je.st
news
Tag: clarks
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.
Tags: investment
clarks
clinches
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
LionRock Capital "in talks" for controlling stake in Clarks
2020-10-05 13:37:00| Daily apparel & textile news and comment - from just-style.com
UK footwear chain Clarks has selected Hong Kong investment firm LionRock Capital for exclusive talks to buy a controlling stake in the business, according to sources familiar with the matter.
Tags: in
capital
controlling
talks
Clarks to make 900 job cuts under new strategy
2020-05-21 15:43:00| Daily apparel & textile news and comment - from just-style.com
UK footwear firm Clarks has outlined a new strategy that will see the brand make 900 job cuts globally, and introduce digital enhancements as well as a focus on sustainability and product innovation.