Retail/consumer products: sheltering yourself from the storm this festive season

The cost of stock-piling in the lead-up to Christmas, combined with the pressure caused by the usual rent quarter day in December, causes cash-flow issues for many businesses. In recent years, changes in consumer habits (for example popularity of music and media downloads and so-called ‘show rooming’), the tightening of consumer budgets (due to lower disposable incomes and/or increased saving/debt reduction) and increasing costs for businesses (notably the cost of raw materials, fuel and rent) have added to the recipe for a perfect storm during the run-up to the festive season, as recently demonstrated by Blockbuster.

It is no coincidence then, that some of the most well-known retail/consumer sector insolvencies have occurred in this period. It is not just those businesses on the front line of retail that are caught, but also those in the supply chain who depend on the end-market businesses. Comet and Icetech are classic examples…

If you are registered and logged in to the site, click on the link below to read the rest of the Taylor Wessing briefing. If not, please register or sign in with your details below.

Briefings from Taylor Wessing

View more briefings from Taylor Wessing

Analysis from The Lawyer

  • merger deal

    Corporate crunch time: who will triumph at The Lawyer Awards 2014?

    As the equity capital markets rocketed back into favour and global M&A saw at least a partial return to form, there have been some rich pickings for The Lawyer’s Corporate Team of the Year award shortlisted firms in 2014. 

  • singapore orchid

    Singapore: Cash course

    The city-state is working hard to become a global wealth management hub, and law firms are gearing up for a prosperous new world

View more analysis from The Lawyer

Overview

5 New Street Square
London
EC4A 3TW
UK
http://www.taylorwessing.com

Turnover (£m): 228.00
No. of lawyers: 860
Jurisdiction: UK
No. of offices: 4
No. of qualified lawyers: 67 (International 50)

Jobs