The taxes, charged on most commercial properties in the UK, have long burdened brick-and-mortar retailers amid an ailing high street economy and the rise of online competitors.
Shares in Adidas and Puma, already pummelled in the last few weeks, declined 6 percent and 4.4 percent respectively.
Any disruption to regular consumer habits will exacerbate existing challenges in the retail sector, analysts say.
The British retailer cites difficult trading conditions on UK high streets as the reason behind a 11.4 percent drop in revenue.
Brands high and low are hopping on the Instagrammable trend— but will fast fashion's cheap-and-chic options defeat them all?
The Sycamore Partners-backed lingerie brand may be losing relevance, but no successor in the highly competitive women's intimates market has emerged.
The teen retailer’s total net revenue rose to $1.31 billion in the fourth quarter, in part due to the success of its inclusive intimates line Aerie.
The German retailer said the coronavirus will have a significant impact on first-quarter results.
In the rapidly growing market for vintage, a secretive group of elite 'pickers' know where to score the best clothes and accessories for celebrities and designers.
Brighter interiors and larger fitting rooms have helped improve same-store sales by 8 percent.
The e-commerce giant has also said two employees in Milan had been infected with the virus.
The Seattle-based retailer missed estimates for fourth-quarter revenue, sending its shares down 9 percent in after-market trading.
The department store’s Leeds and Bristol outlets will be converted to the Flannels brand in a shake-up under Mike Ashley’s Frasers Group, which purchased the chain when it was put into administration in mid-August.
Maggie Gauger is joining Lululemon as chief product officer as new CEO Heidi O’Neill looks to revive sales.
The company lost out in its third quarter because of a decision to market baggy jeans over low rise, but still raised its sales outlook for the year.
The Uniqlo owner hit a new record annual profit for the fifth year in a row, boosted by strong results in all regions.
The move extends British company’s push into sports brands following a recent purchase of Puma stock.
The retailer is investigating after users of its mobile app received a notification claiming hackers had ‘fully compromised’ company data.
The ultra-fast-fashion giant’s share price fell 12 percent after it reported a steep drop in first-half operating income in its inaugural earnings as a public company.
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.