World Footwear

United Kingdom

Shoe Zone raises full year guidance

Jul 24, 2023 / United Kingdom
The UK-based footwear retailer has raised its full year profit guidance for the second time in five weeks, following an “exceptional” sales month in June

WoolOvers Group rescues Hotter Shoes

Jul 21, 2023 / United Kingdom
The British footwear brand, until now run by the struggling Unbound Group, has been rescued by the natural knitwear brand WoolOvers, in a pre-pack deal worth 6.7 million British pounds (7.7 million euros)

JD Sports expands to the Middle East with new franchising deal

Jul 19, 2023 / United Kingdom
The UK-based sportswear retailer has signed a 10-year franchise agreement with the Dubai-based brand management company GMG that will allow it to expand into the Middle East

Dr Martens to focus on the Americas region

Jul 18, 2023 / United Kingdom
The British footwear brand reported that its first quarter trading was in line with its previous guidance, but emphasised the need to focus on the Americas region, which saw its revenue decline year-over-year

Burberry delivers a strong first quarter

Jul 17, 2023 / United Kingdom
The luxury group posted an 18% growth in comparable store sales in the first quarter of fiscal 2024, as compared to the same period of last year, driven by the ongoing recovery in Mainland China

Clarks names new Managing Director for the UK and Ireland

Jul 13, 2023 / United Kingdom
The British footwear label has announced that Under Armour's former Vice President of retail Bob Neville will serve as its new Managing Director for the UK and Republic of Ireland

Manolo Blahnik opens its first men's pop-up at Harrods

Jul 12, 2023 / United Kingdom
Until the end of the month, customers can visit the shoemaker's first men's pop-up at Harrods for a sneak peek at the Autumn 2023 collection, along with over 60 models from the current one

JD Sports to take full control of the Iberian Business

Jul 10, 2023 / United Kingdom
The UK-based retailer intends to buy the remaining 49.98% shares in the Iberian Sports Retail Group (ISRG) for 500.1 million euros, thereby acquiring 100% ownership

Burberry expands its global youth empowerment programme

Jul 6, 2023 / United Kingdom
The UK-based luxury group has announced the expansion of its Burberry Inspire youth community programme. The aim is now to support 500 000 young people worldwide in the next three years

Ted Baker cuts 200 jobs

Jul 4, 2023 / United Kingdom
Ted Baker has cut around 200 jobs in its head office workforce. This move comes as the company transitions to an outsourcing model following its acquisition by Authentic Brands Group (ABG)

UK Retail: a too-long string of ifs damps the mood

Premium ContentJun 29, 2023 / United Kingdom
Consumer confidence in the UK has yet to take off to somehow improve retailers’ mood in the textile and footwear sectors. Rising wages, falling energy bills and even slightly lower inflation may help brighten the atmosphere, but the uncertainty surrounding all of these factors doesn’t help retail much at present. For now, except for sticking to their previous conservative import decisions and watching closely for upcoming changes in consumption patterns, there’s little to be done

JD Sports reiterates full year outlook

Jun 28, 2023 / United Kingdom
After reporting a positive trading update for May, the UK-based retailer said that it maintains its outlook of 1.04 billion British pounds in profit before tax and adjusted items

Manolo Blahnik with new Chief Commercial Officer

Jun 27, 2023 / United Kingdom
The luxury shoemaker has named Elodie Bougenault as its new Chief Commercial Officer. She will spearhead the brand's global commercial direction, at a time when Manolo Blahnik looks to revamp business in Asia

Asos returns to profitability

Jun 23, 2023 / United Kingdom
Despite a third quarter revenue decline, the UK-based online retailer returned to profitability, saying that its turnaround strategy is starting to work. This led Frasers to increase its stake in the company

Kurt Geiger secures funding to boost international growth

Jun 22, 2023 / United Kingdom
The London-based retailer announced that it has secured a new funding deal to refinance its debt and fuel its international growth plans
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