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- 2022 -4 August
Adidas lowers full year forecast as Q2 profits drop 27.9%
Adidas has reported that its operating profits dropped 27.9% year-on-year from €543m (£454.5m) to €392m (£328.1m) in the second quarter…
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3 August
Mulberry profits rise to £21m as revenues jump 35%
British luxury fashion brand Mulberry has posted profits before tax of £21.3m for the 53-week period ended April 2022, up…
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2 August
VF Corp Q1 revenues surge to $2.3bn
VF Corporation has revealed its Q1 revenues surged 3% to $2.3bn (£1.9bn) boosted by its performance in EMEA and the…
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1 August
Seraphine profits fall below expectations despite revenue growth
Maternity brand Seraphine has revealed its adjusted EBITDA has come in below previously guided expectations despite posting a 33% increase…
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1 August
JD Sports sells Footasylum to German investor for £37.5m
JD Sports has revealed it has agreed to sell Footasylum Limited to German investment firm Aurelius Group in a £37.5m…
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Jul- 2022 -29 July
Asos, Boohoo and Asda investigated over sustainability claims
The Competition and Markets Authority (CMA) is launching investigations into Asos, Boohoo and George at Asda to scrutinise eco-friendly and…
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28 July
Frasers Group acquires online retailer I saw It First
Frasers Group has announced the acquisition of the online fashion retailer I Saw It First for an undisclosed sum. Frasers…
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28 July
Unbound confirms launch of new marketplace
Unbound Group plc has confirmed the initial launch of its new multi-brand platform, as scheduled, and the further Autumn Winter…
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26 July
Swiss investment firm acquires Henri-Lloyd
Odlo International AG, a Swiss performance brand in Monte Rosa Capital’s portfolio, has announced the acquisition of Henri-Lloyd, the 60-year-old…
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25 July
Asos delays autumn orders amid fears shoppers may cut back
Asos has delayed some autumn orders due to concerns that customers will cut back on buying new clothes in the…
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