Clarks had a tough time of it last year, as did many others in the footwear sector. Sales plummeted and its losses in the 12 months to January 2021 grew. But the firm is upbeat about the future under its new ownership.
Following MSGM, a number of new, innovative brands are hitting the Milanese runway, including the likes of Shi.RT, by Aquilano and Rimondi, and Vitelli, headed up by Mauro Simionato and his experimental knitwear.
Tiziana Fausti, founder of the eponymous multibrand luxury retailer, details to FashionNetwork.com her strategy for breathing fresh energy into the legendary Milanese concept store she bought last year.
British retailer Marks & Spencer is to add more guest clothing and footwear brands to its website, including FatFace and Jones Bootmaker, after an initial wave of brands increased traffic and attracted new customers.
In a key development following the arrival of its new owners, Clarks has unveiled a new campaign for its Clarks Originals brand that includes content and a collab, all designed to celebrate black female creatives.
Clarks’ CEO Giorgio Presca has exited the historic shoe firm. The move comes only a few months after it brought a new majority owner on board as the founding family relinquished control for the first time in centuries.
UK shoe giant Clarks has filed its results for its year to February 2020 and the figures show just how much it was struggling even before the pandemic forced its stores to close and sent footwear demand plummeting.
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.