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Clarks, LionRock Capital partnership gets the green light

2020-12-23 14:43:00| Daily apparel & textile news and comment - from just-style.com

UK footwear chain Clarks' proposed partnership with LionRock Capital has been approved by its shareholders.

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Clarks CVA gets the green light

2020-11-20 17:36:00| Daily apparel & textile news and comment - from just-style.com

UK footwear chain Clarks says its company voluntary arrangement (CVA) has been approved by the required majority of its unsecured creditors.

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Clarks clinches GBP100m investment from LionRock

2020-11-04 14:52:00| Daily apparel & textile news and comment - from just-style.com

UK footwear chain Clarks has struck a partnership with Asian private equity firm LionRock Capital, which sees the latter take a majority stake in the business.

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Clarks starts restructuring talks with landlords?

2020-10-27 10:42:00| Daily apparel & textile news and comment - from just-style.com

Clarks is understood to have started discussions with landlords over the potential switch to a 'turnover rent' model as part of a restructuring by the UK footwear chain.

Tags: starts talks restructuring landlords

 

Clarks mulls 50-store closure as part of new CVA?

2020-10-07 14:18:00| Daily apparel & textile news and comment - from just-style.com

UK footwear chain Clarks is reportedly planning the closure of 50 stores as part of a company voluntary arrangement (CVA), a move analysts believe is "long overdue".

Tags: part closure clarks mulls

 

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