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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Feb- 2021 -23 February
GMB slams Arcadia collapse scandal
GMB has criticised the “scandal” regarding the collapse of retail group Arcadia, revealing that the taxpayer will have to pay…
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23 February
Moncler EBIT falls 25% in FY20
Moncler has announced its EBIT fell by 25% to €368.8m (£318m) for the financial year ended 31 December 2020, down…
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23 February
Clarks CEO steps down amid C-suite shake-up
Giorgio Presca has reportedly stepped down from his role as CEO of Clarks, according to Drapers. Presca, along with the…
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22 February
Shoe Zone finance director steps down
Shoe Zone has announced that Peter Foot, its finance director, has left the company with immediate effect. The board has…
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19 February
H&M issues £433m sustainability-linked bond
H&M has issued a €500m (£433m) sustainability-linked bond with a maturity of 8.5 years which will aim at providing incentives…
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18 February
Topshop collapse hits creditors with £176m loss
Topshop and Topman creditors are reportedly facing losses of £176m since the demise of Sir Phillip Green’s Arcadia, according to…
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17 February
Adidas to sell Reebok to focus on core brand
Adidas has confirmed it is to begin a formal sales process for its Reebok brand as it looks to concentrate…
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15 February
Bravissimo secures multi-million pound investment
Bravissimo, a lingerie retailer, has secured a multi-million pound funding package from NatWest to upscale its online presence. Currently an…
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15 February
Burberry to repay £6m in business rates relief
Burberry has voluntarily agreed to repay around £6m in business support to the Treasury, following the business rates holiday designed…
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12 February
Shoe Zone expects to report £14.6m FY loss
Shoe Zone has announced that ahead of its FY 2020 results, it expects to report a statutory loss before tax…
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