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- 2024 -2 February
Norwegian hedge fund builds stake in Superdry
First Seagull, a Norwegian alternative investment fund, has built a 5.3% stake in Superdry as a result of its plummeting…
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2 February
Adidas to sell remaining Yeezy stock
Adidas has reported an operating profit of €268m (£229m) in 2023, compared with its previous guidance of a €100m (£85m)…
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1 February
Boohoo lenders reject £75m debt extension bid
Boohoo’s attempt to extend its repayment deadline on a £325m debt has been rejected by some of its lenders due…
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Jan- 2024 -29 January
Hela Apparel Holdings acquires Focus Brands
Sri Lankan clothes manufacturer, Hela Apparel Holdings, has announced its acquisition of Focus Brands, a brand management company in one…
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26 January
M&S makes two new executive appointments
M&S has announced the appointment of Rachel Higham as its new chief digital and technology officer and Mark Lemming as…
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26 January
Superdry reports ‘challenging’ trading amid new CFO announcement
Superdry has revealed its half-year revenues are down 23.5% to £219.8m due to a “challenging” consumer retail market as it…
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25 January
Dr Martens Q3 revenue drops 21% to £267.1m
Dr Martens has revealed that its revenues dropped 21% to £267.1m in the three months ended 31 December 2023. Alongside…
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25 January
White Stuff to open new flagship store in Liverpool
Lifestyle brand White Stuff has announced it is set to open a new flagship store at Liverpool One in the…
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25 January
Puma sales dip in 2023 due to Argentinian peso devaluation
Puma achieved full-year currency-adjusted sales growth of 6.6%, with preliminary 2023 sales of €8.6bn (£7.3bn) due to the devaluation of…
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24 January
Quiz blames inflation amid Xmas sales dip
Fashion retailer Quiz has blamed “inflationary pressures” for negatively impacting its sales performance during Christmas trading as its group sales…
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