Tag: crisis


Rishi Sunak is preparing to deliver his set-piece tax and spending update on Wednesday against the backdrop of a deep recession and the threat of a sharp rise in unemployment. Here are five key charts that will underpin the policymaking Read more…


Levi Strauss CEO Chip Bergh on Monday sounded an optimistic tone for the iconic jeans manufacturer post-coronavirus pandemic, given the company’s underlying financial condition. “I fundamentally believe, through this crisis, strong brands are going to emerge from this stronger than ever,” Read more…


It seems incredible that barely a month ago, retail’s focus continued to be around how to embrace the change being brought about by the digital revolution. And then came COVID-19 which hit China in January and then in a matter Read more…


The future of Britain’s fashion industry is in severe doubt due to the global pandemic, with 35% of young and upcoming designers looking as if they will not be able to continue their businesses past the summer. The findings, from Read more…


WH Smith has successfully raised almost £166m from investors after launching an emergency cash call to shore up its balance sheet while the majority of its shops remain closed during the coronavirus crisis. The retailer managed to place 15.8m shares Read more…


A notice of intention to appoint administrators means Cath Kidston would be granted 10 days of breathing space and protection from creditors. // Cath Kidston places administrators from Alvarez & Marsal on standby // The retailer had already been undertaking Read more…

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