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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Mar- 2024 -27 March
H&M H1 profits beat expectations despite sales dip
H&M has revealed that its operating profit increased to SEK2.077bn (£155m), up from SEK725m (£54m) despite net sales decreasing to…
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27 March
Asos, Boohoo and Asda commit to green claim changes after CMA probe
Asos, Boohoo and George at Asda have committed to change the way they display, describe, and promote their green credentials,…
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26 March
Asos maintains profit guidance despite HY sales falling 18%
Asos has reported that sales fell by 18% during the half-year period to 3 March, which the online retailer…
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21 March
Next profits hit record high of £918m
Next has revealed its profit before tax increased 5% to £918m as it focused on improving its product ranges, online…
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20 March
Abercrombie & Fitch signs agreement for new Oxford St store
Abercrombie and Fitch has signed an agreement with global real estate group, Hines, that will see it open a new…
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20 March
Kontoor Brands appoints new COO
Lifestyle apparel company Kontoor Brands has announced the appointment of Tom Waldron as its new chief operating officer. In his…
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20 March
Kering warns first quarter revenues to decline by 10%
Kering’s first quarter revenue of 2024 is likely to decline by approximately 10% on a comparable basis, from last year’s…
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19 March
Ted Baker to call in administrators
The US owner of Ted Baker, Authentic Brands Group, has announced its intention to appoint Teneo Financial Advisory as administrators…
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19 March
JD Williams launches new Anthology collection
JD Williams, a leading platform within N Brown Group plc, has launched its new premium capsule collection, Anthology, for spring/summer…
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19 March
Castore agrees Umbro Pro Team Sports license
Castore has announced it has completed a deal with Umbro licensee, GL Dameck to sign an exclusive Umbro Professional Team…
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