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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Feb- 2022 -17 February
Hotter FY22 revenues rise to £51.9m
The Unbound Group has reported a 16% increase in revenues for its subsidiary, Hotter Shoes (Hotter), in the financial year ending 30 January 2022 (FY22), up from £44.5m in FY21 to £51.9m. Hotter has also announced a partnership with M&S to sell Hotter products on the ‘Brands at M&S’ platform,…
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16 February
ASA bans ‘sexualised’ Boohoo ad
The Advertising Standards Watchdog (ASA) has banned an advert from fashion retailer Boohoo after deeming the ad “objectified and sexualised women” and was therefore “irresponsible and likely to cause serious offence”. The ASA said the ad in question was seen on 26 November 2021, and featured a product listing for…
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16 February
Shaftesbury announces partnership for London Fashion Week
Shaftesbury has announced it has partnered with the British Fashion Council for London Fashion Week in a bid to boost its retail tenants. As part of the partnership, a host of Carnaby and Soho retailers and restaurants will be offering “exclusive” perks, in-store events, activations, and specially designed cocktails and…
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16 February
Reiss to widen online offering through Next Total Platform
Reiss is set to launch a new, revamped website through Next Total Platform, which will enable a host of service upgrades for its online customers. The site is set to launch tomorrow (17 February) and the brand said the site’s look and feel will “remain true to Reiss’ distinctive aesthetic”. …
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15 February
Universal Works debuts London showroom
Universal Works, the Nottingham-based fashion brand, has announced it has launched its first dedicated showroom in the heart of London’s Camden Town, in a commercial property deal advised on by local law firm Nelsons. Along with three standalone stores, the team has now taken on a space at Holborn’s Emerald…
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14 February
CMA fines JD Sports £4.3m for breaching rules
The Competition and Markets Authority (CMA) has issued JD Sports a penalty of £4.3m for failure to comply in certain respects with an Interim Order issued by the CMA on 19 May 2021 as part of the CMA’s review of the Footasylum acquisition. The CMA reported reason to suspect a…
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11 February
Urban Outfitters Q4 sales rise 13.9%
The Urban Outfitters Group, which operates brands such as Anthropologie, BHLDN, Free People, FP Movement and Urban Outfitters, has reported its Q4 net sales increased 13.9% compared to pre-pandemic levels. For the three months ended 31 January, 2022, its net sales reached $1.33bn (£981.2m). Comparable Retail segment net sales increased…
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11 February
Adidas extends board appointments amid growth strategy
Adidas has announced its supervisory board has extended the appointments of executive board members Roland Auschel and Brian Grevy. Auschel is responsible for global sales and his role has been extended by two years beyond 2022 until the end of 2024. He has been a member of the executive board…
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9 February
Joules to increase prices amid rising costs and supply issues
Country lifestyle retailer Joules has announced it is to increase the prices of some of its items in a bid to improve its profitability in the face of rising costs and supply chain issues. In its interim results for the 26 weeks ended 28 November 2021, Joules said that after…
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8 February
NICCE to open first physical store in spring
Nicce has announced the opening of its flagship store on Carnaby Street in spring 2022, marking the first physical flagship store for the brand. The London store comprises 1,400 square feet of space spanning across two floors, and the space will reportedly host a variety of events and customer activations,…
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