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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Apr- 2022 -6 April
Sosandar set to welcome ‘record’ results in FY22
Sosandar is set to achieve record sales in what it dubbed a “milestone year” for the retailer, as it expects…
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Mar- 2022 -30 March
Lululemon surpasses £6bn in revenues
Athleisure brand Lululemon has reported a “strong” FY21 performance revealing its revenues surpassed $6bn (£4.5bn) for the first time. The…
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28 March
M&S to expand Jaeger store presence with 14 openings
Marks and Spencer (M&S) has announced that 14 Jaeger stores are set to open across the UK and Ireland, following…
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28 March
Ted Baker rejects Sycamore takeover proposals
The board of Ted Baker PLC has confirmed it has rejected two unsolicited non-binding proposals from Sycamore Partners Management L.P.,…
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24 March
Next hit with £85m sales loss amid Ukraine and Russia closures
Next has revealed it has lowered its sales guidance for the financial year 2022/23 to £85m, down 2% following “anticipated…
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23 March
H&M enters the Cambodian market
H&M has marked its entrance into the Cambodian market with the opening of its first store in the country. The…
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23 March
Threads Styling secures $12m to further expand e-commerce offering
Threads Styling, the luxury chat-based shopping platform, has announced it has raised a $12m (£9m) fundraising round led by Highland…
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23 March
Nike Q3 revenues hit $10.9bn as traffic returns
Nike, Inc. has reported its revenues rose 5% year-on-year from $10.35bn (£7.83bn) to $10.9bn (£8.24bn) in the third quarter (Q3)…
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18 March
H&M launches sustainable kidswear collection
H&M has launched its latest kidswear collection using more sustainable print techniques which have lower environmental impact. The collection is…
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18 March
Sycamore Partners eyes Ted Baker takeover bid
American private equity firm Sycamore Partners is reportedly considering a takeover bid for Ted Baker, according to Sky News. The…
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