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Distressed US apparel retailers face surge in defaults

2020-05-05 16:15:52| Daily apparel & textile news and comment - from just-style.com

The US retail and apparel sector faces surging defaults over the next 12 months as companies succumb to pressures mounting from the lengthy shutdown and potentially slow recovery from the Covid-19 pandemic, a new forecast suggests.

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US hog futures surge as meat plants warn of pork shortages

2020-04-28 11:43:00| ThePigSite - Industry News

US lean hog futures rose their daily limit on Monday (27 April) on fears of tightening domestic pork supplies as the coronavirus pandemic forces slowdowns at slaughterhouses, analysts said.

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Boohoo FY sales surge 44% to GBP1.23bn

2020-04-22 14:16:00| Daily apparel & textile news and comment - from just-style.com

Boohoo has reported a double-digit rise in both earnings and sales for the full financial year and seems "well-positioned" to deal with the impacts of Covid-19 as the online fashion retailer cites improved year-on-year group sales growth during April.

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Boohoo FY sales surge 44% to GBP1.2bn

2020-04-22 14:16:00| Daily apparel & textile news and comment - from just-style.com

Boohoo has reported a double-digit rise in both earnings and sales for the full financial year and seems "well-positioned" to deal with the impacts of Covid-19 as the online fashion retailer cites improved year-on-year group sales growth during April.

Tags: to sales surge sales surge

 

Drinkly eyes brand partnerships as home delivery sales surge 850%

2020-04-14 14:47:00| Daily beverage news and comment - from just-drinks.com

The owner of UK online drinks delivery platform Drinkly has said the coronavirus lockdown offers alcohol brands new retail opportunities, after its sales jumped almost nine-fold over the past month.

Tags: home sales brand delivery

 

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