World Footwear

United Kingdom

Kurt Geiger posts record full year sales

Sep 2, 2024 / United Kingdom
The British footwear and accessories brand has reported a strong year 2023/2024, against both a backdrop of rising prices across the industry and weakening global consumer demand

JD Sports on track to deliver full year EBIT guidance

Aug 29, 2024 / United Kingdom
The UK-based sports retailer has reported a strong second quarter performance, particularly in North America and Europe, and has reaffirmed its full year EBIT guidance as a result

Global luxury downturn hurts Manolo Blahnik

Aug 27, 2024 / United Kingdom
The UK-based footwear and accessories label has reported that its 2023 sales and profits have been hit by the global downturn in luxury fashion spending, amid a challenging macroeconomic context

Deflationary trend helps revitalise UK fashion retail

Aug 2, 2024 / United Kingdom
The UK fashion retail sector benefited from a deflationary trend in July, according to the British Retail Consortium (BRC), giving consumers a temporary respite from recent difficult months

Ted Baker to close all its UK stores

Jul 31, 2024 / United Kingdom
Ted Baker is planning to close all its UK stores within weeks, according to multiple reports. Hundreds of staff at the fashion retailer have reportedly been told they will lose their jobs

Richard Shetliffe from BFA: we will always look at ways that we can support and offer guidance

Premium ContentJul 29, 2024 / United Kingdom
We spoke to Richard Shetliffe, a veteran of the footwear and accessories industry who was appointed CEO of the British Footwear Association a few months ago, to discuss the role of the association in light of the various challenges facing the UK industry

Mulberry appoints new CEO

Jul 18, 2024 / United Kingdom
The British luxury brand has announced the appointment of Andrea Baldo as Chief Executive Officer, effective from the 1st of September. He succeeds Thierry Andretta, who has already stepped down

Burberry announces new CEO and warns of loss as first quarter sales slump

Jul 15, 2024 / United Kingdom
The luxury company has warned of an operating loss in the 1H of the year if the slowdown in the luxury sector continues, after reporting a 21% year-on-year fall in sales in the 1Q and announcing the exit of CEO Jonathan Akeroyd

Dr. Martens maintains full year guidance

Jul 12, 2024 / United Kingdom
The UK-based footwear company has reported that trading in the first quarter was in line with expectations and that its guidance for the financial year 2025 remains unchanged

Hundreds of jobs to be axed at Burberry

Jul 8, 2024 / United Kingdom
The UK-based luxury label plans to cut hundreds of jobs as part of a radical cost-cutting programme intended to bolster falling profits, the Telegraph reports

Shoe Zone cuts full year guidance

Jul 5, 2024 / United Kingdom
The British footwear retailer has lowered its full year guidance due to continued cost pressures related to container prices and weaker-than-expected sales of its spring-summer collection

UK Retail: are the winds starting to blow in retailers’ favour?

Premium ContentJul 1, 2024 / United Kingdom
Despite a slight upturn in sales of Textile, Clothing and Footwear in March, a number of factors, including an early Easter, poor weather and the high cost of living, soon led to a visible lack of demand. This will most likely lead to a decline in the number of footwear imports, breaking the growth trend seen in the first quarter of the year. On the bright side, inflation is at its lowest since November 2021 and the economy seems to be picking up, so there is room for some improvement in consumer sentiment. With the UK on the brink of a General Election and a series of sporting events promising to bring people onto the streets, are the winds starting to blow in retailers’ favour?

Allbirds completes international distributor agreements

Jun 27, 2024 / United Kingdom
The Californian footwear brand has announced that it has finalised the agreements that will cover the Benelux and Scandinavian regions. Japan will now have an exclusive distributor

Decathlon UK posts loss as it invests in transformation plan

Jun 21, 2024 / United Kingdom
The UK arm of the French-based retailer posted a 2 million British pounds (2.4m euros) loss in 2023, after investing 10 million British pounds (11.8m euros) in transformation initiatives

Clarks to cut a further 150 jobs

Jun 21, 2024 / United Kingdom
The British footwear specialist is reportedly set to slash 150 office jobs, as losses widened last year. The latest job cuts come after the company made 103 roles redundant in 2023
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