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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Jan- 2019 -29 January
M&Co to cut 59 head office jobs
Clothing retailer M&Co has announced it is to cut 59 jobs from its head offices in London and Inchinnan. The…
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28 January
Philip Green ends legal challenge against Telegraph
Sir Philip Green has ended his legal action against the Telegraph over its accusations of sexual harassment, bullying and racism…
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25 January
Clothing manufacturers are failing to pay minimum wage, inquiry finds
British clothing manufacturers have been forced to pay almost £90,000 to employees for non-payment of minimum wage, following an HMRC…
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23 January
Burberry like-for-like sales marginally up over December
Luxury fashion house Burberry has announced a marginal like-for-like sales increase over December as it “continued to build brand heat”…
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21 January
Vans and North Face owner raises FY forecasts amid revenue boost
VF Corporation (VFC), Vans and The North Face owner, has reported a Q3 4% total revenue growth in its EMEA…
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18 January
Moodys lowers Debenhams and New Look ratings
Financial services firm Moodys has changed the outlook for both New Look and Debenhams from stable to negative amid both…
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18 January
New Look’s Belgium outfit files for insolvency
The board of New Look Retail Group has announced its Belgium arm (NLB) has filed for insolvency following a review…
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17 January
Primark store expansion boosts festive sales
Fashion retailer Primark recorded a 4% increase in sales over the festive period buoyed by the continued expansion of store…
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16 January
Jack Wills drafts in advisers
Fashion retailer Jack Wills has reportedly appointed accountancy firm EY to scrutinise and advise on its financial position. According to…
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15 January
Boohoo raises revenue forecasts amid sales surge
Online fashion retailer Boohoo has raised its revenue guidance for the year after group sales surged 44% to £328.2m in…
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