
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.
149 published items with the word (s) or phrase Clarks in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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.
The long-running restructuring plans for troubled UK footwear retailer Clarks are expected to take a major step forward this week.
Lifestyle 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.
Retail 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.
Footwear giant Clarks is reportedly planning a company voluntary arrangement as it seeks to close under-performing stores in order to clinch a rescue deal.
Struggling 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.
The London-based shoe brand has joined the likes of Veja, Allbirds and Toms in achieving B Corp status, a sustainability certification.
Frasers’ 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.
Nearly 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.
As 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.