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- 2022 -10 May
Adidas Q1 profits drop almost 40%
Adidas has reported its operating profits dropped 38% year-on-year from €704m (£602.71m) to €437m (£374.13m) in the first quarter ending…
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10 May
Schuh opens distribution centre in Ireland
Schuh has announced the opening of a 49,000 square foot distribution centre in Ireland. The new facility at northwest business…
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10 May
Cost of living crisis begins to hamper consumer spending
Spending on essential items dropped to 18.1% in April, compared to 17.4% in March, as inflation and rising living costs…
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6 May
Sports Direct opens £10m Birmingham flagship
Sports Direct is opening its latest flagship store in the heart of Birmingham with a 60,000 square feet concept space…
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5 May
Zalando revenues dip despite rise in active customers
Zalando has revealed that its revenues for the period dipped 1.5% YOY to €2.2bn (£1.8bn) as it transitioned to a…
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5 May
Next Q1 sales surge 22% despite online hit
Next plc has reported that its full price sales surged 22% year-on-year for the 13 weeks to 30 April (Q1),…
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4 May
Boohoo profits sink 94% to £7.8m
Boohoo has announced its profit before tax sunk 94% to £7.8m in 2022, compared to £124.7m in 2021, according to…
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4 May
Joules CEO steps down as group warns of market challenges
Joules has announced that its CEO, Nick Jones, will step down from his role during the first half of the…
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Apr- 2022 -29 April
Victoria’s Secret and PINK Beauty launches on Amazon
Victoria’s Secret and Co. has launched its Victoria’s Secret Beauty and Pink Beauty products in Amazon’s store, with approximately 120…
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27 April
Ted Baker receives ‘number of bids’ as sales process continues
The board of Ted Baker PLC has announced it has received a number of non-binding proposals from potentially interested parties.…
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