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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Aug- 2024 -22 August
Shein mulls selling shares to British public amid IPO backlash
Shein is reportedly looking to sell its shares directly to the British public after its potential £50bn listing on the…
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21 August
Asos shareholders approve new pay plan for execs
Asos shareholders have approved a new pay plan for executives with the group’s new Value Creation Plan (VCP). According to…
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20 August
Sosandar to open third store at Metrocentre
UK fashion brand Sosandar has announced that it has signed a lease agreement to open its third store in Newcastle’s…
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19 August
Boohoo in dispute with suppliers over poor stock quality
Boohoo and its suppliers are reportedly in a dispute over claims the fast fashion group has received a significant amount…
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19 August
Ted Baker to shutter remaining stores, 500 jobs at risk
The remaining 31 Ted Baker stores will permanently shutter this week, putting more than 500 jobs at risk. According to Sky…
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16 August
Lolë Brands acquires Sanuk
Lolë Brands, a global apparel company producing athleisure, active and outerwear, has acquired outdoor lifestyle footwear brand, Sanuk, previously a…
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13 August
Shein scouts Midlands warehouse ahead of London IPO
Shein is reportedly looking to open its first British warehouse within the Midlands’ “golden logistics triangle” ahead of its anticipated…
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9 August
Under Armour swings to $300m loss amid decline in revenues
Under Armour has reported an operating loss of $300m (£235.0m) for the three months ended 30 June 2024, as its…
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7 August
White Stuff welcomes sales uptick in FY24
White Stuff has welcomed a strong year of trading, as sales rose by 2.4% to £155m in the year ended…
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6 August
Zalando sales rise 3.4% in Q2 amid sports division boost
Zalando has welcomed a strong second quarter of trading that was boosted by a rising demand in sportswear, as revenues…
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