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- 2022 -17 March
Brunello Cucinelli acquires 43% stake in Lanificio Cariaggi
Luxury fashion retailer Brunello Cucinelli has announced that it has acquired from the Cariaggi family a 43% stake in the…
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16 March
Vestiaire Collective acquires US reseller Tradesy
Vestiaire Collective, the global online marketplace for “pre-loved fashion” has announced the acquisition of Tradesy, the US fashion reseller for…
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16 March
Inditex FY21 profits surge 199% despite Omicron impact
Inditex, the parent company of Zara, has reported its income before tax surged 199% to €4.19bn (£3.53bn) between 1 February…
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16 March
Clarks appoints former New Balance lead as CEO
Clarks has appointed Jonathan Ram as its new CEO, with Ram set to join the business next month. He brings…
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15 March
Gap opens first UK shop-in-shop on Oxford St with Next
Gap Inc. and Next Plc announced the opening of the first Gap-branded shop-in-shop within Next’s largest West End store on…
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15 March
H&M hails Q1 sales growth of 23%
The H&M Group has reported a net sales increase of 23% in the first quarter of FY22, hitting SEK 49.16bn…
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14 March
Yoox Net-A-Porter unveils luxury menswear resale service
Yoox Net-A-Porter has announced the launch of its new dedicated luxury resale service for menswear, Mr Porter Resell, as part…
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14 March
Ted Baker launches new website to boost online sales
Ted Baker has announced the launch of its new website in partnership with BigCommerce, an Open SaaS ecommerce platform, in…
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11 March
Uniqlo reverses decision to remain in Russia
Fast Retailing, the parent company of fashion brand Uniqlo, has announced it will temporarily suspend its operations in Russia amid…
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11 March
Mango reports highest profit in decade
Mango has closed FY21 with the highest profits in almost a decade, with a net profit of €67m (£56m), triple…
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