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Harrods, John Lewis, Topshop Parent Slash Thousands of Jobs

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Layoffs are coming to Britain’s high street—and merchants across the spectrum are feeling the heat. John Lewis, Harrods, the owner of Topshop, and suiting specialist T.M.Lewin are slashing headcount as the coronavirus pandemic takes a toll on the U.K.’s hard-hit retail sector—where bankruptcies have already rattled a raft of fashion firms. In a statement, Sir…

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