Australian clothing retailer PAS Group said on Friday it has entered voluntary administration to review its operations, citing tough financial market conditions.

Nike has taken a stand against racism with a "Don't do it" campaign, a twist on its famous catch phrase, as protests against police brutality spread across the United States.

Amazon.com Inc said it was removing certain images after messages using extremely strong racist abuse appeared on some listings on its UK website when users searched for Apple’s AirPods and other similar products. 

Over 30 stores in the Minneapolis-Saint Paul area will remain temporarily closed as protests of the death of George Floyd, an African American man who died in Minneapolis police custody, continue in the Twin Cities. 

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.

German retail sales fell at their fastest pace since 2007 in April, data showed on Friday, but the drop was not as steep as expected in a sign of Germany's relative resilience  during the coronavirus crisis.

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

The campaign, founded by social impact entrepreneur Kerry Bannigan and supported by the United Nations Office for Partnerships, will add a fashion element to the 24-hour fundraising broadcast.

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.

H&M is continuing to focus on its sustainability credentials with news that it’s launching a new collab swimwear collection and that it has topped a key ranking from the global non-profit Textile Exchange.

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.

On Thursday, the sportswear company said it reopened its first U.S. stores on May 15, and opened additional stores last week, with plans to reopen nearly 50% of its North American stores by Friday.