Mike Ashley’s Frasers asks suppliers to cut 20% off unpaid bills

Mike Ashley’s Frasers asks suppliers to cut 20% off unpaid invoices for stock  Sports Direct and House of Fraser are in arrears to suppliers The discount would be applied to bills for stock that would be ‘out of season’ By Neil Craven for The Mail on Sunday Published: 22:21 BST, 25 April 2020 | Updated: … Read more

Primark’s decision to cancel all its suppliers’ orders is branded ‘unethical’ and ‘apocalyptic’

Primark’s decision to cancel all its suppliers’ orders is branded ‘unethical’ and ‘apocalyptic’ By Daily Mail City & Finance Reporter Published: 21:59 BST, 1 April 2020 | Updated: 21:59 BST, 1 April 2020 Primark’s move to cancel all its suppliers’ orders has been branded ‘unethical’ Primark’s shock decision to cancel all its suppliers’ orders is … Read more

Fashion giant H&M to redirect suppliers to make masks, gowns and gloves for doctors

Fashion giant H&M to redirect suppliers to make masks, gowns and gloves for doctors By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 March 2020 | Updated: 22:24 GMT, 22 March 2020 Fashion giant H&M will redirect its suppliers to manufacture thousands of masks, gowns and gloves for doctors.  It said it would … Read more

Morrisons agrees to pay suppliers immediately to protect businesses

Morrisons agrees to pay suppliers immediately to ensure businesses do not collapse By Daily Mail City & Finance Reporter Published: 21:50 GMT, 13 March 2020 | Updated: 09:35 GMT, 14 March 2020 Morrisons has become the first major UK supermarket to agree to pay small suppliers immediately to ensure businesses do not collapse due to … Read more