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U.K. retail

Edinburgh Woollen Mill Owner Running Out of Time to Rescue Peacocks

Owner Philip Day's rescue package would save Peacocks and its Bonmarche business, but Edinburgh Woollen Mill…

Boohoo Auditor PwC Quits—and BDO Doesn’t Want the Job, Either

PwC isn't renewing its contract as Boohoo's auditor and BDO allegedly doesn't want the "reputation risk" of…

UK Retail Faces Another Stress Test During Covid’s Second Wave

Struggling U.K. retailers run the risk of a second-wave shutdown if Wales is any indication of what's to come…

UK Plans Tax- and Duty-Free Changes in January

The U.K. plans to ax tax-free shopping and change duty-free rules on Jan. 1, much to the dismay of the retail…

UK Retail Exempt From New Three-Tier Lockdown

U.K. retail caught a break after gaining an exemption from the government's new program to curb a rise in…

Bankruptcy Fast Approaching for UK Knitwear Specialist

The firm cited "false rumors" about unpaid suppliers in the midst of the Covid-19 pandemic as compounding its…

Boohoo Earnings Show Little Hint of Sweatshop Scandal

Share prices are up 27.5 percent for 2020, despite an investigation finding "endemic" garment worker…

Stitch Fix CEO: Direct Buy Business Can be an ‘Acquisition Engine’

Stitch Fix CEO Katrina Lake shared insights into the company's direct buy, U.K. and plus-size expansions in a…

Boohoo Knew of ‘Endemic’ Problems in Garment Supply Chain, Report Finds

Boohoo CEO John Lyttle described garment workers as "important" to the e-tailer's success, but some officials…

British Fashion Council Awards Second Round of Funding to 30 Designers

Through the Council's BFC Foundation Fashion Fund, 500,000 pounds ($636,000) has been distributed across the…

Buyer Rescues Bankrupt Aldo UK, Saves Hundreds of Jobs

The footwear firm will have a streamlined presence across the U.K.

Are Changes Ahead for Peacocks and Edinburgh Woollen Mill?

Reports indicate suitors have come calling for the U.K. knitwear specialist and British value fashion chain.

Retail Sales Climb Across Globe, But How Long Can it Continue?

Uncertainty remains with Covid still hanging around, and as retail sales climb across the globe, how long it…

Boohoo Could Be New Look’s Next Owner if Landlord Deal Fails

A Boohoo acquisition would likely close all of New Look's 496 stores, forcing an online-only future.

New Look Fails to Find Buyer, Leaving Fate of 496 Stores to Landlords

If New Look's unsecured creditors don't approve of the fashion retailer's CVA proposal, the company may have…