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- 2024 -23 August
Fred Perry PBT jumps 11.5% to £18.5m
Fred Perry has revealed its profit-before-tax jumped 11.5% to £18.4m in the year ended 31 December 2023. In its most…
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23 August
Shein uncovers two cases of child labour in supply chain
Shein has revealed it uncovered two cases of child labour in its supply chain last year, as both cases were…
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22 August
TK Maxx owner ups FY profit guidance
TK Maxx owner, TJX Companies, has revealed it has upped its FY profit guidance after its comparable store sales increased…
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22 August
Urban Outfitters reports ‘record’ Q2 sales of $1.35bn
US lifestyle brand Urban Outfitters has reported a 6.3% increase in total net sales to a “record” $1.35bn (£1.03bn) for…
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22 August
JD Sports sales rise 2.4% in Q2 amid global expansion
JD Sports has welcomed a strong second quarter of trading, with like-for-like sales up by 2.4%, as organic sales grew…
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22 August
Shein mulls selling shares to British public amid IPO backlash
Shein is reportedly looking to sell its shares directly to the British public after its potential £50bn listing on the…
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21 August
Asos shareholders approve new pay plan for execs
Asos shareholders have approved a new pay plan for executives with the group’s new Value Creation Plan (VCP). According to…
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20 August
Sosandar to open third store at Metrocentre
UK fashion brand Sosandar has announced that it has signed a lease agreement to open its third store in Newcastle’s…
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19 August
Boohoo in dispute with suppliers over poor stock quality
Boohoo and its suppliers are reportedly in a dispute over claims the fast fashion group has received a significant amount…
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19 August
Ted Baker to shutter remaining stores, 500 jobs at risk
The remaining 31 Ted Baker stores will permanently shutter this week, putting more than 500 jobs at risk. According to Sky…
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