All Fashion articles – Page 128
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Opinion
Move of the Week: Ted Baker’s new boss faces its toughest ever test
It is testament to the job Rachel Osborne has done under the most difficult of circumstances that the former Debenhams finance chief has been trusted to lead Ted Baker through the toughest period in its history.
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News
Arcadia furloughs staff as senior team take pay cuts
Arcadia has said it will furlough “a substantial number” of staff, and its board and senior leadership team will take salary reductions as it battles to deal with the fallout from the ongoing coronavirus crisis.
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Opinion
Opinion: Retail must act now to help its people through this crisis
Retail always has been and always will be a people industry. People are the heart and soul of this sector and help make it such a vibrant and dynamic trade for us, as journalists, to have the pleasure of covering.
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News
Coronavirus: Shoppers move online at ‘phenomenal’ rate during lockdown
Consumers are switching to online shopping at a “phenomenal” rate during the coronavirus lockdown, new research has revealed.
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News
Laura Ashley administrators make redundancies and furlough staff
The administrators in charge of winding down Laura Ashley announced overnight they had made more than 200 redundancies and placed the retailer’s remaining store staff on furlough.
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News
Shop prices fall as food inflation eases pre-coronavirus
Shop prices fell in March driven by falling non-food prices and easing food inflation, but BRC boss Helen Dickinson warns that grocery prices may rise amid seasonal shift and increased demand.
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News
JD Sports withholds all rent and service charges for the quarter
JD Sports did not pay any rents or service charges across its store estate for the second quarter of the year and is in discussions with its landlords about the rents due in June.
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News
Asos warehouse should stay open, staff union says
The trade union that represents Asos’s Barnsley distribution workers wants the warehouse there to carry on trading, rejecting calls for its closure by rival unions and politicians who have questioned coronavirus safety measures at the premises.
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News
Arcadia defers pension payments and cancels supplier orders
Topshop parent company Arcadia has launched a series of measures to cut down on costs amid the coronavirus crisis, including deferring payment into its pension scheme.
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Analysis
Analysis: Can non-essential retailers trade online without damaging their brand?
Since the government forced all ‘non-essential’ shops to close last Monday, many retailers have found themselves at something of an impasse.
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News
Ted Baker names Rachel Osborne as permanent boss
Ted Baker has named Rachel Osborne as its permanent chief executive, four months after taking on the role in an acting capacity.
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News
Zalando warehouses to stay open despite fall in consumer demand
Pureplay fashion retailer Zalando says it will keep its warehouses open in a bid to preserve “business continuity” despite saying it had seen a drop in consumer demand for its products due to the coronavirus pandemic.
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Analysis
Data: How online demand has changed since coronavirus lockdown
As Next and TK Maxx suspend online operations, the latest data shows the UK’s online spending habits have shifted since the coronavirus lockdown began and are now skewed towards essential provisions and the home, garden and electricals categories.
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News
H&M threatens to walk away from leases without post-coronavirus sales revival
Swedish fashion giant H&M has threatened landlords with walking away from store leases if they do not see a return in turnovers to pre-coronavirus levels once the pandemic passes.
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News
Coronavirus: Next and TK Maxx halt online orders
Fashion giants Next and TK Maxx have closed their warehouses and stopped taking online orders to protect staff from the coronavirus pandemic.
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News
Net-a-Porter closes UK warehouse and Asos hits back at union health claims
Pureplay luxury fashion brand Net-a-Porter confirmed it will close its UK distribution centre in the next few days, while Asos lashed out at union claims it is ‘playing Russian Roulette’ with warehouse workers’ lives.
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News
Schuh closes online operations to ensure staff ‘safety’ amid coronavirus outbreak
Schuh is temporarily shuttering its online operation alongside store closures “to ensure the safety of our teams and customers”.
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News
Dixons Carphone, Quiz and Topps Tiles warn of coronavirus-induced sales falls
Dixons Carphone, Quiz and Topps Tiles have all removed their guidance on profits following the government mandate that they shut all their stores to stem the spread of coronavirus.
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News
Primark holds back rent as coronavirus pandemic decimates trading
Fashion giant Primark has withheld its quarterly rent due today and is seeking to revise terms with landlords urgently due to the “unprecedented” circumstances caused by the coronavirus pandemic.
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Analysis
Analysis: As UK enters coronavirus lockdown, how should retailers respond?
The country is in lockdown and retailers of goods and services not deemed essential have been ordered to shut stores. As the industry finds itself in uncharted territory, Retail Week analyses how businesses can operate and what it means mean for the future of multichannel retail.