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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Jan- 2022 -13 January
M&S raises profit forecast to £500m
The Marks and Spencer Group (M&S) has raised its full year pre-tax profits forecast to £500m, following an 18.6% year-on-year…
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13 January
Asos to move to main stock market amid sales boost
Asos has announced its intention to move to London Stock Exchange’s Main Market at the end of February 2022 after…
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12 January
JD Sports raises profit forecast to £875m
JD Sports Fashion Plc has raised its pre-tax profits forecast to an average £875m for the full year to 29…
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12 January
Weird Fish nearly doubles YoY revenue in 2021
UK lifestyle clothing brand Weird Fish has reported that its overall ecommerce revenue nearly doubled year-on-year as it took £21m…
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11 January
The Very Group appoints non-executive chair
The Very Group has appointed Dirk Van den Berghe, former Walmart executive vice president and regional chief executive for Asia,…
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11 January
Very Group sales spike 22% over festive period
The Very Group has welcomed a period of “strong” trading in the run-up to Christmas, with sales increasing 21.9% in…
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11 January
Shoe Zone returns to profitability in FY21
Shoe Zone has returned to profitability during the 52-week period ended 2 October 2021, as the retailer saw pre-tax profits…
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7 January
Sosandar reports record Q3 revenues
Sosandar has hailed a “record” Q3 with revenues up 22% year-on-year, its first EBITDA positive quarter and trading in line…
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6 January
Next Christmas sales beat outlook by £70m
Next has revealed that during the peak Christmas period to 25 December 2021, the retailer recorded £70m more sales than…
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Dec- 2021 -22 December
Maje welcomes new CEO
SMCP, the parent company of Sandro, Maje, Claudie Pierlot and Fursac, has announced the appointment of Charlotte Tasset Ferrec as…
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