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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Apr- 2021 -21 April
Mulberry launches sustainability manifesto
Luxury fashion house Mulberry has launched a new sustainability manifesto, which outlines the company’s “ambitious commitments” to transform the business to a “regenerative and circular model”, encompassing the entire supply chain by 2030. The launch of the “Mulberry Made to Last” manifesto marks the group’s 50 anniversary year as a…
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20 April
Zara to open new flagship store in Cardiff shopping centre
Zara has announced that it will open a new flagship store at St David’s shopping centre in Cardiff this summer. The new 36,500 sq ft store will be located on Upper Grand Arcade, opposite new entrant Morphe Cosmetics (opening this summer), and near BoConcept’s UK debut store concept (opening this…
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20 April
Primark to repay furlough relief despite seeing HY profits halve
The owner of Primark, Associated British Foods (ABF), has revealed that it intends to repay £121m in relief repayment, despite profits falling 50% to £319m for the 24 weeks ended 27 February 2021. The government support schemes enabled the company to preserve its entire 65,000 workforce for Primark. While overall…
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19 April
Nike warns retail partners to cut down on reselling
Sportswear giant Nike has reportedly warned its retail partners it will cut off the supply of limited edition trainers to their stores if they don’t crack down on staff enabling resellers. According to the Sunday Times, Nike has told its retail partners they face “supply curtailment” if they don’t stop…
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19 April
Hugo Boss appoints new director of Global Marketing
Hugo Boss has announced the appointment of Miah Sullivan as its new director of Global Marketing and Brand Communications. Sullivan, who held a number of management positions at both Luxottica and Furla, will start her new role with the company from 1 May 2021. Recently, Sullivan has served as the…
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15 April
Hobbs sees FY20 turnover fall to £133m
Hobbs, the women’s clothing, footwear, and accessories retailer, saw its turnover for the year ended 28 March 2020 fall 1.8% to £133m. The group’s adjusted EBITDA for the period also declined, falling £1.7m from £21.9m in FY 2019 to £20.2m in FY 2020. Operating profit and profit after tax at…
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13 April
Boohoo acquires new office in Soho for £72m
Boohoo has announced that it has acquired a new office in Soho for the group’s London-based brands for £72m. The new office is intended to become home for all London-based product, marketing, technology and central support teams, offering flexible working for approximately 600 employees. The news follows the retailer’s recent…
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13 April
Quiz revenues plummet 66% amid store closures
Quiz has revealed that total revenues plummeted 66% to £39.7m in its FY21 trading update, as the fashion group was impacted by prolonged periods of store and concession closures. The group also cited the pandemic’s “detrimental” impact on demand for its trademark occasionwear, as social events and activities came to…
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13 April
New Look appoints new chief technology officer
New Look has announced the appointment of Ed Alford to the newly created role of chief technology officer (CTO) with immediate effect. Alford brings over 20 years of international business experience in technology and joins the retailers executive team alongside Nigel Oddy (CEO), Richard Collyer (CFO), Clare Dobbie (chief customer…
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12 April
Homebase announces Next partnership
Homebase has announced a new partnership with Next in which its gardening products will be brought to selection of the retailers stores. The partnership will see six Homebase garden centres open in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield Next stores. Homebase is also set to open more of its…
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