Clarks
This coverage examines Clarks’ strategy and performance within the UK retail market. Reporting includes store openings and closures, product launches, marketing campaigns, sustainability efforts, and leadership changes — all analysed for their implications on sales, brand positioning, and footwear retail operations. The content is tailored for retail managers, product directors, and professionals in footwear and value-driven fashion retail.
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May- 2021 -21 MayCoronavirus
Ikea and Primark most searched for brands since reopening, study finds
Ikea and Primark have been the most searched for brands following restrictions being lifted in April, according to new data from Dojo which has revealed the UK’s spending habits. The UK payment provider analysed Google search volumes to reveal the most in-demand brands post-lockdown, and which activities Brits were looking…
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Apr- 2021 -20 AprilOnline & Digital
OnBuy appoints Aron Cody-Boutcher as CMO
Online marketplace OnBuy has announced the appointment of Aron Cody-Boutcher as chief marketing officer (CMO) at the group. In the new position, Cody-Boutcher will be tasked with accelerating the company’s growth alongside Cas Paton, founder and CEO at OnBuy. Cody-Boutcher provides the role with over two decades of experience in…
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Mar- 2021 -15 MarchClothing & Shoes
LionRock capital completes Clarks deal
LionRock Capital has confirmed the completion of its partnership with Clarks, as initially announced on 4 November 2020, which will see it acquire a majority stake in the business for an investment of £100m. The board has also announced the appointment of Victor Herrero as executive chairman and CEO, replacing…
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Feb- 2021 -23 FebruaryClothing & Shoes
Clarks CEO steps down amid C-suite shake-up
Giorgio Presca has reportedly stepped down from his role as CEO of Clarks, according to Drapers. Presca, along with the shoe retailer’s chief commercial officer, Massimo Barzaghi and chief people officer, Difna Blamey, are said to have exited the business last week. Victor Herrero, the retailer’s non-executive director, will reportedly…
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Dec- 2020 -24 DecemberClothing & Shoes
Clarks shareholders approve £100m LionRock Capital rescue deal
Clarks has announced that its shareholders have approved a financial rescue deal from a Hong Kong-based private equity company. LionRock Capital will invest £100m in the shoe retailer as part of a Company Voluntary Agreement (CVA). As a result of this new partnership, none of Clarks’ 320 stores will have…
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Nov- 2020 -9 NovemberNews
Landlords hit back at Clarks CVA terms
Landlords are reportedly accusing Clarks of abusing its insolvency processes, as the retailer pushes forward with a CVA that includes turnover-based and zero rental terms. According to a report by The Sunday Times, Clarks’ proposed CVA is “likely” to detrimentally impact landlords, who account for less than 25% of creditor…
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5 NovemberClothing & Shoes
Clarks agrees £100m rescue deal with LionRock Capital
Clarks has been rescued in a £100m deal with LionRock Capital – the Hong-Kong-based private equity firm. Announcing its new partnership, LionRock Capital said it will acquire a majority stake in Clarks, with the Clark family to remain invested in the business. The £100m investment will enable Clarks to “position…
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Oct- 2020 -27 OctoberClothing & Shoes
Clarks begins landlord talks over restructuring deal
Clarks has reportedly “kicked off” restructuring talks with landlords regarding store closures and rent cuts, according to Sky News. The footwear retailer and its advisers are said to be meeting with landlords this week to discuss a restructuring that would see the chain switch to a turnover-based rent model for…
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7 OctoberClothing & Shoes
Clarks may turn to CVA to secure LionRock rescue deal
Embattled shoe retailer Clarks may reportedly resort to launching a CVA that could lead to some store closure in order to secure a rescue deal from potential investors LionRock Capital. According to Sky News, any rescue deal from LionCapital is reportedly contingent on a CVA proposal being approved by its…
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2 OctoberClothing & Shoes
Clarks pension trustees call in advisers
Pension trustees at shoe retailer Clarks have reportedly drafted in advisors as they seek to secure additional finance for the company. According to Sky News, the company’s retirement holders have called in advisers from FRP Advisory and Penfida after discussions were had with two potential bidders. Just last week it…
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