US EditionHilco offers Lakeland a lifeline, but it must adapt, says GlobalData - GlobalData
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Hilco offers Lakeland a lifeline, but it must adapt, says GlobalData - GlobalData
Following the news of Lakeland being close to agreeing a Hilco-financed management buyout; Oliver Maddison, Retail Analyst at GlobalData, a leading data and analytics company, offers his view: “Lakeland’s inability to adapt has meant that it has struggled to compete for some time; it took a global pandemic for it to start taking online seriously, meaning its website offers less functionality than its rivals, which combined with its low store cou…
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