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- 2024 -24 June
John Lewis unveils new circular design collection
John Lewis has today (24 June) launched a new eco-friendly circular collection across its Home and Fashion range. The 20-piece collection, which includes nightwear and filled bedding, has been developed with “circularity at the forefront”, offering products which are longer lasting and more sustainable. Products in the range have an…
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24 June
Shein’s £50bn London float in danger
Shein could reportedly ditch plans for its £50bn float in London amid growing concerns in China over how the retailer is portrayed in the UK, The Mail on Sunday has reported.It comes as criticisms of Shein have unsettled high-ranking officials in the Chinese government, sources told The Mail. The criticisms…
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21 June
Peak Performance to open first UK store in Covent Garden
Scandinavian outdoor brand Peak Performance has selected Covent Garden to be the home of its first-ever UK store. Known for its “bold and progressive” design, Peak Performance Covent Garden will offer a selection of collections at its new 1,700 sq ft home at 49 Long Acre, from the lightweight Helium…
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20 June
Footasylum to open first Aberdeen store
Footasylum has announced that it will be opening a new store in Aberdeen’s Union Square shopping centre. The new 7,000 sq ft store will open to the public in early September, with an exact date to be confirmed in due course. It will be located on the ground floor of…
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19 June
Mango to open new site in Metrocentre
International fashion retailer Mango is set to open a new destination at regional mall Metrocentre. The brand will join the centre’s lower Red Mall later this year, opening its largest store in the region to date. Mango will bring a Mediterranean-inspired and versatile assortment of womenswear and menswear to Metrocentre…
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18 June
Russell and Bromley appoints first creative director
Russell and Bromley has announced the appointment of Daniel Beardsworth-Shaw as its first creative director, as the footwear and accessories brand moves design in-house for the first time in its 140-year history. In his new appointment, Beardsworth-Shaw will join the executive leadership team leading brand and product direction reporting to…
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18 June
Frasers launches £80m share buyback scheme
Frasers Group has announced the launch of a new share buyback programme of up to £80m to reduce the share capital of the company. The group has entered into a non-discretionary arrangement with Barclays Bank PLC, acting through its investment bank, for a new share buyback programme. The programme will…
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17 June
YNAP closes China operations
Yoox-Net-A-Porter has shut down its operations in China as it looks to focus on more profitable markets according to reports from The Financial Times. The company’s ecommerce platforms, which are run as a joint venture with Alibaba, will be liquidated. Owner Richemont stated that the decision was made as a…
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17 June
Superdry shareholders vote in favour of restructuring plan
Superdry has announced that its shareholders have voted in favour of its restructuring plan. The news comes after the group’s creditors also approved its proposed equity raise of £10m and delisting last week. The plan will involve rent reductions at 39 stores, delisting from the stock market and an equity…
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14 June
Wolford appoints new chief executive
Wolford has announced that Regis Rimbert has been appointed as the group’s new chief executive, succeeding Silvia Azzali. Rimbert has more than 20 years of leadership experience across the fashion and luxury sectors, spearheading transformative initiatives in retail, online, and international operations. Wolford said that with “pivotal roles at renowned…
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