The company is working to support its staff, contribute to pandemic relief efforts, and boost its financial flexibility by drawing down from its revolving credit facility, suspending its quarterly cash dividend and more.
Cath Kidston needs to find a buyer urgently, a news report said at the weekend. The company is believed to have called in Alvarez & Marsal (A&M) to conduct an urgent review of its options and ask for fast bids.
With North American retailers implementing store closures to combat the spread of Covid-19 since the weekend, Tuesday’s announcements have come from the likes of Macy's, Ralph Lauren, AEO, Foot Locker and Tapestry.
Following its announcement of record annual sales, the international fragrance company has reported a 12% increase in full-year earnings but reduced its 2020 outlook due to the ongoing coronavirus outbreak.
The original American house of leather has teamed up with the cult Japanese streetwear label for an apparel and accessories collection bringing together the two brands’ signature styles for a colorful urban fusion.
The footwear and accessories retailer is teaming up with the global superstar for a business partnership that will see the exclusive launch of the JLO Jennifer Lopez brand at DSW Designer Shoe Warehouse.