Retailers in the Republic of Ireland are faced with a second period of enforced closure this year as all non-essential retail, as well as hairdressers and beauty salons, have been told to shut for six weeks.
Philip Day, the retail billionaire behind Edinburgh Woollen Mill, could be preparing to buy back the budget fashion chain Peacocks after an administration filing, while exiting the rest of the business.
EWM on Friday confirmed that 50 of its stores will close with the loss of 600 jobs. Most of the closures are focused on Edinburgh Woollen Mill and Peacocks with the job losses largely being shop floor workers.
EU antitrust regulators have extended their investigation into Alphabet unit Google's $2.1 billion purchase of Fitbit to Jan. 8 from Dec. 23, a filing on the European Commission website showed on Friday.
Online retail continued its relentless rise in the UK last month with sales up 42% year-on-year. As the early summer surge evened out, the annual increase dipped slightly below the six- and three-month averages.
The British Fashion Council is introducing a new format for The Fashion Awards this year with the December 3 event to be digital “in light of the restrictions imposed on large scale events and travel”.