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By August 6, 2020 Read More →

AGENDA WEST BUSINESS NEWS: The shockingly long list of trade shows cancelled this year due to Covid 19, plus WHSmith cuts jobs and fashion store’s CVA crisis

WHSmith sheds staff

Ian Carrotte of ICSM Credit said the news that WHSmith were to cut 1,500 jobs was proof of how the pandemic had thrown the printing and stationery industries into a recession. A number of printers had gone to wall during the covid-19 crisis and one of the largest stationers known as Spicers had collapsed already.

He said: “WHSmith has been hit in the high street by low levels of footfall but they are also a feature of airports and train stations. There is normally strong business at transport hubs, which has been damaged by a drop in people travelling. Couple that with the drop in business for printers and stationers – the mainstay of the WH Smith brand and it comes as no surprise that this usually sound business is having to cut costs.”

WHSmith expects to report a headline loss before tax for the financial year ending 31 August 2020 of between £70m and £75m.

Drapers report on latest retail closure

Grace Whelan of Drapers has reported on retailer M&Co who are expected to agree a pre-pack administration deal that will see its assets sold back to McGeoch family.

She wrote: “The deal is expected to result in the permanent closure of 50 of M&Co’s stores and the loss of several hundred jobs, Sky News reports. It currently operates from 262 stores in the UK and employs around 2,700 staff. M&Co appointed Deloitte in June to consider options including a partial or full sale via a pre-pack administration. A number of turnaround funds and private equity firms were approached. In its most recent results, the retailer reported a 40% drop in operating profits to £3.6m for the year to 28 February 2020. Net debt reduced from £19.2m to £8.7m in the year.”

Trade shows pulled leaves 30,000 jobs at risk

The Events Industry Alliance (EIA), the trade show organisers’ lobby organisation, said they have fears over the cancelling of trade exhibitions across the country with around 30,000 jobs could disappear along with £8bn in the UK economy.

The EIA believe that 60% of the supply chain companies are also not expected to reopen in October as furlough comes to an end, according to their research.

Ian Carrotte of ICSM Credit said that with the scratching of some of the biggest trade shows the economy had taken a massive hit. The Print Show, Advanced Manufacturing, IFEX, BBC Good Food Show and the CV Show were amongst scores of exhibitions at the NEC and elsewhere that had been cancelled.

The industry lobby group Meet Expo said the industry needed a date from the Government when they could restart opening shows as a minimum of three months is needed as a lead time. They said: “The exhibitions industry plays a critical role for the UK economy, generating £11bn in economic activity and supporting 114,000 jobs. The industry also creates a trading platform for 178,000 businesses, of which approximately 140,000 are Small and Medium Sized Enterprises (SME’s), which have seen a significant impact on their sales by the cessation of exhibitions activity.”

Chris Skeith of the EIA said: “The exhibitions sector is a vital enabler of economic activity in almost every sector of the UK economy and failure to provide a go-live date impacts the ability of almost 180,000 businesses to recover. These businesses, including 140,000 SMEs, rely on tradeshows to meet customers and make sales, to launch new products and enter new markets, and the continued closure of events will have a negative impact on employment far beyond the events sector.”

A list of the shows from Meet Expo:

