Day: June 18, 2020

meet the entrepreneurs profiting in a pandemic

Oli Loveday - Geoff Pugh
Oli Loveday – Geoff Pugh

Few people have emerged from the coronavirus crisis unscathed. There are now 8.9 million workers who have been furloughed by their employers and millions more freelancers and small business owners whose income has been vastly reduced.

Rather than trying to soldier on until the crisis has passed, some entrepreneurs have used the economic shock caused by Covid-19 as an opportunity to revamp their businesses or start a new one. 

A report published by the Federation of Small Businesses, a trade body, found that 8pc of small companies have launched new products during the pandemic while 5pc have expanded the services they offer. 

Many more have started a new business entirely. Oliver Loveday, 39, was working as a freelancer in the travel industry and was left without any income when the country went into lockdown.

“I was doing Kilimanjaro walks, school trips, the Three Peaks,” he

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Father’s Day Offers Hopes to Beleaguered Retailers

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Fingers crossed: the coronavirus may actually provide a boost to Father’s Day sales this year — at least that’s the hope of some major men’s wear retailers.

With COVID-19 fatigue in full force and stores reopening nationwide, merchants are seeing some major upticks in their men’s wear sales — in person, curbside and online — as shoppers seek gifts for their dads. But don’t expect a lot of ties and dress shirts to be wrapped up on Sunday. With many people still working from home for the foreseeable future, it’s not surprising that activewear is among the most purchased gifts this year. Other popular choices include tech gadgets, golf shirts and hats, and comfortable basics.

This bump in men’s sales is also providing a flicker of hope to retailers about what they can expect for the remainder of the year. Although the situation

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