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Management

C&J Clark International sales, profits in 2022 hit by supply chain issues

C&J Clark International Ltd - an operating subsidiary of British footwear retailer Clarks - experienced a drop in sales and profit in 2022 as an increase in post-pandemic demand was offset by supply chain disruptions. The company, which has undergone a significant transformation in recent years, generated turnover of 502.8 million pounds in the...

Management

H&M: Q3 profits widen, but warm weather hurts September sales

Swedish fashion giant H&M has reported a jump in profit in the third quarter, but said recent sales have been hurt by unusually warm September weather across key markets. The group, which owns its namesake label along with Cos, Monki, and Weekday, among others, made a net profit of SEK 3.3 billion (285.1 million euros) in the quarter ended...

Management

Start-Rite Shoes secures seven-figure funding

Norwich-based children’s footwear manufacturer and retailer Start-Rite Shoes has received a seven-figure funding deal from Reward Finance Group to launch a new ‘back to school’ product line. Start-Rite, which sells children’s shoes to the likes of John Lewis, Next, and Very.co.uk, is one of Britain’s longest-established manufacturers – operating...

Management

Oliver Bonas sees jump in profits, sales in 2022

Oliver Bonas saw profits jump 35 percent last year as it recovered from the pandemic and the knock to sales it suffered from months-long store closures. The British fashion and lifestyle retailer generated a profit after tax of 7.63 million pounds in the 12 months to December 31 2022, up from 5.65 million pounds a year earlier. It marked the...

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