As New Look continues to battle its way back from the brink, the British value fashion retailer on Thursday announced that it has made a decision regarding its Belgian ops. And that decision is? To file for insolvency.
"We haven't yet found a better way of selling knickers than a beautiful bottom," says Sarah Stagliano, one of a new breed of French lingerie designers grappling with how to make exciting underwear in the age of #MeToo.
The BFC and the main group representing creative businesses in the UK have both joined the calls for a second Brexit referendum as the debacle around the UK's exit from the EU sees the country on a business cliff edge.
Primark saw higher sales in the 16 weeks to January 5, but its comp sales dipped, so it’s clear that even the strongest retailers are facing challenging times, even though it won market share and protected margins.