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- 2023 -10 August
M&S appoints all-women managers to run new M&S stores
M&S has appointed an all-women team of six managers to lead the openings of five brand-new M&S stores this year.…
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10 August
Farfetch to cut headcount amid restructure
Farfetch is reportedly making redundancies across both its London and New York teams amid a restructuring of the group, Drapers…
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9 August
Manchester martial arts clothing firm expands as sales double
* The Trafford Park firm, which specialises in stylish jiu jitsu sportswear kit, is global hit – shipping to more…
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9 August
Hirestreet launches first ever shoe rental collection with Schuh
UK rental platform Hirestreet has launched its first ever shoe rental offering as part of a new partnership with footwear…
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9 August
Allbirds revenues drop 10% in Q2
Footwear group Allbirds has revealed that revenues fell by 9.8% to $70.5m (£55.3m) in the second quarter of the year,…
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9 August
JD Sports to become sole owner of MIG
JD Sports has announced that it has acquired the remaining 40% minority stake of Marketing Investment Group S.A. (MIG) from…
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8 August
Frasers ups stake in Asos to nearly 17%
Mike Ashley’s Frasers Group has announced that it has once again upped its stake in Asos to nearly 17%. The…
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8 August
Superdry agrees £25m secondary lending facility
Superdry has announced that it has agreed a deal with Hilco Capital Limited for a secondary lending facility worth £25m.…
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8 August
Pretty Little Thing co-founder acquires 3% stake in Boohoo
Umar Kamani, the co-founder of Pretty Little Thing, has bought a 3% stake in Boohoo, according to a recent filing…
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7 August
All Saints reports ‘record’ sales of £457m in FY23
All Saints has reported “record” sales and profit performance as it saw its total revenues increase 36% to £457.0m for…
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