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 -6 November
Superdry H1 revenues fall 23.3%
Superdry has announced that total revenue fell by 23.3% in the half-year period ended 24 October 2020, reflecting the challenging…
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5 November
M&S confirms it will stay open during lockdown
Marks and Spencer has confirmed that its clothing and home division will remain open despite the lockdown restrictions. According to…
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5 November
Clarks agrees ยฃ100m rescue deal with LionRock Capital
Clarks has been rescued in a ยฃ100m deal with LionRock Capital – the Hong-Kong-based private equity firm. Announcing its new…
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5 November
Joules trading exceeds expectations
Joules’ recent sales are exceeding expectations, according to the groupโs trading update in the financial year to 31 May 2021.…
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4 November
Frasers Group increases stake in Mulberry to 29.7%
Frasers Group has more than doubled its stake in Mulberry, the luxury fashion company, from 12.5% to 29.7%. Mike Ashleyโs…
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3 November
ABF profit slumps as Primark hit by ยฃ2bn loss
Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to ยฃ810m 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 ยฃ375m lockdown hit
The parent company of Primark has warned that the retailer will face a ยฃ375m 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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