Retail

News & Analysis

Debenhams Prepares to Enter Administration for a Second Time in a Year

6 April 2020 • By Reuters

6 April 2020 • By Reuters

The British department store said it plans for a ‘light touch’ administration while its 142 stores remain closed under the coronavirus lockdown and 22,000 staff are furloughed.

News & Analysis

Debenhams Prepares to Enter Administration for a Second Time in a Year

The British department store said it plans for a ‘light touch’ administration while its 142 stores remain closed under the coronavirus lockdown and 22,000 staff are furloughed.

BoF Professional Exclusive

Does Chanel's Barely There E-Commerce Strategy Make Sense in the Pandemic?

6 April 2020 • By Chantal Fernandez

BoF Professional Exclusive

Does Chanel's Barely There E-Commerce Strategy Make Sense in the Pandemic?

The luxury giant does not sell fashion, fine jewellery or watches online, leaving it without alternatives for many of its lucrative categories as stores are closed.

BoF Professional Exclusive

What Will Stores Look Like Post-Pandemic?

5 April 2020 • By Brian Baskin

BoF Professional Exclusive

What Will Stores Look Like Post-Pandemic?

This week everyone will be talking about the future of retail in a post-pandemic world, the state of the "drop" model and the proliferation of spring sales. Get your BoF Professional Cheat Sheet.

News & Analysis

H&M to Cut Working Hours Amid the Covid-19 Outbreak

2 April 2020 • By Reuters

2 April 2020 • By Reuters

As the global pandemic mounts, the retailer announced it is in talks with thousands of its employees about reducing hours to curb the spread of the virus.

News & Analysis

H&M to Cut Working Hours Amid the Covid-19 Outbreak

As the global pandemic mounts, the retailer announced it is in talks with thousands of its employees about reducing hours to curb the spread of the virus.

BoF Professional Exclusive

China’s Battered Fashion Industry Up and Running Again

2 April 2020 • By Casey Hall

BoF Professional Exclusive

China’s Battered Fashion Industry Up and Running Again

Green shoots of recovery emerge in China after more than 780 million people endured some level of quarantine for two months. But how long will it take for pre-pandemic levels of spending to return?

News & Analysis

UK Businesses to Lean Heavily on Government Support

2 April 2020 • By Reuters

2 April 2020 • By Reuters

Almost half of British companies expect to furlough 50 percent or more of their workforce, according to a survey, meaning reliance on a government scheme that will pay up to 80 percent of employee wages.

News & Analysis

UK Businesses to Lean Heavily on Government Support

Almost half of British companies expect to furlough 50 percent or more of their workforce, according to a survey, meaning reliance on a government scheme that will pay up to 80 percent of employee wages.

BoF Professional Exclusive

What To Do About Rent

2 April 2020 • By Cathaleen Chen

BoF Professional Exclusive

What To Do About Rent

As the coronavirus pandemic continues, tenants and landlords are on a collision course over rent. But retailers may have the market advantage, real estate experts say.

Fashion Executives Braced for Pain, But Optimistic Long-Term, Says BoF Survey

1 April 2020 • By Sarah Kent

Fashion Executives Braced for Pain, But Optimistic Long-Term, Says BoF Survey

Senior industry managers have a nearly unanimously bleak outlook on how the Covid-19 pandemic will affect business performance, but long-term most are optimistic their companies will rebound, according to a survey conducted by The Business of Fashion.

A Quick Guide to Financial Support for Small Fashion Businesses

31 March 2020 • By Rachel Deeley

A Quick Guide to Financial Support for Small Fashion Businesses

BoF breaks down the emergency loans, grants and other measures designed to support small businesses suffering from the impact of coronavirus in key fashion markets.

News & Analysis

Macy's to Furlough Nearly 130,000 Employees

30 March 2020 • By Reuters

30 March 2020 • By Reuters

The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.

News & Analysis

Macy's to Furlough Nearly 130,000 Employees

The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.