Clintons
This coverage explores Clintons’ activity and performance within the UK retail sector, providing insights for retail executives, managers, and business decision-makers. Reporting focuses on store openings and closures, restructuring efforts, ownership changes, marketing strategies, and its role in the greeting cards and gifts market. The analysis helps professionals assess Clintons’ commercial direction and its implications for the wider retail landscape.
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Apr- 2025 -8 AprilNews-In-Brief
Today’s news in brief-8/4/25
Levi Strauss & Co reported a strong start to 2025, with Q1 sales rising 3% to $1.5bn (£1.17bn) and adjusted EBITDA surging 47% to $204m (£159m), exceeding expectations. Direct-to-consumer revenues grew 9%, while wholesale sales increased 3%. The Levi’s brand saw an 8% global organic growth, with the Americas up…
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8 AprilHigh Street
Clintons returns to FY profit following store closures
Clintons has returned to profit following a period of store closures and job losses, with pre-tax profits rising to £8.1m in the year ended 29 June 2024, up from a loss of £5.4m the prior year. Full-year sales fell from £96.5m to £82.6m over the period, which was a “satisfactory…
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Oct- 2023 -9 OctoberShopping Centres
The Lexicon announces new retail lettings
The Lexicon has secured new lettings to Giggling Squid, Søstrene Grene, Robert Dyas, Five Guys, ChopStix, German Doner Kebab, Tortilla, and Mr Simms who have taken a combined 23,500 sq ft of retail and F&B space at the Bracknell shopping centre. The leasing activity follows the shopping centre’s continued strong…
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Aug- 2023 -29 AugustHigh Street
Clintons to shut 38 stores as part of restructuring plan
Clintons is reportedly set to close 38 stores in a bid to stave off its collapse for at least 12 months after a restructuring plan was approved by an insolvency court. According to the Evening Standard, the plan allows the retailer to escape full payment of business rates and rent…
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7 AugustHigh Street
Clintons could close fifth of stores to remain trading
Clintons could reportedly be set to close around a fifth of its stores in order to keep the company solvent. According to reports, first revealed by The Times, the retailer has appointed restructuring experts FRP Advisory to help oversee a possible debt-for-equity swap. The outlet also revealed that as part…
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Sep- 2021 -3 SeptemberHigh Street
Clintons to sell alcohol via online store for first time
Card retailer Clintons has announced that it has partnered with Henstone Distillery to offer a range of alcohol for the first time on its online store. Alongside the full-sized bottles of spirits, Clintons will also be offering branded “snifter” and gin glasses for single malt whisky, Nonpareil and three different…
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Feb- 2020 -25 FebruaryComment
The changing face of retail in the age of digitisation
Retail: the 2020 snapshot It’s no secret that high street retail in Britain has been struggling for the past decade. Since the collapse of Woolworths in 2009, it has been clear that something, somewhere, has been going very wrong on the Great British high street. In fact, currently it is…
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11 FebruaryHigh Street
Administrations up 5% in 2019
The number of companies falling into administration across England and Wales increased by just under 5% in 2019, according to new analysis from KPMG. A study of notices in the London Gazette showed that a total of 1,403 companies went into administration during 2019, compared with 1,341 in the previous…
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Jan- 2020 -28 JanuaryComment
How ‘Ostrich Shops’ are blighting the high street
The state of the high street isn’t to blame for the closure of shops and growing number of UK retailers entering into Company Voluntary Administration (CVA) schemes. It’s a trend of ‘Ostrich Shops’ which is killing high street retail. It’s all too easy to read about struggling high street shops.…
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Dec- 2019 -4 DecemberHigh Street
Clintons saved from administration
Clintons has been saved from administration after the Weiss family regained control of the business through a new entity. Will Wright and Steve Absolom from KPMG, who were appointed joint administrators, sold the brand and its assets to Esquire Retail Limited – a holding company for the Weiss family. The…
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