Big store chains hope for Christmas cheer amid Covid chaos: Fears ‘rule of six’ law is likely to depress demand for gifts and clothing By James Salmon for the Daily Mail Published: 21:53 BST, 17 September 2020 | Updated: 21:53 BST, 17 September 2020 Britain’s biggest store chains are pinning their hopes on a bumper … Read more
Asos calls for clothing brands to reveal their supply chains in wake of Boohoo sweatshop scandal By Daily Mail City & Finance Reporter Published: 21:51 BST, 7 August 2020 | Updated: 21:51 BST, 7 August 2020 Asos has demanded greater transparency from brands which want to sell their clothes on its site, following an industry-wide … Read more
Jobs bloodbath deepens: Sofa firm DFS Furniture is set to axe 200 workers after suffering £271m lockdown sales hit as travel firm Skyscanner sheds 84 posts at its Edinburgh base Sofa chain is making a ‘targeted reduction’ of roles amid overhaul of two brands Warning came as it said revenues slumped to around £725m in … Read more
Britain’s shops are busily preparing for a stampede of customers on Monday when they fling open their doors for the first time since lockdown. Hundreds of stores will roll up the shutters next week after Boris Johnson announced the next phase of lockdown loosening, aimed to inject some life back into the nation’s struggling high … Read more
Britain’s high streets are preparing for a manic Monday as some of Britain’s biggest chains have revealed their plans to throw open their doors once again and kick-start town and city centres across the country in the wake of the coronavirus lockdown. Major high street retailers such as Primark, John Lewis, and JD Sports are … Read more
Mike Ashley ally Crispin Odey ‘made £30m after shorting Debenhams stock’ before chain’s crash Odey previously backed the Sports Direct boss in boardroom disputes City sources say he made £30m shorting Debenhams stock before it crashed The short is likely to have contributed to Odey’s strong performance By Ben Harrington, Financial Mail on Sunday Published: … Read more
High-street fashion chains Oasis and Warehouse have collapsed into administration, putting 2,000 workers at risk across 92 branches and 437 concessions. The chains are expected to appoint auditor Deloitte to run their administration after coronavirus lockdown forced them to shut their 90 UK stores. The brands, which are owned by the failed Icelandic bank Kaupthing, … Read more
High Street chains Oasis and Warehouse on brink of administration – putting 2,300 jobs at risk By Daily Mail City & Finance Reporter Published: 22:46 BST, 14 April 2020 | Updated: 23:08 BST, 14 April 2020 Fashion sellers Oasis and Warehouse were on the brink of administration last night – putting 2,300 jobs at risk. … Read more
Women’s fashion chains Oasis and Warehouse were today preparing to slide into administration with 2,300 jobs now at risk during the coronavirus pandemic. The chains are expected to appoint auditor Deloitte by tomorrow at the latest to run their administration after the lockdown forced them to shut their 90 UK stores. The company, which is … Read more
Two High Street chains with 4,500 staff collapse as they become latest victims of coronavirus crisis By Tom Witherow For The Daily Mail Published: 22:10 BST, 30 March 2020 | Updated: 22:10 BST, 30 March 2020 Two High Street chains with 4,500 staff collapsed yesterday as they became the latest victims of the coronavirus crisis. … Read more