United Kingdom – AberdeenScottish Skipper Expo – Exhibition for the Fishing and Processing Industrypostponed to 13-14 November 2020
United Kingdom – AlcesterGrassland & Muck – Grass, Forage and Muck Exhibitioncancelled
United Kingdom – AntrimGARDEN SHOW IRELAND – Exhibitionpostponed to 2021
United Kingdom – ArdinglySpring Live! – Spring Garden and Leisure Showcancelled
United Kingdom – AviemoreAquaculture UK – Exhibitionpostponed to 15-17 September 2020
United Kingdom – BakewellRHS Chatsworth Flower Showcancelled
United Kingdom – BelfastIFEX – International Food, Drink and Hospitality Exhibitionpostponed to 17-19 November 2020
United Kingdom – BirminghamAdvanced Manufacturing – Exhibition for Advanced Manufacturing Technologiesnow postponed to 2021
United Kingdom – BirminghamAir-Tech – Exhibition and Conference for Compressed Air, Vacuum and Generatorspostponed to 25-27 January 2021
United Kingdom – BirminghamAntiques for Everyone Fairnow exhibition date July 2020 cancelled
United Kingdom – BirminghamBBC Gardeners’ World Live – Gardening Showpostponed to 2021 
United Kingdom – BirminghamBBC Good Food Show Summer – The Summer BBC Good Food Festivalpostponed to 2021 
United Kingdom – BirminghamBeauty UK – Trade Fairpostponed
United Kingdom – Birmingham BodyPower Expo – Bodybuilding and Fitness Exhibitionpostponed to 30 October-1 November 2020
United Kingdom – BirminghamBritish Tourism & Travel Showpostponed nw to 2021
United Kingdom – Birmingham Dentistry Showpostponed to 11-12 Seotember 2020
United Kingdom – BirminghamDrives and Controls – Exhibition and Conferencepostponed to 25-27 January 2021 
United Kingdom – BirminghameDX – eDelivery Expo – Exhibition and Conferencepostponed to 2-3 September 2020
United Kingdom – BirminghamFluid Power & Systems – International Fluid Power and Motion Control Exhibitionpostponed to 25-27 January 2021 
United Kingdom – Birmingham Foodex – Food Industry Trade Exhibitionpostponed to 12-14 April 2021
United Kingdom – BirminghamHealth & Safety – The Health & Safety Eventpostponed to 22-23 September 2020
United Kingdom – Birmingham INSOMNIA – Gaming Festival and Exhibitionexhibition date April 2020 cancelled
United Kingdom – BirminghamIRX – Internet Retailing Expo – Exhibition and Conferencepostponed to 2-3 September 2020 
United Kingdom – BirminghamMACH – The UK’s Premier Manufacturing Technologies Exhibitionpostponed to 25-28 January 2021
United Kingdom – BirminghamMCM Birmingham Comic Con – Comic Fairpostponed to 27-28 June 2020
United Kingdom – Birmingham Med-Tech Innovation – The Medical Technology Eventpostponed to 29-30 September 2020
United Kingdom – BirminghamMiniatura – Dolls House Showexhibition date March 2020 cancelled
United Kingdom – BirminghamMULTIMODAL – International Exhibition for the Freight, Transport, Logistics and SCM Industriespostponed to 4-6 November 2020
United Kingdom – Birmingham National Homebuilding and Renovating Showpostponed now to 2021
United Kingdom – Birmingham NCS – National Convenience Showpostponed to 7-9 September 2020
United Kingdom – BirminghamNursing in Practice – Primary Care Exhibition and Conferencepostponed
United Kingdom – BirminghamOPTRAFAIR – Ophthalmic Optics Trade Fairpostponed to 19-21 September 2020
United Kingdom – BirminghamParkex – International Exhibition and Conferencecancelled 2020
United Kingdom – BirminghamPlant & Asset Management – Exhibition and Conference for Plant Maintenancepostponed to 25-27 January 2021 
United Kingdom – Birmingham  Practical Classics Classic Car & Restoration Showpostponed
United Kingdom – BirminghamThe Festival of Quiltspostponed to 2021
United Kingdom – BirminghamSign & Digital UK – The UK’s Premier Sign Making, Display Solutions and Digital Printing Eventpostponed to 2-4 March 2021
United Kingdom – BirminghamSubcon – National Contract and Subcontract Manufacturing Shownow postponed to 2021
United Kingdom – Birmingham The Baby Show – Exhibitionpostponed again to 27-29 November 2020
United Kingdom – BirminghamThe CV Show – Commercial Vehicles Showpostponed to 13-15 April 2021
United Kingdom – BirminghamThe Engineer Design & Innovation Show – Trade Shownow postponed to 2021 
United Kingdom – BirminghamThe Facilities Event – Exhibition for Facilities Managementpostponed to 22-23 September 2020
United Kingdom – BirminghamThe Fire Safety Event – Fire Safety Exhibitionpostponed to 22-23 September 2020 
United Kingdom – BirminghamThe Security Event – The Security Event – powered by Security Essenpostponed to 22-23 September 2020 
United Kingdom – BirminghamThe UK CONCRETE Show – Concrete Industry Trade Showpostponed again to 9-10 September 2020
United Kingdom – BirminghamTHE WORLD BIOGAS EXPO – Trade Show dedicated to Anaerobic Digestion and Biogaspostponed to 7-8 October 2020
United Kingdom – BristolThe Source Trade Road Show – Hospitality, Catering and Food Exhibitionpostponed to 2021
