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Editor's Comment: M&S fashion was on the right path – until lockdown hit - Vimarsana News

Editor's Comment: M&S fashion was on the right path – until lockdown hit

Editor’s Comment: M&S fashion was on the right path – until lockdown hit Add to Bookmarks Marks & Spencer’s strategy for returning its clothing sales to growth has been derailed by the pandemic and the distraction of a looming deal to acquire Jaeger. When Richard Price joined Marks & Spencer as managing director of clothing and home last year, he had a clear idea of where to take the division. His strategy was a continuation of that put in place by CEO Steve Rowe: more curated, deeper buys; a focus on quality and reduced discounting; cautiously introducing third-party brands; and ra...

High street store chains that collapsed into administration in pandemic hit 2020 - Vimarsana News

High street store chains that collapsed into administration in pandemic hit 2020

High street store chains that collapsed into administration in pandemic hit 2020 Last year saw 176,718 jobs lost across retail as Covid accelerated decline James Pringle Weavers closing at Llanfairpwllgwyngyllgogerychwyrndrobwlllantysiliogogogoch on Anglesey (Image: Daily Post Wales) Sign up to our free newsletter for the top North Wales stories sent straight to your e-mail Invalid EmailSomething went wrong, please try again later. Sign up now! When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other relat...

From Laura Ashley to Debenhams: the biggest retail collapses of 2020 - Vimarsana News

From Laura Ashley to Debenhams: the biggest retail collapses of 2020

A string of household names were lost this year as Covid accelerated changes to the high street