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The Business of Fashion

Retail

Analysis and advice from the front lines of the retail transformation.

Shopify to Offer Loan Advances for Canadian Small Businesses

Through the e-commerce company's financing program, 'Shopify Capital,' the advances would be repaid through future sales.

Britain's High Street Seeks Government Rent Support

The scheme would support the fixed costs of businesses that have experienced dramatic falls in turnover due to the coronavirus outbreak.

Primark Commits to Pay Suppliers £370 Million for Orders

The fast fashion retailer, which has shut all stores due to the coronavirus crisis, had previously only committed to covering orders that were in transit or booked for shipment.

What to Do With All That Excess Inventory

Brands and retailers are sitting on mountains of spring and summer collections that they need to clear in what will likely be the biggest markdown season ever.

Sweatsuits and Yoga Pants Are Selling Like Crazy. What Happens When Lockdowns End?

Post-pandemic, activewear and loungewear brands are going to have to work harder than ever to attract customers in a ballooning market.

Report: Neiman Marcus to File for Bankruptcy This Week

The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.

Bangladesh Garment Workers Break Lockdown to Protest Wages

The government launched a $588 million package to help companies in the garments sector pay staff, but manufacturers have said it is not enough.

Report: Amazon Deploys Thermal Cameras to Scan Warehouse Staff

The e-commerce giant has rolled out the technology in at least six warehouses outside Los Angeles and Seattle, according to employees and social media posts.

5 Fashion M&A Predictions

Private equity firms, mega retailers and strategic groups that emerge from the crisis with cash to spare will be on the hunt. But what will they be buying?

Neiman Marcus Skips Bond Payment

The retailer has been advancing preparations for bankruptcy, and is now in default with its creditors according to a letter seen by Reuters.

UK Retail Braces for Historic Slump

With non-essential stores closed under lockdown measures and consumer confidence at an all-time low, the industry has seen a 27 percent year-on-year drop in sales in the two weeks to April 4, according to the British Retail Consortium.

Zalando Looks to Concession Model for Growth

The German fashion e-tailer sees the pandemic, which has forced most stores to close across Europe and North America, as an opportunity to turbocharge its sales platform, which handles e-commerce operations for third-party brands.

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