Retail news

• Pret brings in consultants to advise on business overhaul

  30-05-2020 15:50 via ft.com
  Sandwich chain switches to groceries and online sales as commuters stay home during pandemic
  
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• Ted Baker eyes £80m share sale plan

  30-05-2020 15:13 via retailgazette.co.uk
  // Ted Baker poised to launch a share placing and open offer to target roughly £80m
  // This is equivalent to its current stock market value
  // Ted Baker could launch it on Monday after consulting with leading shareholdersTed Baker is reportedly planning to launch a share sale worth its market capitalisation as it becomes the latest retailer seeking cash to survive the Covid-19 pandemic.
  According to Sky News, the fashion retailer is set to unveil a placing and open offer to target rou
  
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• Want to stand out on screen? Zoom in on that colossal collar…

  30-05-2020 15:05
  
  From the waist up – which is often all that matters in lockdown Britain – big and bold is best in the fashion stakesA look that brings to mind either William Shakespeare or Harry Hill is not one that immediately suggests sophisticated glamour. But big collars are having a resurgence, this time on women’s dresses, tops and jumpsuits.The current look is less Renaissance bard and more pious puritan, and can be dramatic in scale, reaching the shoulders or even down to the belly but
  
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• Retailers to start contributing to furlough bill from August

  30-05-2020 14:23 via retailgazette.co.uk
  // From Aug, employers will pay national insurance, tax & pension contributions for employees on furlough scheme
  // From Sept, taxpayers will pay 70% of salaries up to £2190 & employers will be asked to contribute 10%
  // From Oct, this will change to 60% to a cap of £1875 and 20% from employersChancellor Rishi Sunak has outlined changes to the UK Government’s coronavirus job retention scheme weeks after he confirmed it would be extended until the end of October.
  Previou
  
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• Lost Stock: 'It's like buying your future self a present'

  30-05-2020 09:00
  
  A scheme to help Bangladeshi garment workers through the lockdown adds spice to fashionCoronavirus – latest updatesSee all our coronavirus coverageIt’s not fashion shopping as we know it: shoppers provide details of their age, gender, size and colour preferences, and hand over £39. A few weeks later a box arrives on your doorstep containing at least three items, with full ticket prices adding up to at least £70, that were once destined for stores like Topshop.This is coro
  
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