Skechers
This coverage focuses on Skechers’ strategic expansion and market presence within the UK retail sector. With 124 stores across the UK and Ireland, including recent expansions, Skechers continues to solidify its retail footprint. The brand leverages both its physical presence and strategic partnerships to drive growth and consumer engagement. Skechers’ record sales highlight its effective growth strategies and expanding global influence.
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Aug- 2025 -13 AugustShopping Centres
Affinity portfolio hits 98% occupancy in H1
Affinity, a portfolio of four UK outlet shopping centres, has welcomed a “standout” half-year performance, with 98% of space now let across the portfolio. The group said its sites in Devon, Staffordshire, Lancashire and Sterling Mills reported a combination of “strong trading, proactive asset management, and compelling retail and leisure…
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13 AugustHigh Street
Shoe Zone halves profit forecast amid weak consumer confidence
Shoe Zone expects annual profits to fall by half after seeing a drop in footfall and revenues during June and July, as higher interest rates and weak consumer confidence continue to weigh on spending. The footwear retailer now forecasts adjusted profit before tax of about £2.5m for the year ending…
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May- 2025 -7 MayNews-In-Brief
Today’s news in brief-7/5/25
Asda has appointed Rachel Eyre as its new chief customer officer, replacing David Hills. Eyre joins from Morrisons, where she served as chief customer and marketing officer, overseeing brand strategy, digital, and PR. With prior experience at Sainsbury’s and Barclays, she aims to reinforce Asda’s position as the UK’s lowest-priced…
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7 MayClothing & Shoes
Skechers to be acquired by 3G Capital for $9.42bn
Footwear brand Skechers has announced that it has agreed to be acquired by 3G Capital for $9.42bn (£7bn). The investment firm has offered $63 (£47) per share in cash, representing a premium of 30% to the company’s 15-day volume-weighted average stock price. The transaction includes the option for existing shareholders…
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Apr- 2025 -28 AprilNews-In-Brief
Today’s news in brief-28/4/25
Mohsin Issa, co-founder of EG Group, has stepped down as CEO but will retain a significant minority stake and remain on the board as a non-executive director. Russell Colaco, the current CFO, will take over as CEO, bringing extensive international retail and investment banking experience. The move reflects EG Group’s…
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28 AprilClothing & Shoes
Tariffs force Sketchers to withdraw 2025 sales guidance
Sketchers has announced that due to “macroeconomic uncertainty stemming from global trade policies”, the company is not providing financial guidance at this time and is withdrawing its annual 2025 guidance. The news comes as the group reported a 7.1% increase in sales to $2.41bn (£1.81bn) in Q1 2025, as a…
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Jan- 2025 -31 JanuaryShopping Centres
Gloucester Quays sees 7.4% sales uptick in FY24
Gloucester Quays has announced a “record” Christmas trading with sales a 7.4% sales increase in FY24, 6.7% ahead of the national average. With Black Friday falling on November payday in 2024, and some retailer offers in advance of that date, the Christmas period proved successful for Gloucester Quays’ tenants. Across…
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Dec- 2024 -12 DecemberNews
Gloucester Quays completes 11 renewals in 2024
Gloucester Quays has announced 11 renewals as part of 20 leasing deals this year, forming over 44,000 sq ft of space. The deals bolster its position as a top 10 UK outlet and the destination of choice for brands to open, upsize, renew, and refit their stores. Amongst the 11…
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Oct- 2024 -21 OctoberClothing & Shoes
Reiss opens new store at Gloucester Quays
Fashion brand Reiss has opened a new store at Gloucester Quays, its first-ever in the city and only outlet in the South-West. Reiss’s Gloucester Quays store has opened opposite The North Face and next to Skechers, occupying 1,800 sq ft. The debut shop features the brand’s collections of men’s, women’s…
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Sep- 2024 -16 SeptemberNews
The O2 announces trio of openings
Outlet Shopping at The O2 has announced a trio of retail additions to its lineup, including Clarks, Soletrader, and a London outlet debut for contemporary bedding brand, Bedeck. Clarks has returned to Outlet Shopping at The O2 after 3 years, opening a 3,259 sq ft store adjacent to Skechers and…
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