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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May- 2021 -18 May
ABG approaches Adidas with £700m Reebok bid
Adidas has reportedly been approached by Authentic Brands Group with a $1bn (£704m) offer to buy global footwear brand Reebok.…
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18 May
Shoe Zone reports £2.6m loss as revenues fall 40%
Shoe retailer Shoe Zone has reported a loss before tax of £2.6m for the six month period ending 3 April.…
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17 May
Mamas & Papas extends Next partnership
Mamas and Papas, a nursery and childrenswear retailer, has announced plans to extend its concession partnership with Next. The decision…
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14 May
Farfetch Q1 sales rise 46%
Luxury retailer Farfetch has reported a strong start to the year with Q1 revenues increasing 46% to $485m (£344.1m). It…
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13 May
Burberry FY21 revenues decline 10%
Burberry saw its revenue for the 12 months to 27 March 2021 decline 10% year-on-year at CER to £2.34bn. The…
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11 May
Joules raises full-year guidance amid ‘encouraging’ trading
Joules has announced it has raised both its revenue and pre-tax profit guidance after being “encouraged” by recent momentum across…
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7 May
Joules secures ESG-linked financing arrangement
Clothing retailer Joules has announced an extension to its current funding arrangements, converting the facility to an ESG-linked financing arrangement.…
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6 May
Next increases full-year profit guidance to £720m amid sales surge
Next has increased its pre-tax profits guidance for the full year to £720m from £700m after seeing a surge in…
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6 May
Zalando raises FY guidance amid strong Q1 performance
Zalando has upgraded its full-year guidance after delivering its “strongest growth ever” since going public in 2014. It comes as…
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6 May
Superdry revenue slumps 21% in full-year results
Superdry saw revenue fall 21% to £556.6m in the full-year ended 24 April 2021, despite witnessing a slight growth of…
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