The Debenhams webstore may still be operational pending any news on whether the brand will be bought by Frasers Group, but it has ceased taking orders in the Republic of Ireland for now due to Brexit complications.
There’s an air of inevitability when it comes to UK footfall figures in these dark days of physical retail. So no surprises that shopper numbers for the week commencing 27 December plummeted 72.3% on a year ago.
Joules had a better than expected festive trading season and despite a massive plunge is physical store sales, it still managed to drive revenues upwards overall as its web sales more than filled the gap.
Matchesfashion may have made a loss in the 12 months immediately before the pandemic hit last year, but its directors said they were “satisfied” with the results in the year as sales rose and it invested in the business.
Fashion, beauty and home retail giant Next reached a milestone on Wednesday as its shares rose and its market capitalisation topped £10 billion. It also has the opportunity to capitalise on the Debenhams collapse.
PVH's Tommy Hilfiger opened applications for the third edition of its Fashion Frontier Challenge on Wednesday with an aim this year "to amplify and support black, indigenous and people of color entrepreneurs".
Harvey Nichols has promoted its COO to its top job with Manju Malhotra becoming CEO. She now runs the UK and international stores, plus the online business, at the toughest time for luxury retail in decades.