Coronavirus: DFS chiefs to take pay cut and New Look pauses production to address impact

DFS bosses will take a pay cut to help finances during the coronavirus outbreak

Action includes DFS directors taking pay cuts and New Look pausing all production, as well as both cutting marketing spend.

DFS said that as well as temporarily shutting its branches and manufacturing facilities, it was also suspending deliveries ”to protect our people and our customers”.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now