Superdry secures £70m in extra funding
August 10, 2020 12:26 pmSuperdry has agreed a £70 million extra funding deal with its banks to help it through the coronavirus crisis. The new asset backed lending facility provided by HSBC and... View Article
Tag Archive: fashion retail
Latest News: fashion retail
M&Co to axe 380 jobs as part of restructuring
August 5, 2020 11:53 amFashion retailer M&Co has completed a financial restructuring exercise which will save 2,200 jobs, although 380 roles will be made redundant. The company has also been put into... View Article
French Connection secures funding from Hilco
July 27, 2020 6:00 amFashion retailer French Connection has said in-store sales have been impacted by low footfall since they reopened after the Covid-19 lockdown as it also reported that it... View Article
White Stuff appoints new non-executive director
July 24, 2020 7:25 amThe White Stuff fashion brand has appointed Gareth Jones as a non-executive director. Jones has previously worked as chief executive of Muscle Food and online chief executive of... View Article
Jigsaw hires advisors as it mulls potential sale
July 22, 2020 5:51 amFashion brand Jigsaw has appointed two sets of advisors to carry out a strategic review of its business. The process could result in a possible sale. KPMG... View Article
Ted Baker reports ‘resilient’ trading
July 21, 2020 3:50 pmFashion retailer Ted Baker has described its trading as resilient in the 11 weeks to 18 July after it benefited from a particularly strong performance online. The... View Article
White Stuff cuts nearly 400 jobs
July 20, 2020 6:47 amFashion brand White Stuff has cut 390 jobs within its retail team and head office as part of a restructuring plan. Some 290 store staff are... View Article
Ted Baker plans 500 job cuts
July 20, 2020 5:33 amTed Baker is understood to be planning to cut 500 jobs from its workforce of 2,000 across the UK. According to a report in The Sunday Times,... View Article
ASOS grows sales by 10% as it pledges to repay furlough support
July 15, 2020 8:06 amASOS grew its group sales climb by 10% to £1.01 billion in the four months to 30 June as it benefited from increased demand from customers and more warehouse capacity. The online... View Article
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