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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Jul- 2022 -11 July
Levi Strauss & CO revenues jump 15% to £1.25bn
Levi Strauss and Co has revealed its net revenues climbed 15% to $1.5bn (£1.25bn) in its second quarter after global direct-to-consumer sales rose by 16%. In the three month period ended 26 May, the group also reported strong growth in its company-operated store sales which increased by 23%. The second…
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7 July
Gap to launch in India amid Reliance Retail franchise deal
Gap Inc. has entered into a long-term franchise agreement with Reliance Retail Limited, India’s largest retailer, to bring Gap to India for the first time. Through the partnership, Reliance Retail has become the official retailer for Gap across all channels in India. Reliance Retail will introduce Gap’s latest fashion offerings…
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7 July
Ankorstore partners with Mary Portas
European curated marketplace, Ankorstore, has announced its brand partnership with retail expert and broadcaster, Mary Portas, in an effort to “advocate” for independent retailers and brands across Britain. This partnership is said to arm businesses with the tools and technology needed to thrive, while the brand’s platform has reportedly evolved…
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7 July
US Hedge fund giant builds 5% stake in Boohoo
Online fashion retailer Boohoo has seen its share price rise 3.7% as it disclosed that Citadel, one of the world’s largest hedge funds, has built up a 5% stake in the company. Its shares rose by 2p to 57p after US-based Citadel became its fifth-biggest backer in the company. According…
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5 July
Quiz returns to profit as revenues soar 97%
Quiz has welcomed a return to profitability in its full-year results as group revenue soared 97% year-on-year, with trade largely boosted by the end of social restrictions. Profit before tax hit £0.8m in the year ending 31 March 2022, up from an underlying loss of £9.6m in 2021, while EBITDA…
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4 July
Diet Coke appoints Kate Moss as creative director
Diet Coke has announced that Kate Moss has been appointed creative director of the brand, as it celebrates its 40th anniversary this year. Moss will work on its new campaign ‘Love What You Love’, which aims to spotlight “individuals who embrace a positive attitude to life, by knowing who they…
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1 July
New JD store in Aberdeen to create over 30 jobs
JD Sports is set to open a new store in Aberdeen on Saturday and has created over 30 local jobs. Store positions have been filled for store assistants and managerial positions for the new location at Kittybrewster retail park. The store is JD Sports’ third location in Aberdeen, in addition…
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1 July
AYBL launches new activewear collection
Women’s activewear brand AYBL has unveiled its new activewear collection, Velocity, which is designed to “elevate” high intensity workouts. The Velocity collection reportedly includes pieces made with durable, stretchy material that “ensures ease of movement”. Jacquard and body-contouring details are also included as part of the product’s design and function…
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Jun- 2022 -30 June
Laura Ashley unveils with Mamas & Papas
Laura Ashley has announced its collaboration with Mamas and Papas, the UK based nursery retailer. The collaboration collection is set to mark 70 years since Laura Ashley was launched by fashion designer Laura Ashley and Bernard Ashley. The anniversary collection is expected to include baby clothing, nursery bedding and toys,…
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30 June
Unbound unveils 14 partner brands for platform launch
The Unbound Group has announced the launch of its multi-brand platform to offer a “broader” range of new partner brands and complementary own-brand products, starting from 28 July 2022 through to October 2022. The group is initially launching its partner brand offering within apparel and specialist footwear categories. Unbound will…
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