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- 2019 -14 June
Lululemon sees Q1 sales surge 20%
Athleisure brand Lululemon has posted a 20% increase in Q1 net revenues to $782.3m (£617m). For the period ending 5…
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7 June
Monsoon delays CVA
Monsoon Accessorize is understood to have delayed its company voluntary agreement (CVA) after landlords failed to support Arcadia’s restructuring plans…
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5 June
Forever 21 ‘exploring restructuring options’
American fast fashion retail chain Forever 21 is reportedly exploring its financial options. Sources have told the media that the…
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3 June
Karen Millen owner mulls sale
Icelandic bank Kaupthing, which owns fashion retailer Karen Millen, has reportedly drawn in Deloitte to explore the sale of the…
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May- 2019 -31 May
Monsoon landlords seek equity stake in exchange for CVA
The landlords of fashion retailer Monsoon Accessorize are reportedly seeking an equity stake in the company in exchange for the…
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31 May
JD Sports’ Peter Cowgill to receive £6m bonus
JD Sports chairman Peter Cowgill is set to receive a £6m bonus following his “exceptional performance” at the sportswear retailer.…
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30 May
N Brown hires first chief brand officer from Missguided
Jacamo owner, N Brown has announced it has appointed Kenyatte Nelson from Missguided as its first ever chief brand officer.…
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29 May
UPDATE: Reiss owner denies reports of potential sale
The owner of fashion retailer Reiss has called reports of a potential sale of its majority stake in the business…
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29 May
Reiss owner mulls sale of majority stake
The US private equity firm Warburg Pincus is reportedly mulling over the sale of its majority state in upmarket fashion…
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28 May
Monsoon founder to inject £34m into business to avoid collapse
The founder of women’s clothing and accessories chain Monsoon has pledged to provide up to £34m in funding for the…
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