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Retail Asia19/01/2021

Li Ning, the gymnast-entrepreneur who lit the Olympic flame during China’s 2008 Games, has bought control of one of Britain’s oldest shoe producers, extending the global shopping spree by Chinese companies for famous international brands. Viva China Holdings, the sports talent agency founded by Li, has agreed to pay £51 million (US$69.7 million) for 51 […]

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Retail Asia29/09/2020

Clarks has reportedly seen a Hong Kong-based investor join the list of bidders interested in a majority stake in the retailer, as it seeks to refinance amid the Covid-19 pandemic. Private equity firm Lion Rock is one of two remaining bidders for the 195-year-old footwear retailer. If the deal goes ahead, it could end two […]

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Retail Asia25/05/2020

Clarks, the UK-based shoe retailer, will cull the ranks of its corporate staff by a net 700 people worldwide, including in Asia during the next 18 months. In all, 900 jobs will be lost, the first 160 of which were announced in the UK this week. However by the end of the restructuring process, about […]

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Retail Asia09/04/2020

Footwear retailer Clarks has elected to close some of its UK stores permanently once the current government lockdown on businesses in response to the coronavirus pandemic is lifted. The decision is an effort to survive the hit to its business as the virus keeps consumers at home and has curbed consumer spending. It will affect […]

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Retail Asia27/06/2019

Footwear retailer Clarks has opened its first dual concept store at Suntec City Singapore. The store showcases Clarks casual footwear products on one side and Cloudsteppers line, which targets Millennial and GenZ consumers, on the other. The store marks what Clarks’ management describe as a “milestone of the retail transformation initiated in Southeast Asia”.

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Retail Asia07/02/2019

Kishore Biyani, Chairman, Future Group says his company is planning to step up its focus on men’s footwear retail since the category is becoming an important accessory for the Indian consumer. According to Biyani, footwear today is no longer category defined for just women. It’s equally important for men – almost as important as buying trousers. With […]

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Retail Asia25/10/2018

Singapore’s first Clarks Pure concept store opened its doors today, described as “a classic, understated and uncluttered retail space which reflects the brand’s history and modern spirit”. The new Clarks Singapore store is located in the Ion Orchard shopping centre. It is the first Pure store to be opened by the footwear brand in Southeast […]

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Retail Asia08/05/2018

Global shoe brand Clarks has stepped out of its usual comfort zone with a range inspired by Marvel’s movie Avengers: Infinity War. The Clarks Kids range is described as “an exclusive multi-gender collection” (Yes, we are still wondering how many genders kids relate to, also) that “celebrates strength in unity”. Avengers Infinity War launched worldwide […]

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Retail Asia02/08/2016

Three years after the Japanese luxury department store chain announced plans to enter Saigon, Takashimaya Vietnam opened its doors at the weekend. As the anchor tenant of downtown Ho Chi Minh City’s Saigon Center, Takashimaya takes up a whole five floors making it by far the nation’s largest department store – and likely its most […]

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Retail Asia13/07/2016

A Taiwan-based sports shoes manufacturer has expressed its interest to expand its business in Indonesia. The company, who has had a factory in Tangerang since 1996 with 1,100 workers, will expand and is expected to absorb up to 10,000 workers. The Investment Coordinating Board (BKPM) chairman Franky Sibarani has welcomed the planned expansion. “It’s very […]

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Retail Asia30/03/2016

Clarks shoe brand retailer, S Culture has announced a loss for the year and will not pay a dividend. Chairman Chong Hot Hoi described 2015 as the worst year for Hong Kong retail sales since 2002, driven by the fall in big spending tourists from the mainland and weak domestic consumer spending. S Culture recorded […]

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Retail Asia24/10/2015

Shoe marketer Stella International has reported increased sales in the second quarter on the back of growing demand for sports fashion footwear. In the three months to September 30, consolidated revenue from its China retail business and its manufacturing operations amounted to US$569 million, up 4.3 per cent year on year. For the nine months […]

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Retail Asia02/10/2015

Future Group subsidiary Lifestyle Fashions has opened a design studio in London, which it describes as “the fashion capital of the world”. The studio will “infuse the company’s brands with global designs, trends and sourcing capabilities and also curate a globally-inspired fast fashion brand for the Indian market,” the company said in a statement. Located […]

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Retail Asia28/08/2015

British footwear brand Clarks says it sees Asia Pacific growth as a “a key strategic focus” for the company. The 190 year old, £1.5 billion business, plans to open 100 stores in the region in the next 12 months. “As we celebrate a significant birthday, we are as nimble and entrepreneurial as ever and poised […]

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Retail Asia02/06/2015

Robust progress in sportswear gross sales helped Belle Worldwide obtain an eight.7 per cent improve in income within the yr to February, regardless of a difficult larger China retail market. Belle Worldwide manufactures, distributes and retails footwear and footwear merchandise and sells sportswear and different attire, primarily in China, Hong Kong and Macau. It owns […]

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Retail Asia26/01/2015

Hong Kong distributors of shoe label Clarks has blamed the Occupy Central protests for a 45 per cent profit slump in the year to December. S.Culture has the exclusive distribution rights for a number of international lifestyle comfort footwear brands, including Clarks, Josef Seibel, The Flexx and Yokono. It has retail outlets in Hong Kong, […]

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