
Genesco-owned UK footwear chain Schuh has boosted its funding after securing a £19 million financing facility from Lloyds. The funding was accessed via the UK's Coronavirus Large Business Interruption Loan Scheme.
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Genesco-owned UK footwear chain Schuh has boosted its funding after securing a £19 million financing facility from Lloyds. The funding was accessed via the UK's Coronavirus Large Business Interruption Loan Scheme.
The Nashville, Tennessee-based footwear and accessories retailer reported on Monday that senior vice president and chief financial officer Melvin G. Tucker has resigned, effective November 27, 2020.
UK footwear chain Schuh said on Monday that it's been encouraged by the reopening of its two shops in the Channel Islands as it prepares to open more stores this week and next week.
The importance for brands of winning the PR battle during the coronavirus crisis can be seen from a study that shows 54% of UK e-shoppers are less likely to spend with brands that have behaved badly during the outbreak.
Since the beginning of the week, companies including Genesco, PVH, VF and TJX have announced a range of new measures designed to preserve their liquidity during the ongoing Covid-19 crisis.
In an ocean of coronavirus-linked bad news, there was some good news from Schuh as the company said it has now reopened its website with rigorous measures in place and no employees being forced to work.
After closing stores around the world to curb the spread of the coronavirus, retailers are now telling some vendors to immediately cancel orders.
Scottish footwear retailer Schuh has become the latest store chain to say it’s closing its online operations as well as its physical shops.
UK fashion e-tail is facing a steady shutdown as some well-known names respond to criticism of the efforts they’re making to keep warehouse staff and other workers safe.
Google within two years plans to block a common way businesses track online surfers in its Chrome browser, endorsing costly changes to how the Web operates as it tries to satisfy increased privacy demands from users.