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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.

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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".

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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.

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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.

Tags: make job strategy cuts

 

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