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- 2023 -1 March
Frasers seeks discounts from suppliers amid JD acquisitions
Frasers Group is reportedly seeking discounts on outstanding payments and spring/summer orders from its suppliers, Drapers has reported. According to…
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Feb- 2023 -27 February
Primark owner raises guidance after better than expected trading
Primark owner Associated British Foods (ABF) has announced that it is raising its full-year guidance after Primark traded unexpectedly well.…
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27 February
Adidas and West to sell leftover Yeezy stock in new agreement
Adidas has reached a new agreement with Kanye West that will ensure that the footwear brand sells the remaining $500m…
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24 February
Monsoon bolsters childrenswear offering with dedicated boutique
Fashion retailer Monsoon is set to open its inaugural childrenswear boutique, in Westfield, Stratford City. Opening on 1 March, the…
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23 February
Former Co-op chief emerges as frontrunner to become Matalan CEO
Jo Whitfield, the former Co-op supermarkets chief, has reportedly emerged as a frontrunner to run Liverpool-based fashion retailer brand Matalan,…
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23 February
TK Maxx owner sees Q4 net sales hit $14.5bn
TJX Companies, parent company of discount clothes retailer TK Maxx, has announced a 5% increase in net sales to $14.5bn…
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22 February
Zalando to cut hundreds of jobs amid challenging environment
European online fashion retailer Zalando has revealed it is set to cut hundreds of jobs as part of cost-saving measures…
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21 February
Shein targets huge revenue growth ahead of IPO
Shein has reportedly set plans to nearly double its revenue to almost $60bn ($50bn) by 2025, whilst telling investors it…
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17 February
Cath Kidston owner explores sale of business
The owner of the Cath Kidston is reportedly exploring a sale of the business only eight months after buying it.…
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13 February
Mulberry shutters Bond Street store amid end of VAT-free shopping
Luxury fashion retailer Mulberry has shuttered its Bond Street store after it claimed that the end of VAT-free shopping for…
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