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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Apr- 2024 -19 April
American Golf’s ‘reset’ helps it return to profit
American Golf has reported that its strategic ‘reset’ has led to a £5.7m increase in EBITDA from a loss of…
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19 April
Bensons for Beds appoints new CMO
UK bed specialist Bensons for Beds has appointed Mark Slater as chief commercial officer and part of its executive team.…
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18 April
Adidas raises FY profit guidance amid strong Q1
Adidas has upped its profit guidance for the year after it revealed its Q1 profits increased to €336m (£287m), up…
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18 April
Shein revives interest in acquiring Topshop
Shein is reportedly amongst a “number” of retailers still interested in acquiring the Topshop brand from Asos. According to The…
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17 April
Asos losses widen to £120m in H1 as sales fall 18%
Asos has seen its losses deepen to £120m in the first half of the year, a 32.6% increase compared to…
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16 April
Primark lowers prices on hundreds of kidswear items
Primark is lowering prices on hundreds of its essential kids clothing and accessories as the retailer reaffirms its commitment to…
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16 April
Superdry seeks rent reductions as part of restructuring plan
Superdry has revealed its restructuring plan as it seeks reductions in rent across 39 of its UK stores. Furthermore, the…
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16 April
Dr Martens CEO to step down as US revenues decline
Dr Martens has revealed that CEO Kenny Wilson will step down this year, as the shoe retailer expects its USA…
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16 April
Sosandar FY revenues rise 9% to £46.3m
Sosandar revenues jumped 9% to £46.3m during the financial year ended on 31 March. The womenswear brand rose from a…
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15 April
Charles Tyrwhitt sales jump 45% to £269.2m in FY23
Charles Tyrwhitt’s sales jumped 45% to £269.2m during the 52-week period ended 29 July 2023. The retailer said that the…
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