All Clarks articles – Page 2
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NewsClarks sales slip as supply chain issues take their toll
British footwear retailer Clarks has posted a decline in profits after tax and turnover for the 48 weeks to December 2022 as supply chain issues took a toll on trading.
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DataFashion Forward: The top 30 fashion retailers by 2026
Fashion retail has experienced a turbulent time, but retailers investing in elevation, partnerships, acquisitions and focused transformation are set to win. Our Retail Week analysts reveal which retailers will lead the sector in 2026.
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NewsClarks poaches new managing director from Under Armour
British footwear retailer Clarks has named former Under Armour global vice-president of retail Bob Neville as its new managing director for the UK and Ireland.
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NewsClarks appoints new chief executive as it ‘looks forward to new phase’
Footwear specialist Clarks has named Jonathan Ram as chief executive as it seeks to rekindle success.
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NewsClarks boss steps down after just nine months at the helm
Clarks chief executive Victor Herrero has left his role to take on greater responsibilities at parent company LionRock.
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NewsClarks slumps to record losses due to Covid-19 restrictions
Footwear specialist Clarks has slumped to record losses in its more recent full-year results due to coronavirus restrictions and store closures.
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NewsMarks & Spencer adds new fashion brands to online stable
M&S is to introduce six more fashion brands to its online platform as it builds its ecommerce operations.
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NewsM&S launches Clarks tie-up in kids’ and casual clothing push
Marks & Spencer will start selling Clarks children’s shoes this week as part of its shift away from special occasion clothing.
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Retail Navigator Analysis
Clarks (Overview)
Clarks is among the largest footwear companies in the world. The footwear specialist trades through some 1,150 stores globally through a mix of standalone and franchise stores. It is also active in wholesaling in its regions.
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Retail Navigator AnalysisClarks (Financials)
Clarks delivered revenues of £994.5m in the year ending 31 December 2023. The footwear retailer had realigned its financial year with parent company, Viva Goods Company which resulted in a shorter financial reporting period of 48 weeks (to end December 2022) for FY2022. As such, year-on-year comparisons have not been used in either FY2022 or FY2023.
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Retail Navigator AnalysisClarks (SWOT)
Clarks is the UK’s largest specialist footwear retailer and has a global profile synonymous with quality. The company has high brand recognition in North America and a more premium position overseas than at home. However, retail sales have been volatile in recent years and the brand needs to ensure it remains relevant.
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Retail Navigator AnalysisClarks (People)
A search for a permanent chief executive is ongoing at Clarks, with chief executive Jonathan Ram, managing director Bob Neville and chief product officer Victoria Jones all having departed the retailer in recent months.
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NewsClarks top team exit in boardroom shake-up
Several members of shoe retailer Clarks’ leadership team have resigned from the business.
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NewsClarks creditors approve CVA opening door to new investment
Clarks’ creditors have approved the company voluntary arrangement proposal it launched earlier this month, allowing it to move the majority of its stores to turnover-based rents and opening the door for external investment.
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Opinion‘As more jobs go, leaders can never forget responsibility for lives and livelihoods’
The numbers this week speak for themselves.
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NewsClarks puts thousands of roles at risk in store management restructure
Clarks has told almost 4,000 UK store staff that their roles are at risk of redundancy as part of radical plans to revive the struggling business.
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NewsClarks pension trustees draft in advisors to secure fresh investment
The pension trustees of shoe specialist Clarks have drafted in advisers in a bid to bring fresh investment into the struggling retailer which has been battered by the effects of the coronavirus.
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NewsClarks moves step closer to minority stake sale with investors
Struggling family-run shoe chain Clarks has seen interest from multiple parties to help inject cash into the business.
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NewsClarks to shed 700 jobs as it launches new global strategy
Footwear specialist Clarks has said it will cut 700 jobs globally over the next 18 months as it launches a new strategy designed to future-proof the ailing business.
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NewsClarks to permanently close some UK stores as it mulls new financing options
Struggling footwear specialist Clarks has drawn up plans to permanently close some of its stores after drafting in bankers to review its finances.
