“The Financial Times newspaper in a recent Retail article said ‘Shattered stores on London’s Oxford Street, very quickly transmit to closed factories in Bangladesh and Vietnam and stockpiles at the cotton farms of Central India.
The article was passed onto me by Mark Florman Chairman and CEO of specialist merchant bank Time Partners Limited which combines best private equity advice, creating solutions with a client first philosophy. Mark is a capitalist with compassion.
The article went on ‘At a time when retailers should be placing orders for their Spring 2021 collections they are instead trying to unpick existing contracts.’
The lockdown crisis is opening up a chasm between businesses which are socially responsible and those which are not.”