Primark has revealed further measures to tackle the impact of the Covid-19 pandemic, including putting all store employees on furlough and introducing pay cuts across its HQ and office functions for the next 12 weeks.
Consumers are continuing to buy luxury items during the international lockdown with online sites in Britain seeing particular interest in designer handbags and expensive sneakers, a report said on Tuesday.
Stockmann offered an update on its parent company restructuring process on Tuesday saying that the District Court of Helsinki has ruled a temporary prohibition of debt collection and appointed an interim administrator.
Boohoo is one of the few big-name UK fashion retailers not to have updated the market on its trading. And in the absence of guidance, it seems worker comments about booming sales are being leapt on by share buyers.
Supima, often dubbed the "cashmere of cotton", has supplied dozens of alumni of its Supima Design Competition with fabric to create masks and gowns for medical workers and organizations in the Covid-19 frontlines.
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