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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Jun- 2020 -5 June
Gap sales nosedive by 43% in first quarter
Gap Inc. sales plunged 43% year-on-year in the first quarter of 2020, largely driven by store closures across its estate. …
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4 June
New Look enters talks with landlords seeking turnover-based rent
High street retailer New Look has reportedly entered talks with its landlords about switching to a turnover-based rent system. According…
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4 June
LVMH retreats from Tiffany takeover
Luxury powerhouse LVMH has announced that it will no longer go ahead with its proposed takeover of Tiffany & Co…
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2 June
Reiss announces phased reopening of stores
British clothing brand Reiss has announced a phased reopening of a select number of UK stores, effective 15 June 2020. …
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1 June
Boohoo faces $100m US lawsuit over fake promotion claims
Boohoo is reportedly facing a $100m (£81m) civil lawsuit from a US law firm over claims it misled shoppers over…
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1 June
Primark outlines 15 June reopening
Primark has detailed its plans to reopen its UK estate, following the recent government announcement that non-essential retail may resume…
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May- 2020 -29 May
Monsoon Accessorize on brink of appointing administrators
Fashion retailer Monsoon Accessorize is reportedly on the brink of appointing administrators. According to Sky News, Monsoon’s owner Peter Simon…
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28 May
Boohoo buys out Pretty Little Thing
Boohoo has announced the acquisition of the remaining 34% of shares in Pretty Little Thing (PLT) from minority shareholders, in…
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22 May
Clarks to cut 900 jobs as part of new ‘made to last’ strategy
Clarks has announced the launch of its long-term ‘made to last’ strategy that is designed to ensure that Clarks has…
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22 May
Burberry sales fall 27% amid Covid-19 pandemic
Luxury fashion retailer Burberry has reported a 27% decrease in like-for-like sales in its fourth quarter results, attributing the loss…
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