Sports Direct's latest acquisition is a retail park in Hertfordshire that it bought for a third of the price paid by its previous owners. The company said it's planning to transform it into an aspirational destination.
Genesco’s struggling British footwear chain Schuh has reportedly called in a consultancy group, Capa, to examine ways of cutting its rental bill. It has also been working with its long-term adviser KPMG on options.
Caleres-owned, comfort-focused footwear brand Vionic has named Jerry Williamson as senior vice president of global sales, and Angela Caltagirone as senior vice president of digital and brand marketing.
Clarks has announced that former Guess CEO Victor Herrero is amongst three top executives joining its board as non-executive directors. The appointments follow the arrival of CEO Giorgio Presca last month.
Major retail landlord Landsec announced a raft of new signings from 17 brands covering 63,000 sq ft across its retail portfolio. Brands who have signed for space include Polo Ralph Lauren, H&M, Diesel, and Armani.
The brand was one of only few large British footwear brands in possession of UK manufacturing facilities. The move will affect about 35 jobs and end the brand’s attempt to bring manufacturing back to Britain.