Frasers Group is counting the costs of Covid-19 lockdowns to its business and says they could come to more than £100m in the second half of its financial year alone. If so, its asset writedowns for the year would come to at least £224.9m, following a first-half impairment provision of more than £120m
Almost two-thirds of retailers and brands based in Great Britain say they will have to stop selling their goods to Northern Ireland unless new trading arrangements can be put in place within weeks, according to a new survey
Urban Outfitters says it has seen strong customer engagement and sales at both its Anthropologie and BHLDN brands during the Covid-19 pandemic. The retailer has used virtual and in-store appointments and email consultations to engage with more than 25,000 customers since April 2020 while also following social distancing guidelines
Prime Minister Boris Johnson today said that retailers could open non-essential shops as early as April 12 – subject to Covid infection rates staying under control and the vaccine programme continuing to roll out successfully. But retailers say they need more detail on the dates and on the support that the industry will receive as it looks to emerge from the pandemic
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