Threads giant Coats Group has said it's taking a major hit from the Covid-19 outbreak as this month has seen brands and manufacturers starting to cancel or defer orders due to large-scale store closures.
Mike Ashley issued a rare apology for his actions in recent days on Friday and said Frasers Group has offered its support to the NHS and is "poised and ready, with our entire fleet of lorries at their disposal".
The sportswear brand has added Italy to its list of online markets, just in time to serve customers during the lockdown. Social media manager Marina Amoruso said Italy is a key market for the company's future success.
Luxury, premium and high street brands are all accelerating their online discounts as plunging footfall followed by a lockdown means the UK's SS20 season is turning into a disastrous one, new data shows.