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 -8 September
John Lewis expands Anyday range to include fashion
John Lewis has announced that from 13 September it is extending its Anyday own brand range to include menswear, womenswear and childrenswear, following the brand’s successful launch in home, technology and nursery in April this year. From this Autumn/Winter, with the introduction of fashion and newness in home, the brand…
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8 September
VF Corporation’s Veronica Wu departs board role
The VF Corporation has announced that Veronica Wu has decided to step down from her role on the company’s board of directors, effective immediately. The company stated that “Ms. Wu’s decision to step down from the board was not the result of any disagreement with VF on any matter relating…
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7 September
Ralph Lauren enters digital fashion with Zepeto partnership
Ralph Lauren has announced its collaboration with Zepeto, the global social networking and avatar simulation app, allowing users to wardrobe their 3D avatars with exclusive products. In the partnership, Ralph Lauren apparel is reimagined for the digital world of Zepeto, where users can immerse themselves in a virtual world with…
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7 September
Ted Baker Q2 revenues rise 50%
Ted Baker has reported that a 50% YOY increase in group revenues for the 16-week period from 25 April 2021 to 14 August 2021, as the company snapped back from the material negative impact of Covid-19. Trading momentum continued to build through the period, with the last four-week exit rate…
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3 September
Tapestry adds Unilever president to board of directors
Tapestry, a global house of brands which includes Coach, Kate Spade New York and Stuart Weitzman, has announced that Hanneke Faber has been appointed to its board of directors. The appointment of Faber to the board brings the membership to eleven, including ten independent directors. Faber currently serves as president,…
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2 September
CMA blocks JD Sports’ Footasylum merger deal
JD Sports could be required to sell Footasylum after its merger was recently blocked by the Competition and Markets Authority (CMA) on the grounds that it could lead to a “worse deal” for shoppers. The CMA’s latest decision to block the merger, comes after its first attempt in May 2020,…
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Aug- 2021 -26 August
Frasers to open new Flannels store in Livingston
The Frasers Group will open a new Flannels store at the Centre shopping centre in Livingston, after committing to take 17,500 sq ft of space with a trading space of 11,000 sq ft across two floors. The Centre, is a c.856,000 sq ft, 160-unit shopping centre in the Scottish town…
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24 August
Hotter Shoes H1 sales climb 25%
Electra Private Equity has revealed that Hotter Shoes’ total sales increased 25% year-on-year in H1 FY22. The footwear retailer also saw UK direct to consumer sales jump 39% year-on-year in the period to July 2021. Hotter’s overall gross margin in the first half of FY22 climbed from 53% in H1…
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23 August
Gerry Weber appoints first female CEO
Gerry Weber has announced that it has appointed its first female CEO Angelika Schindler-Obenhaus to the group. Schindler-Obenhaus succeeds Alexander Gedat who took over the role on an interim basis in February 2020. She has been a member of the managing board since August 2020 and now forms a dual…
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23 August
Asos hunts for fifth warehouse to improve delivery capacity
Asos is reportedly planning to open a fifth warehouse in continental Europe in a bid to improve its home delivery capacity, according to The Telegraph. The online giant is said to have told investors of the plan this month, and is reportedly in the “early planning stages” of setting up…
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