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 -13 March
Superdry appoints advisers to help cut costs
Superdry has appointed Interpath Advisory to help it cut costs after a number of profit warnings, according to reports from…
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13 March
Allbirds hires new chief financial officer
Allbirds has appointed Annie Mitchell, as chief financial officer, effective April 24, 2023. She will replace Mike Bufano, who will…
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10 March
Boohoo narrowly approves new growth plan
Boohoo has experienced pushback from shareholders over its plans to award executives ยฃ175m if its share price improves, despite the…
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10 March
Prada reports profits rise 21% to โฌ4.2bn for FY22
Prada Group has reported that its 2022 revenues increased to โฌ4.2bn (ยฃ3.7bn), marking a 21.3% rise over 2021, according to…
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10 March
Mango welcomes record turnover of โฌ2.7bn in FY22
Mango has welcomed record sales in 2022, with turnover reaching โฌ2.7bn (ยฃ2.4bn), the highest in the companyโs history and 20.3%…
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9 March
Hugo Boss welcomes record sales in FY22
Hugo Boss sales increased 27% to a new record of โฌ3.7bn (ยฃ3.2bn), according to the latest 2022 report released today.ย …
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9 March
Adidas profits fall 1% to ยฃ9.45bn amid Yeezy split
Adidas has reported that its FY gross profit declined 1% to ยฃ9.45bn, down from the ยฃ9.54bn it made in 2021,…
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7 March
Zalandoโs customer base surpasses 50 million
Zalando, European fashion and lifestyle retailer, has announced that its customer base grew 6% more than 51 million last year…
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6 March
Victoriaโs Secret sales fall 6% in FY22
Lingerie retailer Victoriaโs Secret recently announced that sales for the full-year 2022 fell 6% compared to the previous year and…
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3 March
Ted Baker owner considers Hunter Boot bid
Owner of Ted Baker and Reebok Authentic Brands Group (ABG) is reportedly weighing up a move to acquire Hunter Boot,…
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