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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Dec- 2020 -16 December
Ocado has largest pay gap between CEO and staff, report finds
Online grocer Ocado reportedly has the highest pay gap between workers on the shop floor and those in senior level…
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15 December
Foot Locker appoints senior VP and CIO
Foot Locker has announced the appointment of Himanshu Parikh as senior VP and chief information officer, with immediate effect. In…
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15 December
H&M sales slump in final quarter
H&M has announced that net sales fell by 10% in the quarter ended 30 November 2020, following the impact of…
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14 December
French Connection secures $6.5m in additional funding
French Connection has announced it has secured $6.5m (£4.9m) in additional funding, as part of its latest trading update. The…
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14 December
US group eyes Arcadia and Debenhams takeover
Authentic Brands, the US owner of New York department store brand Barneys, is reportedly eyeing a double takeover of Debenhams…
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11 December
Administrators place £200m price tag on Topshop
Administrators for Arcadia are reportedly seeking a price tag of £200m for the firm’s Topshop brand and are looking to…
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8 December
Moncler acquires Stone Island
Luxury fashion brand Moncler has announced the acquisition of Italian brand Stone Island for an undisclosed sum. The transaction will…
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8 December
Joules sales hit by lockdown
Joules has announced that group revenue was down by 15.3% to £94.5m in the 26-week period ended 29 November 2020.…
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7 December
Ted Baker losses widen as sales fall 42%
Ted Baker has announced that its losses have continued to widen, with underlying loss-before-tax amounting to around £39m, primarily driven…
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4 December
Primark posts £430m sales hit amid second lockdown
Primark was hit with a £430m sales loss following international lockdowns this autumn, according to Associated British Foods (ABF). Primark…
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