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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Sep- 2022 -22 September
JD remains ‘cautious’ on trading as H1 profits slip
JD Sports has reported its pre-tax profits and exceptional items dropped 12% year-on-year in the 26 weeks ended 30 July…
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21 September
JD Sports chair agrees £5.5m exit deal
JD Sports has reached an agreement with former chairman Peter Cowgill, which will see him receive £5.5m in an exit…
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20 September
Unbound Group reports ‘encouraging’ H1 despite £0.3m lose
Hotter Shoes owner, Unbound Group, has reported an EBIT loss of £0.3m for the first half of 2022 after taking…
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16 September
MySale rejects Frasers Group takeover bid
MySale’s directors have rejected a takeover bid from Frasers Group, whose offer to acquire the remaining shares of the Australian…
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16 September
H&M sales lower than expected in Q3
Swedish fashion chain, H&M, has revealed that net sales were lower than expected in its third quarter, rising only by…
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15 September
Patagonia owner gives away company to fight climate crisis
The owner and founder of Patagonia, Yvon Chouinard, has announced that he is giving away the company to an environmental…
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14 September
Zara owner Inditex’s H1 sales hit ‘historic highs’
Zara’s owner, Inditex, has announced its sales, income and EBITDA has reached “historic highs” in the first half of 2022…
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14 September
Next pulls out of Joules takeover deal
Fashion retailer Next has reportedly pulled out of its takeover deal with Joules after talks between the two ended, according…
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9 September
Asos hit by weak August sales as inflation weighs on shoppers
Asos has cautioned over profits after sales fell below expectations in August as it warned consumers may be reducing their…
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8 September
Primark owner warns on lower profits
Primark’s owner, Associated British Foods (ABF), has warned of lower profits for the next fiscal year due to cost inflation,…
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