United Kingdom –  Builth WellsRoyal Welsh Spring Festival – Smallholding and Rural Life Exhibitioncancelled
United Kingdom – BuxtonHILLHEAD – International Exhibition for the Minerals and Heavy Construction Industriespostponed to 2021 
United Kingdom – CambridgeBASEES – British Association for Slavonic and East European Studies – Annual Conferencecancelled
United Kingdom – CardiffRHS Flower Show Cardiffcancelled
United Kingdom – CoventryIntraLogisteX – Exhibition for Logistics and Supply Chain Solutionspostponed again to 29-30 September 2020
United Kingdom – CoventryMaking Pharmaceuticals – Pharmaceuticals Manufacturing Exhibitionpostponed to 26-27 October 2020
United Kingdom – CoventrySole Fashion – Footwear Trade Showcancelled 2020
United Kingdom – East MallingFruit Focus – The Leading Technical Event for Soft, Stone and Top Fruit Growersexhibition 2020 cancelled, but virtual format
United Kingdom – EdinburghEdinburgh Book Fairpostponed
United Kingdom -FarnboroughFIA – Farnborough International Airshowpostponed to 2022
United Kingdom -FarnboroughThe Big One – Fishing Showpostponed
United Kingdom – GlasgowAll-Energy UK – The Renewables Show in the Energy Citypostponed to 14.-15. September 2020
United Kingdom – GlasgowEMS Scotland – Emergency Medicine Exposition and Conferencepostponed to 2021
United Kingdom – GlasgowIdeal Home Show Scotland – Exhibitionpostponed to 29 October-1 November 2020
United Kingdom – Harrogate BCTF – British Craft Trade Fairpostponed to 11-13 April 2021
United Kingdom – Harrogate Harrogate International Nursery Fairpostponed again to 18-20 Ocober 2020
United Kingdom – HarrogateHearth & Home – Fires and Fireplaces Exhibitioncancelled
United Kingdom – HarrogateHome & Gift Harrogate – Gift Trade Fairpostponed to 2021 
United Kingdom – HarrogateThe Yorkshire Motorhomes and Accessory Showcancelled
United Kingdom – High WycombeAeroExpo UK – UK’s Festival of Aviationcancelled
United Kingdom – KnutsfordRHS Flower Show Tatton Parkcancelled
United Kingdom – LeedsConference & Hospitality Show – Event Exponow cancelled 2020
United Kingdom – London5G World – 5G Technology Exhibition and Conferencecancelled, virtual 1-3 September 2020
United Kingdom – London  Accountex – Exhibition for Accountants and Finance Directorspostponed to 18-19 November 2020
United Kingdom – London Aid & Trade London – International Exhibition & Conference for Disaster Response, Emergency, Aid and Developmentcancelled 2020
United Kingdom – London  Ambition – The EPRR Expo – Emergency Preparedness, Resilience and Response Exhibitionpostponed to 8-10 September 2020 
United Kingdom – LondonA Place in the Sun Live – Overseas Property and Real Estate Exhibitionpostponed to 2021
United Kingdom – LondonASME TURBO EXPO – Turbomachinery Technical Conference and Exhibitioncancelled, virtual 21-25 September 2020
United Kingdom – LondonB2B Marketing Expo – Trade Exhibitionpostponed to 10-11 November 2020
United Kingdom – LondonBlockchain Summit and Exhibitionpostponed to 20-21 October 2020
United Kingdom – LondonCake International – The Sugarcraft, Cake Decorating & Baking Showcancelled
United Kingdom – London Casual Dining – The Restaurant, Pub and Bar Eventpostponed now to 2021
United Kingdom – LondonCloud & DevOps World – Cloud Computing for Businesses – Exhibition and Forumcancelled, virtual 1-3 September 2020
United Kingdom – LondonCommercial Kitchen – Catering Equipment Showcancelled
United Kingdom – LondonCountry Living Magazine Faircancelled
United Kingdom – LondonCTX – Counter Terror Expopostponed to 8-10 September 2020 
United Kingdom – LondonDMWF Global – Digital Marketing Technologies Conference and Expo2020 digital only
United Kingdom – LondonEGX Rezzed – PC and Indie Games Shownow cancelled
United Kingdom – LondonELEVATE – Physical Activity Tradeshowpostponed to 11-12 October 2020
United Kingdom – LondonEWMA – Industry Trade Fair of the European Wound Management Association Congresspostponed to 18-20 November 2020
United Kingdom – LondonFacilities Show – Facilities Management Exhibitionpostponed to 8-10 September 2020 
United Kingdom – LondonFIREX International – International Exhibition for Fire Prevention, Detection and Protectionpostponed to 8-10 September 2020 
United Kingdom – LondonFirsts – London’s Rare Book Faircancelled
United Kingdom – LondonForensics Europe Expo – Exhibition and Conferencepostponed to 8-10 September 2020 
United Kingdom – LondonGEO Business – Geospatial Trade Exhibitionpostponed to 24-25 September 2020
United Kingdom – LondonGFW – Graduate Fashion Weekcancelled
United Kingdom – LondonGrand Designs Live – Exhibitionpostponed to 22-31 August 2020
United Kingdom – London House Fair & Grow London – Exhibition for Interior Decorationpostponed
United Kingdom – LondonIdeal Home Show – Exhibitionpostponed
United Kingdom – London IDENTITY WEEK – Trusted Identity Solutions – Conference and Exhibitionpostponed to 17-18 November 2020
United Kingdom – LondonIndia Britain Trade Expocancelled
