Fashion bosses slash salaries after asking taxpayer to pay staff amidst devastating drops in sales By Tom Witherow For The Daily Mail Published: 21:57 BST, 3 April 2020 | Updated: 21:57 BST, 3 April 2020 Hit hard: Topshop has recently turned to supermodel Lottie Moss to front its fashion campaigns Fashion bosses slashed their salaries … Read more
January sales for flights and holidays may be too good to be true: Which? research found past deals didn’t always add up, with some cheaper AFTER the sale ended Which? Travel has conducted three investigations into holiday deals since 2017 In previous years it found that half were the same price or cheaper after the … Read more
Sainsbury’s slips over the crucial Christmas spell as it’s dragged down by falling toy sales at Argos Sainsbury’s retail sales fell 0.7 per cent in the 15 weeks to 4 January Toy and gaming sales were ‘significantly’ lower at Argos Retailer warned trading is set to remain ‘highly competitive and promotional’ By This Is Money … Read more
Surge in DIY sales boosted B&Q before lockdown as homeowners prepared to use time to improve their properties By Tom Witherow For The Daily Mail Published: 21:51 GMT, 27 March 2020 | Updated: 21:51 GMT, 27 March 2020 Demand for DIY and garden equipment surged in the weeks before the coronavirus lockdown, according to B&Q’s … Read more
Brits are flocking to buy vitamin C supplements in a desperate bid to protect themselves from the coronavirus. Companies selling the supplements say they’ve seen soaring demand for the vitamins, which have long been touted as an immune system booster. Healthspan, based in the UK, revealed its sales had tripled in the past week alone, … Read more
Fashion retailer Quiz joins other retailers as it warns of sales slump and ditches guidance on profits Quiz saw a ‘substantial’ fall in traffic online and in stores, which shut on 22 March It warned closures will have an impact on its full-year profits to the end of March By Camilla Canocchi for Thisismoney.co.uk Published: … Read more
Apple could delay the launch of its 5G iPhone 12 ‘by months’ over fears of low sales and supply chain constraints during the coronavirus pandemic Sources told news site Nikkei that Apple is in talks to postpone iPhone 12 launch US-based firm is worried the coronavirus pandemic will see the phone flop Supply chain hurdles and … Read more
Facebook says ad revenue has slumped due to coronavirus outbreak, despite increase in user activity on the platform Despite the fact that users are spending more time on Facebook, advertising revenue has fallen Facebook shares tumbled by one percent following a nearly nine percent hike ‘We’ve seen a weakening in our ads business in countries … Read more
Games Workshop shuts down all stores and warns of coronavirus impact on its sales as UK goes into lockdown Retailer warns performance has been impacted by the coronavirus pandemic It has closed down all of its stores and warehouses with immediate effect Coronavirus symptoms: what are they and should you see a doctor? By Camilla … Read more
Smartphone shipments tumbled 38 percent in February, the biggest single month decline in the industry’s history – driven by factory shutdowns in Asia and growing consumer anxiety about the coronavirus pandemic Smartphone makers shipped 37 million fewer units in February 2020 than 2019 The 38 percent decline was the biggest single month fall in history … Read more