As if UK retailers didn’t have enough to contend with, there are warnings that current gridlocks at container ports and packed Channel crossings are expected to get worse in the run-up to Christmas and beyond.
Fashion retailer French Connection on Friday announced a new funding package to specifically help its US business. And it also said that trading is tough as lockdowns have dented sales, but e-tail is stronger.
Tory Burch swung to a loss in the UK and Germany in its most recent financial year, and while that year didn't include the pandemic, it said Covid has had an impact and it's impossible to predict this year's outcome.
A new report said there could be some comfort for UK fashion from Covid and Brexit as their impact combines with growing consumer interest in green issues to encourage retailers to manufacture in Britain.