Visitors to UK shops vanish during virus lockdown - survey
The number of Britons visiting shops collapsed in April as the economy shut down to stem the spread of the coronavirus, a survey showed on Monday.
The number of Britons visiting shops collapsed in April as the economy shut down to stem the spread of the coronavirus, a survey showed on Monday.
Giorgio Armani has chosen French Formula One driver and rising star of the Ferrari team Charles Leclerc to be the new face of the designer’s Made to Measure campaign for spring/summer 2020.
The owners of fashion businesses like River Island, The Edinburgh Woollen Mill Group, Arcadia, Charles Tyrwhitt, New Look and Monsoon Accessorize have all seen their estimated personal wealth fall over the past year.
M&S could be the latest retailer to put part of its SS20 line into ‘hibernation’ until SS21. Ahead of its results announcement on Wednesday, it has emerged that basics and classics could be on store rails next spring.
Springboard’s latest report on Monday said that in the first week of eased lockdown restrictions, UK footfall increased by just 3.3% from the week before across all retail destinations.
E-tailers may be seeing a flood of orders in the face of physical store closures at present, but the segment is expected to enjoy a lasting boost, according to analysts at GlobalData.
David Wolffe has been with Ted Baker on an interim basis since January, when he was brought in to oversee the finance function following Rachel Osborne’s transition into the CEO role.
Less than two weeks after Hammerson said Next would be opening beauty halls in five vacated Debenhams spaces in its malls, two of the biggest have been taken off the list. But a further 10 could be added.
Men’s make-up brand War Paint is planning further expansion after securing a £1 million+ funding package, with investment firm True leading the round as the brand's momentum grows.
Intu said Monday that its finances are precarious, so it’s seeking standstill agreements with its lenders to avoid it defaulting. It also said any agreements would help it towards fixing its balance sheet longer term.
U.K.-based multinational groceries chain Tesco PLC has found abuses against migrant workers at its stores and distribution centres in Malaysia and Thailand, it said in its annual modern slavery statement.
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