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Gucci suffered a Christmas sales slump as super-rich tourists were forced to stay home By Tom Witherow For The Daily Mail Published: 22:05 GMT, 17 February 2021 | Updated: 22:30 GMT, 17 February 2021 Gucci sales fell over Christmas as the collapse in super-rich tourists heading to London, Paris, Milan and New York hit business … Read more
Unilever hit by beauty sales slump as Britons dodge deodorants and make up in lockdown By Daily Mail City & Finance Reporter Published: 21:50 GMT, 4 February 2021 | Updated: 21:50 GMT, 4 February 2021 Nowhere to go: Life in lockdown has led to a slump in sales of Unilever’s beauty products Life in lockdown … Read more
BP racks up a £13bn loss in ‘brutal’ year as slump in oil prices hammers business By Francesca Washtell For The Daily Mail Published: 22:53 GMT, 2 February 2021 | Updated: 22:53 GMT, 2 February 2021 BP has racked up its biggest-ever annual loss after a slump in oil prices hammered its business. In an … Read more
Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on 2 December 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a few … Read more
Eurostar bosses see horrifying 94% slump in passengers since Covid-19 pandemic as cross-Channel rail service faces desperate battle to survive Fall in passenger numbers sparks fresh call for joint UK-French support package Officials from both sides continued talks in a bid to strike a deal amid fears Eurostar is facing bankruptcy One rescue option would … Read more
High Street sales slaughter: Shops in Tier Four towns and cities suffer 72% slump in crucial post-Christmas footfall compared to year before Footfall in Tier 4 locations 72.2% lower than last year, Springboard data shows High Streets were forced to pull down the shutters amid draconian restrictions Pandemic had already sounded the death knell for … Read more
BUSINESS LIVE: FTSE and pound slump as new Covid strain crisis grips the nation; Frasers Group warns on profits; Arcadia sells Evans to Australian firm By This Is Money Published: 08:40 GMT, 21 December 2020 | Updated: 08:40 GMT, 21 December 2020 The FTSE 100 and the pound are deep in the red this morning … Read more
Clothing sales slump by almost a fifth with stores forced to close during Covid lockdowns By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 December 2020 | Updated: 21:51 GMT, 18 December 2020 Clothing sales plunged by almost a fifth last month as stores across the country were forced to close during Covid … Read more
Facemasks turn lipstick into a dead gloss: Sales slump by almost HALF as women ditch lippy while wearing PPE Sales of lipstick are down 49 per cent this year thanks to the rise of face masks Analysts said there was ‘significant’ link to the rule that made masks mandatory While lipstick sales have declined, eye … Read more
M&S records first ever LOSS in its 94-year history with £87m slump into the red after impact of Covid hammered trading of retailer that even managed to turn a profit during World War Two Company revealed a £87.6 million pre-tax loss for the 26 weeks to September 26 Revenue dropped by 15.8% to £4.09 billion … Read more