AllSaints USA's turnover rose in the 12 months before the pandemic, but the Covid crisis took it from "strong momentum" to survival mode and a CVA, although it now thinks it's in a better position to rebound in 2021.
Fashion retailer AllSaints has won creditor backing for its UK and US CVA proposals. It means it can proceed with its plans to downsize the chains with a small number of closures and strike new rent deals.
New LovetheSales.com analysis of e-shopper demand shows a hunger for luxury investment pieces as well as high street fashion for the looming day when consumers will be able to restart their social lives.
JD Sports may be one of the most successful retailers in the UK, but it's not immune to problems linked to the coronavirus crisis and on Saturday it was reported that it's to throw in the towel with Go Outdoors.