Clarks
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Feb- 2021 -23 FebruaryClothing & Shoes
Clarks CEO steps down amid C-suite shake-up
Giorgio Presca has reportedly stepped down from his role as CEO of Clarks, according to Drapers. Presca, along with the…
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Dec- 2020 -24 DecemberClothing & Shoes
Clarks shareholders approve £100m LionRock Capital rescue deal
Clarks has announced that its shareholders have approved a financial rescue deal from a Hong Kong-based private equity company. LionRock…
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Nov- 2020 -9 NovemberNews
Landlords hit back at Clarks CVA terms
Landlords are reportedly accusing Clarks of abusing its insolvency processes, as the retailer pushes forward with a CVA that includes…
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5 NovemberClothing & Shoes
Clarks agrees £100m rescue deal with LionRock Capital
Clarks has been rescued in a £100m deal with LionRock Capital – the Hong-Kong-based private equity firm. Announcing its new…
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Oct- 2020 -27 OctoberClothing & Shoes
Clarks begins landlord talks over restructuring deal
Clarks has reportedly “kicked off” restructuring talks with landlords regarding store closures and rent cuts, according to Sky News. The…
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7 OctoberClothing & Shoes
Clarks may turn to CVA to secure LionRock rescue deal
Embattled shoe retailer Clarks may reportedly resort to launching a CVA that could lead to some store closure in order…
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2 OctoberClothing & Shoes
Clarks pension trustees call in advisers
Pension trustees at shoe retailer Clarks have reportedly drafted in advisors as they seek to secure additional finance for the…
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Sep- 2020 -25 SeptemberClothing & Shoes
Hong Kong’s Lion Rock joins race for Clarks
A Hong Kong-based private equity firm, which backs a number of companies such as Taxi hailing app Hailo and Serie…
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May- 2020 -22 MayClothing & Shoes
Clarks to cut 900 jobs as part of new ‘made to last’ strategy
Clarks has announced the launch of its long-term ‘made to last’ strategy that is designed to ensure that Clarks has…
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Apr- 2020 -7 AprilClothing & Shoes
Clarks confirms ‘small number’ of permanent closures
Footwear retailer Clarks has confirmed it is to close a “small number of stores’ following a review of its store…
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