It’s been another tough year for Leeds Group and Covid-19 continues to be the culprit. While many British businesses are slowly recovering, UK-based-but-Germany-focused fabrics specialist is still some way off normality.
The comeback of Laura Ashley in the fashion sector has begun as Batsheva Hay’s eponymous Batsheva label has linked up with the UK brand in a way makes the most of its heritage and targets the upscale shopper.
A strike is continuing at the Clarks warehouse in Somerset, England with workers saying the struggling firm wants to fire and rehire them on contracts that will reduce their pay and worsen their conditions.
Another Manchester-based online fashion retailer is aiming to make a big impact via a TV sponsorship deal, with Ego having signed to sponsor the Channel 4 dating series The Love Trap that’s set to launch this week.
China will continue its scrutiny of the internet sector, rooting out practices including the blocking of site links by rival platforms and ensuring smaller players have room to develop, its industry minister has said.
Hard-pressed fashion retailers awaiting government plans for a major shake-up in business rates will have to wait. A call from 40 trade associations for the overhaul to be included in upcoming Budget have been dashed.