All Fashion articles – Page 170
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NewsSuperdry European footfall rebound gives confidence for UK
Shopper footfall has bounced back at reopened Superdry stores in Germany, giving grounds for optimism that the same will happen when the UK emerges from coronavirus lockdown.
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NewsSuperdry full-year sales slide as it explores financing options
Superdry has reported a slump in full-year sales exacerbated by the outbreak of coronavirus.
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AnalysisAnalysis: Coronavirus – the devastating impact on fashion’s supply chain
As shuttered fashion retailers cancel orders, suppliers around the world face a bleak future. Grace Bowden looks at the impact of the coronavirus crisis on retail’s supply chain.
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AnalysisDispatch: Six of the best global innovations sparked by coronavirus
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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NewsCMA blocks JD Sports-Footasylum merger despite coronavirus uncertainty
Following a phase two investigation, the CMA found the merger would “lead to a substantial lessening of competition nationally” in the footwear sector and would leave customers with “fewer discounts or receiving lower quality customer service”.
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NewsJ Crew becomes first major coronavirus casualty in the US
J Crew has become the first major US retailer to file for bankruptcy protection since the coronavirus lockdown was enforced.
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NewsSports Direct staff claim they were asked to work on furlough
Store managers at tycoon Mike Ashley’s Sports Direct and House of Fraser businesses were asked to work while on furlough, it has been alleged.
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AnalysisLockdown boom: Five retailers given a boost by housebound shoppers
Although coronavirus is hitting most non-food retailers hard, some businesses have been given a boost by the lockdown. Retail Week looks at some of those winning right now.
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NewsTK Maxx restarts online trading with ‘significant’ safety measures
Discount variety retailer TK Maxx has relaunched its online business more than two weeks after it stopped taking orders having made “significant changes” to operate safely.
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AnalysisCoronavirus: Next’s Lord Wolfson on cash, customers and trading safely
As fashion bellwether Next reports a “faster and steeper” fall in sales in the wake of the coronavirus outbreak than expected, how is the retailer adapting to tough conditions afflicting the whole industry?
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NewsNext warns sales fall during coronavirus ‘faster and steeper’ than anticipated
Next has issued a lengthy trading update warning that the fall in sales as a result of the coronavirus has been “faster and steeper” than it anticipated in March.
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NewsCoronavirus: Shop prices plummet at sharpest rate since 2017
Shop prices fell in April at their steepest rate in over three years, exacerbated by non-food, as retailers grappled with the impact of economic uncertainty on consumer confidence and discretionary spending triggered by coronavirus.
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NewsOasis and Warehouse boss Hash Ladha exits
Oasis and Warehouse’s group chief executive Hash Ladha has stepped down from his role as the company continues its administration process.
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NewsMarks & Spencer secures fresh funding and warns of ‘subdued’ trading
Marks & Spencer has secured fresh funding as it moves to shore up its balance sheet during the coronavirus crisis.
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NewsRetailers cancel £2.5bn of orders from Bangladesh amid coronavirus crisis
British retailers have cancelled an estimated £2.5bn in clothing orders from Bangladeshi suppliers, pushing the country’s garment industry towards a “major crisis”.
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VideoHas retail changed forever? Inside the mind of the post-coronavirus consumer
The coronavirus pandemic has already sparked a seismic shift in the way people behave and shop, but what longer-lasting effects will it have on the retail industry and its customers?
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NewsCoronavirus: JD Sports boss Cowgill takes 75% pay cut
JD Sports has launched a range of cost-cutting measures and delayed the publication of its preliminary results amid the coronavirus pandemic.
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NewsSharpest decline in retail sales on record as store closures bite
The Office for National Statistics (ONS) has recorded the steepest decline in retail sales in March since the tracker was launched in 1996.
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AnalysisThe Big Question: Are retailers failing their suppliers if they don’t pay for cancelled orders?
As Asda comes under fire for cancelling clothing orders with suppliers and Primark pledges a further £370m in its supplier support package, are fashion retailers doing enough to support their wholesale partners? Retail Week asks industry experts for their views.
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NewsMarks & Spencer acts to support clothing suppliers during pandemic
Marks & Spencer has implemented a raft of measures to help suppliers ride out disruption during the coronavirus outbreak.