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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Oct- 2019 -30 October
Sports Direct: CMA published ‘inaccurate’ market data in Footasylum probe
Sports Direct has claimed the Competition and Markets Authority (CMA) has published “inaccurate estimates” of its market share data during its investigation into of competitors JD Sports’ £90m takeover of Footasylum. In a statement published on the London Stock Exchange, Sports Direct said it had noted that during the CMA’s…
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24 October
Shoe Zone revenues up in FY results despite ‘challenging’ second half
Footwear retailer Shoe Zone has reported revenues of £161.9m for the year to 5 October 2019, up from £160.6m in 2018, in its preliminary reports for the trading period. The retailer said trading conditions in the second half of the financial year were “challenging”, but its new ‘Big Box’ store…
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18 October
M&S to open 60,000 sq ft store in Nottingham near year
Marks and Spencer will open a new 60,000 sq ft store at British Land’s Giltbrook Retail Park, Nottingham, in the summer of 2020. The announcement comes less than two weeks before M&S opens a major new store in Cornwall – it’s first clothing store opening in the South West for…
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18 October
Throwaway Halloween costumes to produce 2,000 tonnes of plastic waste
An estimated 2,000 tonnes of plastic waste will be generated from throwaway Halloween clothing and accessories, sold by leading retailers in the UK, research suggests. The study estimates that this is equivalent by weight of waste plastic to 83 million bottles. An investigation by Hubbard, an environmental charity, estimated that…
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15 October
Matalan revenue growth dented by ‘awful’ weather and political uncertainty
Fashion retailer Matalan saw its total revenue increase to £292m in the Q2 2019, despite the weather and political and economic uncertainty “eroding the full price sales potential of the season”. It said that during the 14 weeks ended 31 August 2019, ongoing uncertainty “weighed heavily” on consumer confidence and…
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15 October
Sports Direct demands Adidas and Nike dominance probe
Sports Direct has called for an investigation into the sportswear industry, over concerns of the dominance of Adidas and Nike. The sportswear brand owned by Mike Ashley said the “must have” brands hold a bargaining position which allows them to “control the price of their products and the price of…
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14 October
Superdry names founder Julian Dunkerton as permanent CEO until 2021
Clothing retailer Superdry has announced that its founder Julian Dunkerton has been appointed to the role of CEO on a permanent basis until April 2021. The news comes after Dunkerton returned as interim CEO on the 2 April 2019, after he won the support of 51.15% of its shareholders to…
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14 October
Khaadi Fashion rescued after pre-pack administration
Asian clothing retailer Khaadi Fashion has been rescued after a pre-pack administration, saving the majority of its staff’s jobs. The Pakistani fashion and lifestyle brand was founded in 2013 and had operated from 10 stores nationwide in shopping centres such as Westfield London, Westfield Stratford, Bullring Birmingham and Trafford Centre…
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11 October
Quiz revenues dip 5% amid ‘challenging’ UK retail environment
Fashion retailer Quiz has reported a 5% drop in group revenue to £63.3m for the first half of 2019, against the backdrop of a “difficult UK retail environment”. For the six months to 30 September 2019, online revenues grew by 7% to £20m, compared with £18.7m last year, and sales…
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8 October
M&S relaunches its Per Una brand
Marks and Spencer has launched its first major campaign in over five years for its most recognised sub-brand – Per Una. Marks and Spencer said the campaign is designed to introduce its customers to the “all new per una” following the brand’s “significant refresh”. The retailer added that the move…
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