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Thomas Mayes Lewin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tribunal rules in favour of former TM Lewin staff

An employment tribunal ruled that the century-old suitmaker had failed to formally consult staff. The company collapsed into administration in June 2020,

Shirtmaker TM Lewin could return to UK high street in rescue deal

Company’s lenders, understood to be Petra Group, said to be considering possibility of opening stores

TM Lewin calls in administrators for second time in two years

Working from home and lack of in-person social events hit fashion brand that went online-only in 2020

The 30 top retailers that failed in 2020

Retailers across the UK have been struggling for years due to online competition and rising cost like rents and business rates. But the arrival of the Covid-19 pandemic was the final nail in the coffin for many of them.   With non-essential stores forced to close down to comply with and lockdowns and restrictions to curb the spread of the virus - and fewer customers and tourists walking into shops even when they were open - most retailers have seen sales plummet. While some managed to stay afloat by taking furlough cash, cutting jobs and closing down stores, others have had to call in administrators, put the shutters down for good, or attract bidders. 

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