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- 2023 -16 May
Boohoo profits halve in FY22
Boohoo has seen its profits fall by 49% to £63.3m in 2022, with revenues falling to £1.8bn, down by 11%…
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16 May
ABG closes in on Hunter Boots acquisition
American-based brand management business Authentic Brands Group is reportedly closing in on the acquisition of royal warrant-holding footwear brand Hunter,…
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15 May
Shein to launch 30 pop-ups around EMEA
Shein has announced plans to host roughly 30 pop-ups around the Europe, Middle East and Africa (EMEA) region this year. …
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15 May
Allbirds co-founder steps down as co-CEO
The co-founder of footwear retailer Allbirds has stepped down from his role as co-CEO to instead take up the role…
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12 May
Prada net revenues jump 22% to €1.06bn
Prada has reported that its net revenues increased 22% to €1.06bn (£928m) YoY despite an uncertain macroeconomic environment, according to…
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10 May
Hugo Boss targets younger customers with new denim brand
Following its brand refresh last year, Hugo Boss is launching a new denim brand in a bid to attract younger…
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10 May
Charles Tyrwhitt to roll out green asset control tech
Menswear brand Charles Tyrwhitt has invested in green asset control technology provided by LoweConex in order to reduce energy consumption…
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9 May
Regulator to investigate Joules auditor Deloitte
The Financial Reporting Council (FRC) has launched an investigation in relation to Deloitte’s audit of clothing retailer Joules. The investigation…
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9 May
JD Sports set to acquire Courir for £452.6m
JD Sports has announced that it has entered into exclusive talks to acquire French retailer Courir in a £452.6m deal.…
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9 May
Retail sales rise 5.1% in April
Total retail sales increased by 5.1% in April 2023, against a decline of 0.3% in the same month last year,…
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