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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Sep- 2021 -24 September
Nike Q1 revenues climb 16% to £8.9bn
Nike has announced that group revenues increased 16% year-on-year to $12.2bn (£8.9bn) in Q1 FY22. The global retailer also revealed…
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24 September
In the Style warns of profit hit despite trading boost
In the Style has warned that ongoing supply chain issues could impact its profitability in the near-to-medium-term thanks to ongoing…
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23 September
French Connection receives takeover offer of £29m
French Connection has announced that it has received a buy-out offer of £29m by its second largest shareholders Apinder Singh…
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22 September
Superdry partners with Oxfam on sustainability drive
Superdry has announced that it will be partnering with Oxfam to offer ‘Give Back’ boxes in stores to donate pre-loved…
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22 September
Vestiaire Collective completes £154m funding round
Vestiaire Collective, the global pre-owned fashion platform, has announced the completion of a $210m (£154m) funding round. Led by Softbank…
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20 September
Gap to return to the UK with new Next partnership
Next has announced that it has finalised an agreement with Gap to manage the business in the UK and Ireland…
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17 September
Reiss swings to £13.6m FY21 loss
British fashion brand Reiss has announced that it swung to a loss before tax after exceptional items of £13.6m in…
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16 September
Superdry sees its losses narrow to £36m
Superdry CEO Julian Dunkerton has hailed that the company is “turning the corner” after it revealed statutory losses before tax…
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15 September
Zara owner sees H1 net profits reach £1.08bn
Inditex, the owners of fashion chain Zara, has revealed it has returned to profit following the negative impact of the…
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14 September
JD Sports H1 profits soar to £440m
JD Sports has seen its profits before tax and exceptional items soar to £439.5m in H1 FY21, up from £61.9m…
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