Clarks

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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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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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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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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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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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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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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Clarks calls in advisors to review business

Shoe retailer Clarks has called in management consulting firm McKinsey & Co to review its business. A spokesperson told Retail…

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Shop Direct appoints ex-Clarks president as new CFO

Shop Direct has appointed former European president of Clarks Shoes, Ben Fletcher, as its new group chief financial officer. He…

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Clarks wins unfair dismissal case against former CEO

Clarks has won its legal battle against its former CEO Mike Shearwood who claimed unfair dismissal, after an employment tribunal…

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