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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Sep- 2020 -25 SeptemberClothing & Shoes
Hong Kong’s Lion Rock joins race for Clarks
A Hong Kong-based private equity firm, which backs a number of companies such as Taxi hailing app Hailo and Serie A football giant Internazionale, has reportedly entered the race to acquire Clarks. According to Sky News, Lion Rock is one of the remaining two potential bidders vying for a majority…
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May- 2020 -22 MayClothing & Shoes
Clarks to cut 900 jobs as part of new ‘made to last’ strategy
Clarks has announced the launch of its long-term ‘made to last’ strategy that is designed to ensure that Clarks has a “sustainable and successful future”, resulting in around 900 members of staff made redundant. Making the announcement, CEO Giorgio Presca said that the new strategy aims to deliver a new…
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Apr- 2020 -7 AprilClothing & Shoes
Clarks confirms ‘small number’ of permanent closures
Footwear retailer Clarks has confirmed it is to close a “small number of stores’ following a review of its store estate. The permanent closures are said to be unrelated to the current coronavirus pandemic, with the stores selected from its 367 strong portfolio already chosen due to having leases set…
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Feb- 2020 -28 FebruaryShopping Centres
New £90m north-east retail development secures 23 brands
Plans to build a new £90m outlet shopping and leisure destination in the North of England have been unveiled, along with the first 23 brands to sign-up including BOSS, Calvin Klein, Tommy Hilfiger, Adidas, Levi’s, Mint Velvet, Joules, Gap and Skechers. Scotch Corner Designer Village, situated on the A1(M) in…
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Nov- 2019 -28 NovemberPeople Moves
M&S hires former Arcadia exec as head of brand creative
Marks and Spencer has appointed Anthony Cassidy as its new head of brand creative. Cassidyy joins from Arcadia, where he is currently creative director across a number of the group’s brands. Marks and Spencer said Cassidy has a “diverse” range of experience including both in-house and agency roles at Portas…
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25 NovemberHigh Street
Clarks calls in advisors to review business
Shoe retailer Clarks has called in management consulting firm McKinsey & Co to review its business. A spokesperson told Retail Sector that the company is “unable to share any specific details” of its new strategy, but did confirm that it is “transforming” the brand to “reconnect” with its consumers by…
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5 NovemberNews
Shop Direct appoints ex-Clarks president as new CFO
Shop Direct has appointed former European president of Clarks Shoes, Ben Fletcher, as its new group chief financial officer. He will commence his role on 6 January 2020 and will report to CEO Henry Birch as a member of Shop Direct’s executive board. Fletcher, who is currently a non-executive board…
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Oct- 2019 -7 OctoberClothing & Shoes
Clarks wins unfair dismissal case against former CEO
Clarks has won its legal battle against its former CEO Mike Shearwood who claimed unfair dismissal, after an employment tribunal sided with the shoe retailer. Shearwood launched a legal battle against the company after he was ousted last year following “conduct, conversations and expressions fell short” of company expectations. Shearwood…
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Sep- 2019 -30 SeptemberHigh Street
Former Clarks CEO launches legal battle over misconduct claims
The former CEO of shoe retailer Clarks has launched a legal battle against the company, after he was ousted last year following “conduct, conversations and expressions fell short” of company expectations. According to the Sunday Times, Mike Shearwood claims he was ousted on “trumped-up charges” of racist and sexists comments,…
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Aug- 2019 -27 AugustHigh Street
Clarks seeking rent reductions of up to 30%
Shoe retailer Clarks has revealed it seeking rent reductions of up to 30% following a period of “poor trading”, according to a report by The Sunday Times. The report said the retailer asked landlords to extend leases on certain stores in return for reduced rent costs. A source also told…
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