May 15, 2020 10:40 am
Published by Angela Beevers
Online fashion retailer Boohoo has raised £197.7 million through a share placing. In a statement, the company said it will use the proceeds to take advantage... View Article
May 14, 2020 7:50 am
Published by Angela Beevers
Watches of Switzerland saw its group revenue increase ahead of guidance by 5.9% to £819.3 million in the year to 26 April. The owner of the Watches... View Article
May 14, 2020 6:30 am
Published by Angela Beevers
H&M has announced that its COS, Weekday, Monki, Arket and & Other Stories brands are to expand their online businesses to nine additional markets across Europe.... View Article
May 12, 2020 2:27 pm
Published by Angela Beevers
Moss Bros is to resume trading online tomorrow after implementing changes to its operations to enable social distancing. The men’s formalwear retailer is also preparing to... View Article
May 12, 2020 7:15 am
Published by Angela Beevers
Canadian footwear retailer Aldo has filed for bankruptcy protection in Canada after saying that the covid-19 outbreak put too much pressure on its business and cashflow.... View Article
May 11, 2020 11:05 am
Published by Angela Beevers
Kering has launched a €1.2 billion dual-tranche bond issue after its sales were impacted by the covid-19 outbreak. The owner of luxury brands such as Gucci,... View Article
May 7, 2020 11:37 am
Published by Angela Beevers
Superdry has said its fourth quarter performance has been “substantially impacted” by the coronavirus pandemic. Group revenue was down 36.9% in the three month period after... View Article
May 7, 2020 7:44 am
Published by Angela Beevers
Online fashion retailer Zalando expects to increase its full year gross merchandise volume by between 10% and 20%, despite a slowdown in sales during March due... View Article
May 5, 2020 7:38 am
Published by Angela Beevers
J.Crew Group has become the first large retailer in the US to file for bankruptcy protection during the coronavirus crisis. The fashion retailer has commenced Chapter... View Article