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 -8 March
Uniqlo owner defends decision to keep operating in Russia
The CEO of Fast Retailing, the parent company of fashion brand Uniqlo, has defended the company’s decision to continue operating…
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7 March
Zara owner Inditex to close all 502 stores in Russia
Inditex, the owner of fashion brands Zara, Pull and Bear and Berksha has announced it is to temporarily close all…
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4 March
Authentic Brands completes Reebok acquisition
Authentic Brands Group (ABG) has announced that it has completed the acquisition of Reebok from Adidas in a £1.75bn deal.…
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4 March
Boohoo latest retailer to suspend sales in Russia
Boohoo has announced it is one of several major retailers to suspend all sales in Russia in the wake of…
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4 March
Nike to temporarily shut all stores in Russia
Nike said on Thursday it would be temporarily closing all its stores in Russia, joining a growing group of Western…
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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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