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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Mar- 2019 -15 March
Inditex to merge Zara with Zara Home
Inditex is to merge Zara and Zara Home, despite growing the Zara Home brand since 2003. Integration plans have already been implemented in some locations, including St Petersburg, London and Madrid while the brands’ websites will continue to trade separately. For the meantime Zara Home will continue to trade as…
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13 March
Sergio Rossi opens flagship in London
Shoe and handbag brand, Sergio Rossi, will be opening its newest store on London’s Mount Street, Mayfair. The 100 sqm retail space will be its flagship with an aim to “perfectly summarise” the identity of the brand. The store concept has been created by architect Marco Costanzi and a collection…
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12 March
French Connection returns to profit despite sales drop
Embattled retailer French Connection has announced a return to profit for the first time in seven years, despite experiencing a sales drop during “difficult trading” conditions. Like-for-like sales during the 12 month period to 31 January fell by 6.8% due to decline in both in-store and online. However the company…
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12 March
Laybuy launches in the UK with Footasylum partnership
Laybuy, New Zealand’s largest buy now, pay later service, has officially launched in the UK with footwear retailer Footasylum confirmed as its first major retail partner. Laybuy allows consumers to spread the cost of purchases over six interest-free payments, with the first being made at the point of sale. The…
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12 March
Early Learning Centre sold to The Entertainer for £13.5m
Mothercare has sold its Early Learning Centre (ELC) brand to toy retailer The Entertainer for £13.5m. The deal comes as part of restructuring and refinancing at Mothercare, with the retailer saying it means ambitions to be debt free by the end of the year had been bolstered. Mothercare said the…
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11 March
Liam Gallagher’s Pretty Green calls in advisors
Liam Gallagher’s Pretty Green fashion brand has called in advisors Moorfields Advisory to oversee a strategic review of the company’s business. According to reports by Drapers options under consideration include a possible sale, with a source telling the website Pretty Green was hit “really badly” when House of Fraser’s website…
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8 March
Primark to move 220 roles to Dublin
Primark has announced it will be moving its product operations from Reading to Dublin with 220 staff being told they can either agree to relocate or risk redundancy. The buying, sourcing, quality control, design and merchandising operations departments are currently split between the two cities but the retailer wants to…
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7 March
LK Bennett enters administration
High-end fashion retailer, LK Bennett has announced it has entered administration. The retailer had lined up administrators EY to undertake the process earlier this week, and earlier today (7 March) LK Bennett’s website announced it was no longer accepting customer orders. The company, founded by Linda Bennett, in 1990, has…
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7 March
Quiz shares plunge following sales ‘shortfall’
Quiz, the omni‐channel fashion brand, has seen its shares plummet after it announced it will launch a “thorough review” of its business following a “significant shortfall” in sales. At the time of writing shares, in Quiz have fallen by 50% after it revealed in a trading update covering the 1…
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6 March
Ann Summers seduces former HoF and Game directors
Ann Summers has appointed Game’s chief marketing officer Natalie Amosu and House of Fraser’s former product and trading director Marian Collins, to newly created roles. Collins is expected to work with current managing director Vanessa Gold and chief executive Jacqueline Gold, while it is uncertain which department Amosu will work…
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