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 -3 March
Victoria’s Secret lowers FY22 forecast despite 25% sales surge
Victoria’s Secret and Co. has lowered its Q1 FY22 operating income forecast to be in the range of $80m (£59.78m)…
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2 March
Asos cuts ties with Russia
Asos has announced that it has made the decision to cut ties with Russia following its invasion of Ukraine last…
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1 March
Asos extends partnership with Microsoft
Asos has signed a new cloud agreement with Microsoft that will see the business continue to use the Microsoft Cloud…
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Feb- 2022 -28 February
Primark H1 sales surge 60%
Associated British Foods (ABF) said it expects sales and adjusted operating profit to be ahead of the pre-Covid levels that…
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28 February
Asda confirms £27.8m pay bonus for staff
Asda has confirmed that 103,000 hourly-paid store colleagues across the UK will share a £27.8m bonus pot in February’s pay…
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25 February
Farfetch revenues hit $2.3bn
Farfetch Limited, the global platform for the luxury fashion industry, has reported its revenues increased 35% year-on-year to $2.3bn (£1.71bn)…
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25 February
Frasers Group acquires Studio Retail
Frasers Group has announced that it has acquired digital retailer, Studio Retail Limited and certain other assets of Studio Retail…
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23 February
Ted Baker Q4 sales jump 35%
Ted Baker Plc has announced its group sales increased 35% year-on-year in the 12-week period from 7 November 2021 to…
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18 February
JD Sports delays annual release but lifts outlook
JD Sports has announced the release of its annual results for FY22 are set to be delayed, however it added…
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17 February
Mango brings forward sustainability targets
Mango has announced that it is bringing forward its sustainability targets after revealing that 80% of all the garments it…
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