Third of UK consumers cut back on spending as uncertainty mounts
The Covid-19 pandemic has prompted a significant drop in consumer sentiment in the UK, with just 17% of Britons saying they believe the economy will rebound in the next 2-3 months.
The Covid-19 pandemic has prompted a significant drop in consumer sentiment in the UK, with just 17% of Britons saying they believe the economy will rebound in the next 2-3 months.
Lookfantastic owner The Hut Group is fighting the coronavirus-related disruption across the airline industry with the launch of its own dedicated cargo planes.
The British Retail Consortium has named former Asda boss Tony DeNunzio as its new chairman elect. He will succeed Richard Pennycook whose tenure comes to an end on 20 May.
Laybuy, the buy now, pay later specialist from New Zealand, hosted its first day of deals for UK customers on Thursday in partnership with some of Britain’s best-known retailers.
Victoria Beckham’s namesake fashion brand is back in the news again after being sued by a former employee who allegedly suffered a hand injury due to long working hours.
The online brand is looking to expand into new markets after securing an investment from private equity firm True, which has previously backed sustainable childrenswear brand Frugi.
John Lewis Partnership has scrapped plans to have a single boss for both John Lewis and Waitrose, announcing the creation of two new executive director roles.
David Beckham has ended his partnership with Kent & Curwen, the premium menswear brand he helped resurrect in 2015, following its sale to China’s Shandong Ruyi International.
Klarna has pledged to donate $1, £1 or €1 for every Pay Later transaction placed at Asos on Wednesday 29 April to the International Committee of the Red Cross .
The Goldsmiths’ Company and Charity has created a £1 million coronavirus fund to support UK-based jewellers, silversmiths and allied industry professionals during the crisis.
The fourth cohort of start-ups features innovations from the US, UK, Germany, Czech Republic and the Netherlands, joining the first Dream Assembly programme to run in its entirety with a...
Atterley, the online fashion marketplace, has launched a crowdfunding campaign to support its expansion plans after seeing sales surge by over 200% during the Covid-19 lockdown.
Mulberry has started producing reusable PPE gowns in its Somerset factories, with a goal to deliver over 8,000 over the coming weeks. The gowns are crafted with a fluid-resistant and...
The administrators of womenswear brand LK Bennett have received creditor approval to extend the administration process by 12 months. The extension was primarily sought due to “ongoing...
The executive, who has worked at the company since 2013, takes over from Josep Barberá, who is leaving Mango after a year to pursue a personal project.
A design competition for footwear students will go ahead despite the Covid-19 crisis, with judges deliberating via email and video conference.
Shares in Hammerson have plunged by more than 7% after the shopping centre owner revealed that its plan to raise £400 million by offloading a portfolio of retail parks has failed to...
The luxury fashion house has launched a global pricing alignment strategy to ensure customers pay the same price for its products anywhere in the world.
Space NK has launched a new online platform offering virtual masterclasses with renowned makeup artists, Zoom skincare consultations and live Q&A sessions.
The designer brand has released a video featuring spoken word artist Kai Isaiah Jamal to celebrate a new partnership with Canopy, a non-profit organisation dedicated to protecting...
Burberry has launched a Spring/Summer 2020 edit of styles crafted from sustainable materials to coincide with the global roll-out of dedicated sustainability labels.
HSBC Bank has agreed to give occasionwear brand Quiz an extension to its banking facilities while it undertakes a review of various potential trading scenarios during the pandemic.
In a bid to continue operating during the lockdown, sample sales organiser Curate is taking its physical pop-up events into the digital world.
Primark is not considering making the jump to e-commerce, despite seeing sales plunge from £650 million a month to zero due to store closures.
The UK department store chain has warned that sales could fall by as much as 35% this year as a result of the Covid-19 outbreak.
The fashion and homewares retailer is being sold back to its Hong Kong-based owner via a pre-pack administration deal, in a move that will see all 60 UK stores close their doors.
Yoox Net-A-Porter has donated a number of delivery vans to non-profit God’s Love We Deliver in New York to support the charity’s Emergency Shelf-Stable Meal Drive.
The brand has agreed to pay suppliers an extra £370 million after being criticised for cancelling orders due to the coronavirus. The deal covers products which were in production or due...
The Schuh Trust has announced a donation of £3m to Covid-19 relief efforts. £2m will be donated to the National Emergencies Trust and £1m to the NHS Charities Together Covid-19 Appeal.
The tool, which will be free to use during the coronavirus crisis, creates a centralised space for design teams to build new collections.