changing landscape.
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OpinionFiona Lambert: Leicester must break vicious cycle and restore great fashion factories
With a long career in the fashion and textile industry and living and working in Leicester, I’ve been deeply saddened by the reports that garment manufacturing has potentially had a part to play in the spread of Covid-19 and the extended lockdown.
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NewsTop investors pledge to engage with Boohoo on modern slavery claims
Two of Boohoo’s biggest investors have promised to engage with the online fashion giant over allegations of modern slavery at Leicester clothing factories.
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NewsBoohoo faces modern slavery allegations at Leicester warehouse
Boohoo has become embroiled in a modern slavery row amid claims that workers at factories in Leicester are being paid as little as £3.50 per hour.
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NewsPrimark boss on reopening success: ‘Online can’t compete with our low prices’
Primark’s performance since reopening shows the continued relevance of its low-price, bricks-and-mortar business model that trumps online rivals, bosses believe.
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NewsPrimark ‘encouraged’ by trade since reopening but profits to plunge
Value fashion giant Primark’s profits will be down by about two thirds this year, but trading in reopened stores has been encouraging.
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GalleryIn pictures: The retailers opening new stores in lockdown
While many retailers have tightened their belts to counter the impact of the coronavirus pandemic, some have used the time to launch new concept stores to expand their reach.
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NewsHarrods to slash hundreds of jobs as coronavirus craters tourism
Luxury department store Harrods is poised to make hundreds of redundancies, blaming the coronavirus pandemic for stifling sales and driving down tourism.
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NewsArcadia to cut 500 head office roles in post-coronavirus restructuring
Arcadia plans to cut a fifth of its head office staff in a bid to cut costs following the coronavirus pandemic.
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NewsTM Lewin shutters stores after tumbling into administration
Shirtmaker TM Lewin is set to close all of its UK stores, putting over 600 jobs at risk, after it fell into administration due to the impact of the Covid-19 pandemic.
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NewsOnline sales hit record high as lockdown eases
Multichannel retailers led the way as online sales soared in the week beginning June 15, despite stores reopening their doors to the public.
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NewsBoohoo faces investor scrutiny over £150m bonus scheme
Boohoo has been criticised by a growing number of investors for the implementation and timing of its new bonus scheme, which could see its bosses receive a £150m payout.
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NewsKanye West’s Yeezy to partner with Gap
Rapper Kanye West has signed a “multi-year partnership” deal to launch Yeezy Gap – a new line of men’s, women’s and children’s clothing that will launch in Gap’s stores and online in 2021.