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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Nov- 2022 -3 November
Zalando revenues rise by 2.9% in Q3
Zalando’s revenues have increased by 2.9% in its third quarter, with its adjusted EBIT increasing to €13.5m (£11.7m), up from…
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2 November
For The Creators to launch new rental subscription service with Zoa Rental
For The Creators, a fashion rental and resale platform aimed at pregnant women and new mums looking to save money…
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1 November
Asos to axe 100 roles
London-based fashion retailer Asos is planning to axe 100 job roles, following a £32m pre-tax loss this year. It is…
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Oct- 2022 -28 October
VF Corp revises outlook as Q2 revenues fall 4%
VF Corp, the owner of brands such as Vans and North face, has revised its FY outlooks after it revealed…
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27 October
Inditex agrees sale of Russian business
Zara parent company Inditex has reached an agreement for the sale of its business operations within Russia to Daher Group. …
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26 October
Burlington Arcade unveils three jewellers among new brands
Burlington Arcade has announced that it has signed 12 new brands, including 3 new jewellers , bringing the total number…
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26 October
Adidas and Gap end ties with Kanye West amid anti-semitic rant
Adidas has ended its working partnership with rapper Kanye West, saying it “does not tolerate antisemitism”, after West published offensive…
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24 October
Frasers acquires stake in Asos
Mike Ashley’s Frasers Group has reportedly snapped up a stake in embattled online retailer Asos. Frasers notified Asos it had…
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19 October
Asos profits plunge 105% as group outlines turnaround strategy
Asos has seen its profits plummet 105% to a loss of £9.8m in its latest full-year results, down from profits…
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17 October
JD Sports increases stake in Deporvillage to 98%
JD Sports has announced the acquisition of an additional 18% holdings in the shares in sports equipment retailer, Deporvillage SL,…
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