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Fashion Brands Buckle Under Rent Blow

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http://www.independent.co.uk/news/business/news/fashion-brands-buckle-under-rent-blow-8673864.html

Two more retailers were on the brink of administration last night, putting thousands of jobs at risk after yesterday's third-quarter rent day forced them to throw in the towel.

Fashion chain Internacionale, which has 150 shops, is set to call in accountant Ernst & Young as early as today, while the 50-store clothing retailer ModelZone is set to hire Deloitte.

Quarterly rent day looming and more chains to fail it appears.

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Guest eight

I thought modelzone was a toy retailer...

Although "retailer" implies occasionally selling something.

There isn't a market for sixty quid matchbox sized "collectibles" of the Ghostbusters car that justifies prime shopping centre location rents? Who knew?

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Although "retailer" implies occasionally selling something.

There isn't a market for sixty quid matchbox sized "collectibles" of the Ghostbusters car that justifies prime shopping centre location rents? Who knew?

Be charitable, it's my second favourite shop at the trafford center

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House prices to rise....

When you stand back and look at it....it's ludicrous to suggest, at this point in time, house prices will rise. Those idiots buying London and going to loose their shirts.

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But shop workers on £6.50 per hour don't buy houses. We could close every high street shop and house prises could still be high.

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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