With the UK suffering an almost-unprecedented wave of fashion retail failures, the footwear sector appears to be particularly vulnerable and news has come that another small-to-medium-sized business has gone under.
Timberland has named industry veteran Chris McGrath as its new vice president of global footwear design, where he will lead the brand’s footwear design strategy across men’s, women’s and kids’ as well as accessories.
Development at the outlet mall due to open at The O2 in London this October is proceeding with the companies behind it announcing the first names to have signed up. They include Calvin Klein, Kurt Geiger and Levi's.
In shock news Monday, UK footwear specialist Clarks confirmed that its CEO Mike Shearwood “has resigned following an investigation into complaints of conduct contrary to the company’s Code of Business Ethics.”