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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Jun- 2023 -2 June
Lululemon revenues hit $2bn in Q1
Lululemon revenues have increased by 24% to $2bn (£1.6bn) during the first quarter of 2023, as sales increased 17% on…
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1 June
Dr Martens profits drop 29% to £128m
Dr Martens has reported that its profit after tax declined 29% to £128m for the year ended 31 March 2023,…
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1 June
Cotton Traders hails ‘most successful’ year to date
Fashion retailer Cotton Traders has welcomed its “most successful financial year to date”, announcing it has increased its yearly turnover…
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May- 2023 -26 May
Asos raises £75m alongside £275m asset based refinancing deal
Asos has announced that it has raised £75m from shareholders as well as landing a lucrative refinancing deal based on…
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26 May
Burberry appoints new chief people officer
Burberry has appointed Alexandra McCauley as its new chief people officer. McCauley, who will start in London on 15 November…
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25 May
Crew Clothing CEO ousted by group’s owner
Crew Clothing’s CEO has reportedly been ousted by the group’s owner, This is Money has reported, with other senior executives…
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25 May
Urban Outfitters owner sees sales hit £900m in Q1
URBN, parent company of Urban Outfitters, Anthropologie and Free People, has seen net sales rise 5.9% to a record $1.11bn…
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24 May
VF Corp FY revenues dip as Vans sales fall
VF Corp, the owner of brands such as Vans, The North Face and Timberland, has seen its revenues dip by…
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23 May
Mike Ashley set for Mulberry boardroom showdown
Mike Ashley could be set for a boardroom showdown with the majority shareholder at Mulberry, according to reports from The…
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23 May
Alex Marsh steps down as Klarna UK head
Klarna’s UK head, Alex Marsh, has announced that he is stepping down from the Swedish buy-now-pay-later (BNPL) company. Marsh resigns…
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