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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Nov- 2020 -3 November
ABF profit slumps as Primark hit by £2bn loss
Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to £810m in the…
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3 November
Laura Ashley returns to high street with Next partnership
Laura Ashley is set to return to the UK high street next year with a new partnership with Next, which…
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2 November
Primark warns of £375m lockdown hit
The parent company of Primark has warned that the retailer will face a £375m hit to sales, in an update…
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2 November
Superdry names interim CFO
Superdry has announced that it has appointed Benedict Simon as its chief financial officer on an interim basis. This new…
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Oct- 2020 -29 October
Shoe Zone to close fifth of stores over next two years
Shoe Zone has announced it expects to close a further 90 stores in the next 18 to 24 months, attributing…
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28 October
Next Q3 sales fall 17%
Fashion retailer Next has reported a 17.9% decline in Q3 amid the continued impact of the coronavirus pandemic. The firm…
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27 October
EWM begins shuttering small number of stores
The Edinburgh Woollen Mill Group (EWM) has reportedly already marked a small number of stores for closure as it continues…
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27 October
Clarks begins landlord talks over restructuring deal
Clarks has reportedly “kicked off” restructuring talks with landlords regarding store closures and rent cuts, according to Sky News. The…
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27 October
Quiz swings to loss as online sales fall
Quiz has swung to a loss of £3.7m in the full-year ended 31 March 2020, against a profit of £0.6m…
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23 October
Gap considers closure of all European stores
Gap has launched a strategic review for its European business that may result in the possible closures of company-operated stores…
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