Gap has confirmed that it’s to close 19 UK and Republic of Ireland stores this summer. It follows a bruising pandemic period and news backs in October that the US firm was launching a review of its European business.
French Connection said on Tuesday it was mulling a sale and sought potential suitors as Spotlight Brands and Gordon Brothers backed out from making an offer to buy the struggling British fashion retailer.
A very short statement from Boohoo Group on Friday confirmed that yes, it is interested in buying the remaining brands owned by failed Arcadia, a move that means the entire Arcadia empire going online-only.
Standing out in a crowd of glamorously dressed guests, Bernie Sanders showed up for the US presidential inauguration in a heavy winter jacket and patterned mittens, spawning the first viral meme of the Biden era.
As many as 177,000 jobs were lost from UK retail last year, a new study from the Centre for Retail Research (CRR) showed on Friday. That’s up by a quarter on 2019 and CRR's predicting another 200,000 to be lost in 2021.