As the new owners of TM Lewin continue to seek new deals for its retail stores, a report has suggested the company could consider a pre-pack administration in order to allow it to close as many of the shops as possible.
JD Sports may be one of the most successful retailers in the UK, but it's not immune to problems linked to the coronavirus crisis and on Saturday it was reported that it's to throw in the towel with Go Outdoors.
Shares in online fashion retailers Zalando and Asos jumped on Thursday after the former said it expects a big increase in second-quarter sales and operating profit as lockdowns accelerate a shift to ecommerce.
Boohoo is the new owner of Oasis and warehouse, paying less than £6m for the two brands. It has also reported a robust Q1 with sales surging globally as it switched to athleisure and lockdown-friendly pieces.
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 coronavirus crisis claimed thousands more jobs on Thursday as a deal was struck to sell the group comprising Oasis, Warehouse and smaller brand The Idle Man to Hilco Capital. Their stores aren't part of the deal.