Clothing & Shoes
The latest news, updates and analysis on the clothing and shoes segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Aug- 2021 -16 August
Jack Wills founder to relaunch Aubin with Next support
The founder of Jack Wills is reportedly set to relaunch the menswear brand Aubin in partnership with Next. According to…
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12 August
Gerry Weber sees H1 sales fall 23.4% to ยฃ91m
Womenโs fashion brand Gerry Weber saw group sales fall 23.4% year-on-year to โฌ107.7m (ยฃ91.2m) in H1 FY21. Gross profits at…
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12 August
Boohoo to create 5,000 new jobs over five-year period
Boohoo Group has outlined plans to create 5,000 new jobs off the back of a ยฃ500m investment programme across the…
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11 August
The Very Group raises ยฃ575m amid โstrongโ investor demand
The Very Group has announced that it has raised ยฃ575m through the issuing of senior secured notes which are due…
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9 August
BT set to poach Asos chairman
The chairman of Asos, Adam Crozier is reportedly planning on jumping ship over to BT to take up the same…
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9 August
Levi Strauss acquires Beyond Yoga
Levi Strauss and Co (Leviโs) has announced the acquisition of premium athletic and lifestyle apparel brand Beyond Yoga for an…
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6 August
Matalan to create 200 jobs as part of Kickstart scheme
Matalan has announced that it will be creating over 200 placements across its business to assist young people in gaining…
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5 August
Adidas raises FY guidance amid 51% Q2 revenue growth
Adidas has reported a 51% year-on-year growth to group revenues of โฌ5.08bn (ยฃ4.33bn) in the second quarter of FY21. The…
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4 August
New Look posts Q1 profits of ยฃ15m
New Look has swung to a ยฃ15m adjusted EBITDA profit in the first quarter of FY22, compared with losses of…
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3 August
Wolverine World Wide acquires Sweaty Betty for ยฃ295m
Wolverine World Wide has announced that it has acquired UK retailer Sweaty Betty in an all-cash transaction valued at approximately…
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