United Kingdom – LondonINFRARAIL – International Railway Infrastructure Exhibitionpostponed to 11-13 May 2021
United Kingdom – LondonInternational Philatelic Exhibitionpostponed to 2022
United Kingdom – London IFSEC International – The Global Event for the Security Industrypostponed to 8-10 September 2020 
United Kingdom – London ISC LONDON 2020 – International Sports Convention and Exhibitioncancelled 2020
United Kingdom – LondonIT²EC – International Training Technology Exhibition and Conference for the Military and Civil Protection Communitiespostponed to 1-3 September 2020
United Kingdom – LondonJust V Show – Exhibition for Vegetarian and Vegan Food, Drink and Livingpostponed to 16-18 October 2020
United Kingdom – LondonLBF – The London Book Faircancelled
United Kingdom – LondonLBFW – London Bridal Fashion Week – Bridal Fashion Eventnow cancelled 2020
United Kingdom – LondonLFWM – London Fashion Week Men’scancelled, but virtual format
United Kingdom – LondonLondon Expo – International Garments, Textiles, Accessories Trade Fairpostponed to 16-18 June 2020
United Kingdom – LondonLondon Festival of Railway Modellingnow cancelled 2020
United Kingdom – LondonLondon Stationery Showpostponed to 11 September 2020
United Kingdom – LondonLWF – London Wine Fairpostponed
United Kingdom – LondonMarketing Technology Expo – Trade Fairpostponed to 10-11 November 2020
United Kingdom – LondonMasterpiece London – International Art Faircancelled
United Kingdom – LondonM&H Show – The Museums and Heritage Showpostponed to 12-13 May 2021
United Kingdom – LondonMBS Wellbeing Festival – Mind Body Spirit Festivalexhibition date May 2020 cancelled
United Kingdom – LondonMCM London Comic Con – Comic Fairnow cancelled 2020
United Kingdom – LondonNatural & Organic Products Europe – Natural and Organic Products Europe Trade Showpostponed to 18-19 April 2021
United Kingdom – LondonNew Designers (Part 1 + 2)cancelled
United Kingdom – LondonPhex+ – The Plumbing and Heating Exhibitioncancelled
United Kingdom – London RBTE – Retail Business Technology Expopostponed to 2021
United Kingdom – LondonRHS Chelsea Flower Showcancelled
United Kingdom – LondonRHS Hampton Court Palace Garden Festivalcancelled
United Kingdom – LondonSafety & Health Expo – Europe’s Health and Safety Eventpostponed to 8-10 September 2020
United Kingdom – London Sales Innovation Expo – Trade Exhibitionpostponed to 10-11 November 2020 
United Kingdom – LondonSCOOP – International Fashion Showsnow cancelled
United Kingdom – London  SITS – The Service Desk and IT Support Showpostponed to 18-19 November 2020
United Kingdom – LondonSpirit of Summer – Exhibitionpostponed
United Kingdom – LondonTexfusion – The London World Textile Fairpostponed
United Kingdom – LondonTechXLR8 – London Tech Weekcancelled, virtual 1-3 September 2020
United Kingdom – LondonThe Allergy and Free From Show – Exhibitionpostponed to 16-18 October 2020
United Kingdom – LondonThe Art and Antiques Fair Olympiapostponed
United Kingdom – LondonThe International Franchise Show – Exhibitionpostponed to 4-5 September 2020
United Kingdom – London The London Bike Show – Exhibitionpostponed now to 2021
United Kingdom – London The Media Technology – Media Production and Technology Showpostponed
United Kingdom – London  The Meetings Show UK – Hosted Buyer Led Show for the UK Meetings Industrypostponed to 19-20 October 2020
United Kingdom – LondonThe Property Investor Showexhibition date April 2020 cancelled
United Kingdom – London TLPDF – The London Print Design Fairpostponed
United Kingdom – LondonTLTF – The London Textile FairTLTF – The London Textile Fairpostponed
United Kingdom – LondonUC EXPO – Connecting Business – Exhibition for Business Enterprise Communicationspostponed to 30 September-1 October 2020
United Kingdom – LondonUNLEASH Spring – Conference and Exhibiton for HR Technologypostponed
United Kingdom – London Venues + Events Live – Exhibition for Event Organizerspostponed to 2021, Virtual 23-24 September 2020
United Kingdom – LondonVM and Display Showpostponed to April 2021
United Kingdom – LondonWhisky Live London – Exhibitionpostponed
United Kingdom – Londonwhite gallery – International Bridal Fashion Design Fairnow cancelled 2020
United Kingdom – MaidstoneKent County Show – Regional Consumer Goods Exhibitionpostponed to 2021
United Kingdom – MalvernNSA SHEEP – Sheep Farming Exhibitionpostponed to 19 October 2020
United Kingdom – MalvernRHS Malvern Spring Festivalcancelled
United Kingdom – ManchesterCIH – Housing – Chartered Institute of Housing Conference and Exhibitionpostponed to 2-4 September 2020
United Kingdom – ManchesterIP EXPO Manchester – Exhibition for IT Infrastructurepostponed to 4-5 November 2020
United Kingdom – ManchesterManagement in Practice – Exhibition and Conferencepostponed
United Kingdom – ManchesterNursing in Practice – Primary Care Exhibition and Conferencepostponed
United Kingdom – Manchester
 
