November was a fairly lukewarm month for Uniqlo chain in its domestic market, but at least Japanese sales didn't fall. In fact comparable sales, including online, were up 0.5% year-on-year, while total sales rose 0.8%.
The UK's business secretary, has pledged support for those affected by the Arcadia administration filing. He didn’t mention Debenhams, but it's to be assumed there will also be support for those hurt by its failure.
Supermarkets giant Tesco said on Wednesday that it’s repaying the £585 million worth of business rates relief it received from the government as part of the retailer support offered during lockdowns this year.
The American lifestyle group has announced the opening of Orefici11, a multibrand concept store, where the company's Timberland, The North Face and Napapijri brands have been brought together for the first time.
Adidas and Prada have revealed the latest stage of their style collaboration and this time it is all about the German active sports giant marrying its technological expertise to the design savvy of the Italian marque.
As shops in England prepare to reopen on December 2, the big names are going the extra mile to encourage consumers into physical spaces after a year in which enforced closures have devastated visitor traffic and sales.
Arcadia is now operating in administration with speculation that Boohoo, Frasers, Next and M&S would be interested in buying parts of it. There are also fears over the knock-on effect on its suppliers.