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 -24 May
Gymshark founder climbs Sunday Times Rich List as profits hit £45m
Gymshark has reported pre-tax profits of £45.4m in the financial year ended 31 July 2022, with profits in the year…
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24 May
H&M unveils new Braehead store
H&M has announced the opening of its new store at Braehead shopping centre, a retail and leisure destination, under the…
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24 May
Boohoo agrees settlement for US class action
Boohoo has announced it has agreed a settlement “without admission of liability” in relation to the class action settlement brought…
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23 May
Ted Baker selects preferred bidder as Sycamore backs out
Ted Baker has announced it has selected a preferred counterparty to buy the business as US Private equity firm, Sycamore,…
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18 May
N Brown profits surge 46% to £43m
N Brown, the owner of high street brands Jacamo and Simply Be has revealed its profit before tax increased 46.6%…
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18 May
Burberry lowers FY23 forecast despite record revenues
Burberry has lowered its FY23 forecast as it expects a currency tailwind of £159m on revenues and £92m on adjusted…
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17 May
JD Williams launches sustainable clothing range
JD Williams, a strategic brand within N Brown Group plc, has announced the launch of its sustainable, own-brand clothing range,…
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16 May
Woolwich Shoe Zone to reopen after refit
Shoe Zone is set to reopen its Woolwich store on 27 May after it closed for a month to undergo…
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16 May
Next faces investor backlash over CEO bonus
Next plc is facing a potential backlash from the Institutional Voting Information Service (IVIS) as the retailer’s chief executive, Simon…
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13 May
Adidas ads featuring nudity banned over ‘widespread offence’
The Advertising Standards Agency (ASA) has banned adverts from a recent Adidas campaign after ruling that the images featured were…
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