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- 2025 -18 February
Regatta Group sales grow by 6% in 2024
Regatta Group, home to some of Britain’s most recognised outdoor brands, has reported a 6% YoY growth in sales in 2024, selling 23 million products across its portfolio. The family-owned collective of leading brands includes high-street outdoor brand Regatta Great Outdoors, mountain and snow brand Dare 2b, sustainable-outdoor adventure brand…
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18 February
Shein chairman says growth ‘remains strong’ despite tariff woes
Shein’s executive chairman, Donald Tang, has reportedly reassured shareholders that the company’s growth “remains strong”, even after the US removed duty-free status for low-value ecommerce packages from China and increased tariffs, according to Reuters. This change has raised concerns about Shein’s business model, with some analysts suggesting that both Shein…
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17 February
Aston Villa Football Club to open new store at Bullring
Aston Villa Football Club has selected Bullring to launch a new store set to open in May 2025. Located on Bullring’s lower level east, the 10,000 sq ft store will be spread across two floors and showcase a mix of Aston Villa and Adidas merchandise. The space will feature Adidas’…
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17 February
Crocs FY revenues jump 3.5% to $4.1bn
Global footwear brand Crocs has reported record revenues of $4.1bn (£3.2bn), an increase of 3.5%, during the year ended 31 December 2024. The performance was aided by a strong fourth quarter which saw consolidated revenues of $990m (£786m), an increase of 3.1%, or 3.8% on a constant currency basis. Direct-to-consumer…
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17 February
West End loses out on £640m in sales due to tourist tax, NWEC says
West End retailers have reportedly lost around £640m in sales last year due to the lack of tax-free shopping for international tourists, according to New West End Company research. The losses rose by 60% last year from £400m in unrealised sales in 2023, and impacted some 600 businesses in the…
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17 February
Superdry extends Australian licensing partnership with Brand Collective
Superdry has announced a 12-year extension of its licensing partnership in Australia with fashion and lifestyle retailer Brand Collective, in a multi-million-dollar deal. According to the partnership, Brand Collective has exclusive rights to the Superdry brand in Australia. The partnership comes at a time when both companies are aiming to…
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14 February
Monsoon opens two boutiques at Gatwick airport
London fashion retailer Monsoon has announced the opening of its first two new travel boutiques in London Gatwick’s North and South Terminals. Adorned with the brand’s signature fabric chandelier centrepieces, the boutiques offer a space in which passengers can shop an extended range of ladies beachwear, including some Gatwick-exclusive lines,…
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14 February
Moncler revenues rise 7% to €3.1bn
The Moncler Group, owner of the Moncler and Stone Island brands, has seen its revenues improve 7% to €3.1bn (£2.58bn) in the year to 31 December 2024, as its CEO said the brand showed “resilience” in a “complex and volatile” market. On a brand basis, Moncler revenues increased 8% to…
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14 February
In The Style owners line up administrators
In The Style is reportedly on the brink of insolvency less than two years after it was sold to Baaj Capital for just over £1m, according to reports from Sky News. According to Sky, FTS Recovery is being lined up to act as administrator to the company, which was founded…
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14 February
Steve Madden acquires Kurt Geiger for £289m
Steve Madden has agreed to acquire UK-based Kurt Geiger from a group led by international private equity firm Cinven for an enterprise value of approximately £289m in cash. In addition to Kurt Geiger London, the brand’s portfolio includes KG Kurt Geiger and Carvela. Kurt Geiger also operates footwear concessions within…
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