The independent designer concept store has unveiled several shoppable windows on London’s South Molton Street allowing independent brands to showcase their products whilst observing social distancing.

The online fashion brand has launched a new e-commerce website with a faster, mobile-friendly design and new payment options.

The funding consists of a £25m revolving credit facility from the government’s Coronavirus Large Business Interruption Loan Scheme and £25m of new notes that will be purchased by a group of current bondholders. 

European e-tailer Zalando has taken a major step forward in driving a more sustainability-focused retail sector post-pandemic, making sustainability assessment mandatory for its private labels and partner brands.

Retailers and fashion firms will find themselves under heavier pressure from August with UK chancellor Rishi Sunak having announced on Friday that employers will have to pay part of the wages of furloughed staff.

Camden Market owner LabTech said that the market will partially reopen at the earliest possible opportunity, on June 1, following the government’s latest announcement on the easing of the lockdown.  

Debenhams is cutting more than 1,000 HQ and store jobs as 17 branches are set to close, with the firm hoping to emerge from administration as a more flexible entity that can meet the challenges of the new retail world. 

Prada has seen a double-digit increase in comparable sales in China this month, although there's still some way to go before the company can say its China business is back to full health following the lockdown.

Americans surged outside their homes over the Memorial weekend, data from cellphone location companies showed in one of the strongest signs yet of the economic reopening taking hold in the country.

British retailer Ted Baker is preparing for a gradual reopening of its stores from mid-June and will recall furloughed staff based on the needs of its operations, the company said on Friday.

Abercrombie & Fitch Co reported a steeper-than-expected quarterly loss on Thursday, hurt by plunging demand for apparel as most of its stores were forced to shutter to curb the spread of the novel coronavirus.

Fashion retailer Monsoon Accessorize is reportedly close to an administration filing due to the UK retail lockdown. As many as 3,500 jobs could be at risk if it goes under, but it's likely to survive in some form.

The 900-store French fashion chain has failed to obtain a state-backed loan, and on May 26 it filed for receivership before the trade court in Lille, France.

The Spanish brand has revealed its latest collection will include a range of reusable face masks for men, women and children, as well as hand sanitiser gels.

Asos Marketplace has seen sales surging since lockdown measures were introduced in the UK, aided by an expanded list of sellers and a shift to online retail.

With fitting rooms having to remain closed when stores reopen and widespread ‘quarantining’ of garments that have been handled by shoppers being planned, doubt is being cast on the effectiveness of such measures.