
Warpaint London, the beauty specialist that owns the W7 and Technic brands, reported 2019 results on Wednesday and said sales to the EU have grown, while a Tesco deal could be the first of many. But profits are down.
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Warpaint London, the beauty specialist that owns the W7 and Technic brands, reported 2019 results on Wednesday and said sales to the EU have grown, while a Tesco deal could be the first of many. But profits are down.
The coronavirus crisis could lead to a change in the way retail rents are calculated in the UK with a move away from the long leases and upward-only rent reviews that have been the norm until now.
There are doubts around the potential for the footwear chain Office to find a buyer as private equity investors have reportedly stepped back from making firm bids.
The coronavirus pandemic has made an already difficult timeline for a British-European Union trade deal “virtually impossible”, Irish Foreign Minister Simon Coveney said.
UK retailers have a huge opportunity in China as it recovers from the coronavirus crisis with new research saying 76% of consumers there who’ve bought British goods online plan to increase their spend this year.
It may come as no surprise, but UK consumer confidence has fallen in the latest month with the coronavirus lockdown also forecast to create a further slide in the way consumers feel.
The gradual shrinking of the Jack Wills chain is continuing with news on Thursday that another 17 of the shops are being permanently closed.
M&S's fashion business is suffering even though its grocery operation is seeing an uplift. It's now planning for a prolonged clothing downturn but said it has plenty of cash to see it through.
Retail analysts have reportedly warned that malls giant Intu is running out of time to fix its debt-saddled finances and that a drop in its portfolio value this year similar to 2019’s could be the last straw.
Barclaycard and Ipsos Retail Performance released their regular monthly spending and footfall studies this week and both contained bad news for the fashion sector, with lots of uncertainty ahead as well.