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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Jan- 2021 -29 January
H&M FY profits fall 88%
H&M has revealed the extent of damage coronavirus has had on its business, with profit crashing 88% to SEK 2.05bn…
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29 January
Thomas Pink returns to online market despite LVMH sales float
Thomas Pink has announced it is returning to trade, albeit online, after shutting down its website and social media channels…
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26 January
JD Sports mulls £400m share placing
JD Sports Fashion is reportedly eyeing up an equity sale of around £400m as it “eyes further opportunities” to expand…
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25 January
Boohoo acquires Debenhams intellectual property for £55m
Boohoo has announced it has acquired all of the intellectual property assets of Debenhams in a £55m deal. The online…
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21 January
Primark appoints new corporate affairs director
Primark has announced the appointment of Alice Macandrew to the newly-created position of corporate affairs director with immediate effect. Macandrew…
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21 January
Burberry revenue drops 4% in Q3
Burberry has announced that retail revenue for 13 weeks ended 26 December dropped 4% to £688m from £719m for the…
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21 January
Apricot switches to turnover rent after CVA
Apricot, the women’s fashion retailer, has changed the lease agreements for the majority of its UK portfolio to turnover-based rents,…
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21 January
Pentland Brands appoints positive business director
Pentland Brands, the retail group which owns brands such as Lacoste, Boxfresh and Speedo, has appointed Sara Brennan as its…
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20 January
Frasers Group increases stake in Hugo Boss
Mike Ashley’s Frasers Group has increased its stake into luxury retailer Hugo Boss to around 15%. Frasers revealed it now…
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20 January
Burberry hails strategic progress despite sales decline
Burberry has welcomed a period of “strong” strategic progress in its third quarter, despite sales sliding by 9% in the…
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