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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Feb- 2019 -8 February
Foot Locker invests $100m in online marketplace Goat.com
Foot Locker has announced it will make a $100m (ยฃ77.3m) strategic minority investment in Goat – a managed marketplace for…
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7 February
Click-and-collect market to grow to ยฃ9.8bn by 2023
The UK click-and-collect market is set to rise 45.8% over the next five years to reach ยฃ9.8bn by 2023, according…
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Jan- 2019 -31 January
Shop Direct consulting with 225 members of staff over job cuts
Shop Direct, the group which owns online retailers Very and Littlewoods, is in consultation with 225 members of staff over…
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31 January
Arcadia fined ยฃ450k after girl fractures skull in Topshop
Philip Green’s retail group Arcadia has been fined ยฃ450,000 after a 10-year-old girl was hit on the head by a…
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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 ยฃ90,000 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 heatโ…
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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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