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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Mar- 2021 -11 March
M&S adds third-party brands to online offering
Marks and Spencer has announced a set of third-party brands such as Joules and Sosandar are to be added to…
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10 March
Mango 2020 in-store turnover falls 43%
Fashion, footwear, and accessories retailer Mango has announced turnover for FY20 of £1.58bn, as the performance of its in-store and…
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10 March
Inditex profits fall to €1.1bn despite strong online sales
Inditex, the parent company of fashion retailers Zara and Massimo Dutti, has revealed a fall in profits to €1.1bn (£940m)…
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10 March
In The Style raises £49m ahead of float on AIM
In The Style has announced its plans to float on admission (AIM) in the stock exchange after raising £49m in…
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4 March
Capri names Alejandro Martinez-Galindo as CIO
Luxury fashion group Capri Holdings has announced the appointment of Alejandro Martinez-Galindo as chief information officer at the group. Commencing…
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3 March
Abercrombie and Fitch sales fall 5% in Q4
Abercrombie and Fitch has announced that net sales in the fourth quarter ended 31 January, 2021 slumped by 5% to…
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3 March
Kering backs Vestiaire Collective in £154m investment round
Vestiaire Collective, a global platform for second-hand fashion, has announced the completion of a £154m investment round, backed by Gucci’s…
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1 March
GFG welcomes first profitable year
Global Fashion Group (GFG) has announced its first adjusted EBITDA positive year for FY20 at €16.4m (£14.1m), its first profitable…
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Feb- 2021 -26 February
Farfetch losses widen despite revenue increase
Online luxury retailer Farfetch has revealed its losses widened for FY20 to $3.3bn (£2.36bn) despite its revenues increasing 64% year-over-year…
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25 February
TK Maxx owner sees 10% sales slide due to lockdown
TJX Companies, the parent company of TK Maxx, has reported a 10.7% drop in FY21 net sales to $32.1bn (£22.6bn),…
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