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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Jun- 2018 -19 June
ASOS to stop selling silk and cashmere in animal welfare policy update
Online retailer ASOS has announced that it will stop the sale of products made with silk, cashmere, angora, feather/down, bone, horn and shell as part of its updated animal welfare policy. It has also pledged to only sell leather, wool and animal hair which is a by-product of the meat…
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18 June
Calvetron Brands to shut 102 Jacques Vert and Precis concessions
Benjamin Wiles, Trevor Birch and Philip Duffy of Duff & Phelps, joint administrators to Calvetron Brands, have announced they are serving notice on 102 Jacques Vert and Precis concessions in the UK and Republic of Ireland. These closures and those announced previously, including Dash and Eastex closures made on 4…
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15 June
H&M sales fail to hit expectations
The Swedish fashion brand H&M has revealed that it missed its sales expectations for the second quarter sales growth in its latest financial report. The retailer reported a shares decrease of 3.6% in early trading as well as unchanged sales in local currencies from March to May including VAT, meaning…
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12 June
Henri Lloyd to slash 128 jobs despite coming out of administration
Henri Lloyd is to be brought out of administration by a company called Aligro UK Limited, and it will continue to trade from stores in Salcombe, Dartmouth, Cowes, Cheshire Oaks and Lymington. The stores kept open will save 38 jobs, however 128 jobs in total will be axed as stores…
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12 June
New Look reports operating loss of £74.3m
New Look has reported an underlying operating loss of £74.3m in its latest financial results for the year to 24 March 2018. The embattled retailer had previously reported a 7.3% drop in revenue to £1.35bn for the year to 24 March 2018. In addition, the retailer decreased its UK like-for-like…
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11 June
Rihanna to bring Savage x Fenty pop up to London
International popstar Rihanna will be bringing her new lingerie line Savage x Fenty to the capital with a temporary pop up shop in London’s Shoreditch. The range which launched in May of this year will have a storefront at Shoreditch Studios from 13 to 17 June. It is the second pop…
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11 June
Nulty completes Azzedine Alaïa London flagship store
The lighting design consultancy Nulty has completed its renovation for the late fashion designer Azzedine Alaïa on its London flagship store, Alaïa. The redesigned Bond Street-based store, which has three floors and 6,000 sq ft, features the work of architect Aukett Swanke and designer Marc Newson with large pelota ring-like luminaire…
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11 June
Henri Lloyd enters administration with 31 stores set to close
Henri Lloyd has announced it has entered administration which will see 31 stores close and a large amount of jobs at risk. RSM, Henri Lloyd’s administrators blamed “challenging trading conditions on the High Street” for the waterproof clothing company’s demise. House of Fraser, who have suffered retail struggles of their…
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8 June
Poundland to make history with fastest roll out in retail
Poundland’s fashion brand, PEP&CO, will trade across the UK and Republic of Ireland from more than 300 locations by the end of June, a year since it first started its ‘shop-in-shop’ roll out. Poundland’s upcoming openings in Milford Haven, Edgware, Wallsend and Naas in the Republic of Ireland expect to…
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7 June
Beano Studios and Ted Baker partner for 2018 kidswear collection
British luxury retailer Ted Baker and Beano Studios have announced plans to collaborate on a 2018 ‘Beano Baker’ kidswear collection. Inspired by Beano’s original Fan Club colours and style guides, the fashion collection will launch in July 2018 consisting of loungewear, shirts, hoodies and t-shirts featuring iconic Beano artwork and…
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