United Kingdom
Shoe Zone with declining profits blames financial burden of public policies
In the last financial year Shoe Zone's underlying pre-tax earnings slid to 9.6 million British pounds from 11.3 British pounds in the previous year. Management blames Government for increasing taxes
12 Timberland stores to close across the UK
Outdoor clothing and footwear brand Timberland together with their retail partner 73 Retail are closing 12 stores across the UK. Other closures impacting The North Face and Havaianas
JD Sports with positive holiday sales
The sports-fashion retail company based in the UK announced an update on performance following the Christmas trading period. A positive like for like trend was registered
Capri joins the Australian bushfire relief efforts
The London-based luxury group announced that it is donating 100 000 Australian dollars to the Australian Red Cross in support of those affected by the country’s catastrophic bushfires
Farfetch is on acquisition mode
One day after the purchase of Japanese jeweller Ambush, Farfetch is back on the news with the acquisition of Opening Ceremony, a American clothing brand founded in 2002 by Carol Lim and Humberto Leon
Pentland acquires the Speedo North America
PVH Corp. has announced that it has entered into a definitive agreement to sell its Speedo North America business to Pentland Group, parent company of Speedo International Limited
Liverpool and Nike with multi-year partnership deal
The football team based in the northwest England announced a new multi-year partnerhsip with Nike, which becames its official kit supplier from the 2020-21 season onwards
Capri to acquire Italian shoe manufacturer
The London-based global fashion luxury group announced it had signed a definitive agreement to acquire Italian atelier and shoe manufacturer Alberto Gozzi S.r.L. from Tuscany
Dr. Martens sale rumors intensify
American-based investment firm Carlyle Group is reportedly in the race for British footwear brand Dr. Martens
Clarks calls in McKinsey to conduct business review
British footwear retailer Clarks has called in consultants from McKinsey & Co to conduct a review of the business and assess its options amid difficult trading
Half-year growth for Burberry
The UK-based luxury brand has reported revenue of roughly 1.3 billion British pounds for the first half of the year, up by 5% compared to the same period a year ago
London Design Museum to feature sneakers and Prada
The London-based museum announced its forthcoming exhibition programme for 2020. Sneakers and Prada amongst the scheduled exhibitions
Despite losses Farfetch congratulates fantastic quarter
The luxury e-commerce giant focused on several encouraging indicators when announcing the quarter results, but Farfetch continues to present an increasing net loss
Most expensive shopping streets revealed
According to a recent study by Cushman & Wakefield commercial leases in Causeway Bay in Hong Kong are the most expensive in the world
Clarks widen losses
The UK-based footwear brand announced yearly results for the period ended on the 2nd of February. Clarks reported a loss after tax of 82.9 million British pounds-
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