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- 2019 -13 December
Kate Spade CEO resigns
Tapestry Inc. has announced the departure of Anna Bakst, CEO and brand president of Kate Spade. Bakst will leave her…
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12 December
Superdry profits slump in half-year results
Superdry saw underlying profits tumble to £200,000 in the six months to 26 October 2019, down from £12.9m recorded during…
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11 December
Inditex reveals boost to net sales and profit
The parent company of Zara, Inditex, has posted “strong” trading results for the first nine months of the year. Following…
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10 December
Ted Baker bosses depart as it warns of profits drop
Ted Baker has confirmed its CEO Lyndsay Page has resigned and chairman David Bernstein is to step down from their…
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9 December
Ted Baker appoints Deloitte to probe £25m stock overstatement
Ted Baker has appointed ‘Big Four accountancy firm’ Deloitte to probe into its accounting blunder that revealed it had overstated…
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6 December
CMA issues interim order to halt JD Sports’ Footasylum acquisition
The Competition and Markets Authority (CMA) has issued an interim order against the proposed £90m takeover of Footasylum by JD…
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6 December
Boohoo founders sell off £143m of stock
Boohoo founders, Mahmud Kamani and Carol Kane, have announced the sale of 50 million shares in the fashion group, at…
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5 December
Ted Baker drafts in AlixPartners to review operations
Ted Baker has reportedly drafted in consultancy firm AlixPartners to conduct a review of its operations. According to the Financial…
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4 December
Quiz profits slide in half-year results
Quiz has announced a “disappointing” fall in profits in its half-year interim results. In the six months ended 30 September,…
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2 December
Ted Baker reveals £25m stock inventory error
Ted Baker has revealed its profits have been overstated by £25m. The company’s board estimated the value of inventory on…
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