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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Jan- 2025 -8 January
Carhartt WIP, Ronning and Blackhorse Lane Ateliers open shops in Soho
Lifestyle apparel brand Carhartt WIP, fashion retailer Ronning and craft jean maker Blackhorse Lane Ateliers have all opened new stores in Soho, London. Carhartt WIP has launched its new 4,000 sq ft flagship, relocating from 72-74 Brewer Street into a larger unit in the same street at 33-35. The store…
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8 January
MPs ‘horrified’ as questions left unanswered at Shein trade committee
MPs on the Business and Trade Committee were left “horrified” after a representative for Shein could not answer questions over where the business sources its cotton from. Shein’s general counsel for Europe Middle East Africa (EMEA) Yinan Zhu was asked several times whether the company uses cotton supplied from China…
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7 January
Next raises profit guidance as festive sales beat expectations
Next has revealed that it has raised its full-year pre-tax profit guidance by £5m up to £1.01bn after a better than expected quarter. In this quarter, full price sales rose 6% in the nine weeks to 28 December, beating the previous guidance for the fourth quarter of 3.5%. It stated…
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7 January
Quiz lender hires advisors ahead of delisting vote
Quiz’s principal lender has reportedly drafted in advisors to help the company explore restructuring options amid a “growing crisis” at the retailer.According to Sky News, HSBC hired restructuring experts from Interpath Advisory ahead of a vote on delisting from the London stock market. Quiz reportedly plans to hold a shareholder…
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6 January
New Look to speed up planned closures ahead of tax changes
New Look is reportedly set to permanently shutter roughly a quarter of its 364 stores when leases expire, putting some of its 8,000 staff at risk, according to The Times. While the retailer has restructured its store portfolio twice in the past six years and downsized from 600 UK stores…
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3 January
Zara opens upsized store at Liverpool One
Inditex-owned fashion brand Zara has opened its significantly upsized flagship at Liverpool One on upper and lower South John Street. The new 42,000 sq ft store is the latest example of brand investment in the destination, following a landmark year of signings that will make 2025 Liverpool One’s biggest year…
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3 January
Hugo Boss appoints new senior vice president global marketing
Hugo Boss has announced the appointment of James Foster as senior vice president global marketing. He has officially joined the company as of January 2025, and takes over from Nadia Kokni. Kokni, who joined Hugo Boss in January 2023, left the company in December to pursue new business opportunities. Foster…
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3 January
End. swings to pre tax loss of £43.2m
High-end fashion and streetwear label End. has reported a pre-tax loss of £43.2m, down from a profit of £8.8m for the year ended 31 March 2024. The group’s revenues also plummeted 3.8% from £221m to £212.7m. It stated that the retail landscape remained challenging as macroeconomic pressures persisted both in…
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3 January
Laura Ashley acquired by Marquee Brands
Marquee Brands, a global brand accelerator that owns 17 brands, has acquired Laura Ashley from Gordon Brothers for an undisclosed price.The addition of the brand will increase the retail value of Marquee Brands’ global portfolio, which includes Ben Sherman, to over $4bn (£3.2bn). Following the acquisition, Laura Ashley’s UK-based team…
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2 January
Barbour profits surge 12.3% to £39.6m
British outerwear brand Barbour’s operating profits surged 12.3% to £39.6m for the year to 30 April 2024 despite a 6.2% drop in turnover to £321.8m. According to Barbour, its profits were driven by a focus on cost reductions and foreign exchange gains. However, its turnover was affected by a challenging…
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