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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May- 2024 -31 May
JD Sports PBT dips 8% amid ‘challenging market’
JD Sports has seen its profit-before-tax fall 8% down to £912.4m for the year ended 27 January 2024. Despite this,…
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30 May
Carhartt WIP to open new flagship store in Soho
Lifestyle and apparel brand Carhartt WIP has recently signed for a new flagship store in Soho at 33-35 Brewer Street.…
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30 May
Dr Martens to cut £25m in costs as full-year profits plummet
Dr Martens is targeting £25m in cost savings after its pre-tax profits plummeted 43% to £97m in the 12 months…
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30 May
Abercrombie and Fitch Q1 sales surge to $1bn
Abercombie and Fitch has reported a 22% increase in net sales to $1bn (£787.3m) for the first quarter ended 4…
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29 May
Boohoo ditches £1m exec bonus plan after shareholder backlash
Boohoo has announced that it has decided to withdraw from paying its top executives bonuses worth £1m after it received…
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29 May
Primark enters 17th market with new Budapest store
Primark has officially entered its 17th market with the opening of a store in Hungary’s capital Budapest. The move comes…
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28 May
Ted Baker lender expressed ‘concern’ over administrators
Ted Baker’s largest lender, Secure Trust Bank, has fallen out with its administrators over an alleged conflict of interest, according…
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28 May
Gov should be talking about ‘falling apprenticeships’, says John Lewis boss
The outgoing chair of John Lewis, Dame Sharon White, has claimed that the government should be discussing the reasons why…
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28 May
Boohoo shareholders to revolt over exec bonuses
Boohoo is facing a backlash from its investors after awarding millions of pounds in bonuses to executives despite widened losses,…
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24 May
John Lewis launches UK’s ‘largest range’ of rentable menswear
John Lewis has unveiled the “largest range” of menswear brands available to rent on the high street, with the likes…
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