The Manchester Cleaning Show – Regional Cleaning and Support Services Exhibitionpostponed to 15-16 September 2020
United Kingdom – ManchesterThe Northern Franchise Exhibitioncancelled
United Kingdom – Manchester Venues + Events Live – Ausstellung für Veranstaltungsorte und Eventspostponed to 2021, Virtual 29 September 2020
United Kingdom – NewburySouthern Motorhome Showpostponed to 28-30 August 2020
United Kingdom – Newcastle upon TyneNursing in Practice – Primary Care Exhibition and Conferencepostponed to 25 November 2020
United Kingdom – PeterboroughNational Motorhome & Campervan Showpostponed to 31 July-2 August 2020
United Kingdom – Shepton Mallet Royal Bath and West Show – Agricultural Showcancelled
United Kingdom – ShrewsburyShrewsbury Flower Showcancelled
United Kingdom – SouthamptonM&CCE Expo – Marine and Coastal Civil Engineering Expopostponed
United Kingdom – SouthportSouthport Flower Showcancelled
United Kingdom – StoneleighAMS – The Advanced Materials Showpostponed to 2-3 December 2020
United Kingdom – StoneleighBritish Pig and Poultry Fairpostponed to 2021
United Kingdom – StoneleighCUK – Ceramics UK – Exhibition for the Technical Ceramics Industrypostponed to 2-3 December 2020
United Kingdom – WetherbyThe French Property Exhibitionpostponed to 11 October 2020
United Kingdom – YorkDolls House – Miniatures Faircancelled

About ICSM Credit

ICSM Credit has more than four decades of experience as a credit intelligence group whose members gain inside information about firms in trouble allowing them to avoid bad debts and rogue traders. To join costs less than a tank of fuel – while at the moment there’s a special free temporary membership offer during the Covid-19 crisis which gives access to free legal letters. ICSM also has an effective debt collecting service which has a global reach – ask for details from Paul.

For details about ICSM Credit call 0844 854 1850 or visit the website www.icsmcredit.com or email Ian at Ian.carrotte@icsmcredit.com on how to subscribe and to join the UK’s credit intelligence network to avoid bad debts and late payers. Follow ICSM Credit on FaceBook, Twitter and YouTube and Ian Carrotte on LinkedIn.

To keep up to date subscribe to the FREE ICSM Credit Newsletter to hear all the latest insolvency news and to see who has gone out of business click on the orange panel on the top left of the home page of the website www.icsmcredit.com or send an email to Ian.carrotte@icsmcredit.com

For details for the work of the journalist Harry Mottram visit www.harrymottram.co.uk

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