Marks and Spencer

The cyberattack is estimated to have cost the British retailer $412 million this year.

Shipments of unwanted old clothes from UK and European brands have turned a conservation site into a dumping ground, according to a new investigation.

A series of breaches at high-profile retailers like Victoria’s Secret and Marks & Spencer is putting cybersecurity back in the foreground. BoF examines what leaves fashion businesses vulnerable and how they can protect themselves.

Negotiations over a new minimum wage for garment workers in Bangladesh have sparked mass demonstrations on streets across the capital.

Reliable sizing, sweet-spot pricing and contemporary – but not faddish – styles are helping high street retailer stand out.

With Joe Biden preparing to reboot US trade relationships, a potential breakthrough in the Brexit deadlock and the creation of the world’s largest trade bloc in Asia, there is hope of one.

Without a trade deal, British companies face the prospect of tariffs on shipments and additional paperwork that could create delays at border entry ports.

The UK retailer reacted quickly to the pandemic, cancelling about £100 million ($122 million) of clothing and home orders and scrapping its 2019 dividend.

The move is set to save the British retailer £210 million.

The British retailer, already seeing a substantial decline clothing and homeware sales, will not pay a final dividend for its 2019-20 year and said it was unable to provide meaningful guidance on 2020-2021 earnings.