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- 2023 -30 March
Primark boosts hourly pay for retail assistants
Primark is to increase the pay of its retail assistants in Great Britain, giving around 26,000 retail colleagues an average…
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30 March
H&M Q1 profit boosted by second-hand Sellpy platform
H&M has seen operating profit hit SEK 725m (£56.4m) in its first quarter of trading, up from SEK 458m (£35.6m)…
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29 March
Next profits jump 5.7% to £870m amid anticipation of future decline
Next has announced that its pre-tax profits rose 5.7% to £870m, up from £823m, for the year ended 31 January…
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29 March
Next acquires Cath Kidston for £8.5m with job losses expected
Next has agreed to acquire the brand name, domain names and intellectual property of Cath Kidston for £8.5m, with job…
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28 March
Scotch and Soda rescued by Bluestar Alliance
Dutch fashion brand Scotch and Soda has announced that it has been acquired by New York brand management company Bluestar…
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28 March
Next eyes Cath Kidston acquisition
Next is reportedly in advanced talks to rescue the Cath Kidston brand, in a move that would further expand its…
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27 March
In The Style shareholders’ narrowly approve £1.2m deal
In The Style’s shareholders have narrowly approved a sale to a private equity firm in a bid to avoid administration.…
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24 March
Dr. Martens appoints new director to board
Dr. Martens has appointed Andrew Harrison as an independent non-executive director following a “comprehensive” search and selection process. Harrison, who…
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23 March
Superdry offloads Asia Pacific IP assets in £40m deal
Superdry has announced it has agreed to sell its intellectual property assets in the Asia Pacific region to Cowell Fashion…
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22 March
Scotch & Soda files for bankruptcy for Dutch operations
Scotch and Soda has filed for bankruptcy for its Dutch operations after a structural cash flow deficit led to a…
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