After nearly two centuries in family ownership, Clarks has clinched a rescue deal with a Hong Kong investment company taking control of the business, keeping stores open and cutting relatively few jobs for now.
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149 published items with the word (s) or phrase Clarks in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Clarks announces CVA and £100m rescue deal to save its stores")
Clarks announces CVA and £100m rescue deal to save its stores -
![]( "Clarks CVA drive starts with landlord talks on closures and rents")
Clarks CVA drive starts with landlord talks on closures and rentsThe long-running restructuring plans for troubled UK footwear retailer Clarks are expected to take a major step forward this week.
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![]( "White Stuff launches on QVC webstore in UK")
White Stuff launches on QVC webstore in UKLifestyle brand White Stuff is extending its reach as of this week with a debut online via QVC UK. The offer features a number of exclusives from the brand.
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![]( "British Land collects half of rents, says retail parks are strong")
British Land collects half of rents, says retail parks are strongRetail landlord British Land said Friday that all of its retail assets and 86% of stores are now open and retailer sales are at 90% of this time last year.
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![]( "Clarks 'to shut dozens of stores' in CVA rescue deal - report")
Clarks 'to shut dozens of stores' in CVA rescue deal - reportFootwear giant Clarks is reportedly planning a company voluntary arrangement as it seeks to close under-performing stores in order to clinch a rescue deal.
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![]( "Clarks close to selling stake to LionRock or Alteri - report")
Clarks close to selling stake to LionRock or Alteri - reportStruggling UK footwear giant Clarks could be about to strike a deal to sell a stake to a private equity company. And the sale could mean the end to more than two centuries of majority ownership by the founding family.
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![]( "Sustainable footwear brand Vivobarefoot gets B Corp status")
Sustainable footwear brand Vivobarefoot gets B Corp statusThe London-based shoe brand has joined the likes of Veja, Allbirds and Toms in achieving B Corp status, a sustainability certification.
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![]( "Frasers Group plans major opening at regional retail park, Flannels included")
Frasers Group plans major opening at regional retail park, Flannels includedFrasers’ execs may have been talking about potential store closures in recent periods, but the firm is also planning openings and has announced its first regional store since the pandemic began at Leicester's Fosse Park.
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![]( "Johnsons Shoes bought out of administration, six stores to continue")
Johnsons Shoes bought out of administration, six stores to continueNearly two months after it fell into administration, Johnsons Shoes Company, has been bought by Newjohn Ltd, which is part of the independent retailer Daniel Footwear. Half of its stores will continue.
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![]( "Clarks is target for private equity firms, ex-Triumph chief to become MD")
Clarks is target for private equity firms, ex-Triumph chief to become MDAs footwear retailer Clarks seeks new funding, a number of private equity companies are reportedly keen to take a stake in the company. And a former Triumph head is joining next month to run the Clarks unit.