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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Apr- 2025 -3 April
John Smedley appoints new managing director
Fashion brand John Smedley has announced the appointment of Jess Mcguire Dudley as managing director, with immediate effect. Previously deputy managing director and global brand director, Dudley is the company’s first managing director from a creative background. She takes over from Ian Maclean MBE, a member of the Smedley family…
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1 April
M&S to invest £50m in North West stores
M&S has announced a £50m investment in stores across the North West of England for the year ahead, creating 300 jobs and 100,000 total new square footage across its store estate in the area. The investment is another step forward in M&S’s store renewal and rotation programme, focused on having…
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Mar- 2025 -31 March
Boohoo finalises Debenhams rebrand despite Frasers push-back
Boohoo Group has confirmed its rebrand to Debenhams Group at its General Meeting following the initial announcement of the name change earlier this month (11 March), despite strong opposition from Frasers Group. It comes as 62.04% voted in favour of changing the corporate name from Boohoo Group to Debenhams Group,…
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27 March
H&M Q1 profits drop amid ‘external market pressures’
H&M has seen its operating profit drop 42% to SEK 1.2bn (£95m) for the three months ended 28 February 2025, down from SEK 2.1bn (£160m) in the same period last year. The Swedish retailer stated that this drop was due to external pressures, including challenging macroeconomic conditions, which were compounded…
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27 March
Foot Locker appoints new president
Foot Locker has announced that Franklin R. Bracken, currently executive vice president and chief commercial officer, has been appointed to the role of president, effective immediately. Bracken will continue reporting to Mary Dillon, Foot Locker chief executive officer. In his new role, Bracken will work alongside Dillon to accelerate the…
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26 March
Uniqlo’s popularity with Gen-Z boosts FY profits by 57% to €221.7m
Uniqlo’s European operations has seen its profits jump by 57.5% to €221.7m (£185.4m) in the year to 31 August 2024, thanks to the retailer’s popularity with Gen-Z shoppers. Turnover at the Japanese clothing retailer has continued to increase year-on-year by 30%, meaning that its gross profit margin has been maintained…
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26 March
Frasers expands Sports Direct in Southeast Asia and India
Frasers Group has announced the expansion of its existing partnership with MAP Active to launch Sports Direct in five new markets across Southeast Asia and India. The retailer will utilise MAP Active’s infrastructure, local expertise and distributed brands to position Sports Direct as the premier sports retailer in the region. …
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24 March
In The Style owed more than £20m before rescue deal
In The Style had over £20m in debt when it was rescued following its collapse into administration, according to a new document filed at Companies House. The Manchester-based fashion brand was recently rescued by Alps Sourcing Limited, saving 87 jobs at the company. The brand was originally founded in 2013…
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21 March
Nike revenues drop 9% to $11.3bn in Q3
Nike has reported a 9% revenues drop to $11.3bn (£9.1bn) during the third quarter ended 28 February. Brand revenues were $10.9bn (£8.4bn), down 9% on a reported basis and down 6% on a currency-neutral basis, driven by declines across all geographies. Meanwhile, direct revenues dropped 12% to $4.7bn (£3.8bn) on…
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21 March
In The Style rescued from administration with Alps Sourcing deal
Online fashion retailer In The Style has been sold out of administration to Alps Sourcing Limited, saving 87 jobs in the UK. The pre-pack sale of the company was negotiated by Marco Piacquadio and Alan Coleman from FTS Recovery Limited, who were appointed as joint administrators on Monday 10 March. …
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