All Shoe Intelligence articles in Volume 26, Issue 13+14 – Page 4

  • Clarks
    Article

    Clarks swings to annual loss as ‘discount-hungry’ consumers spurn full prices

    2024-06-06T18:14:00Z

    C&J Clark (No1) Limited, the parent company of the Clarks brand, swung to a full-year loss as it grappled with inflation, weak demand for full-price stock, global conflict, oversupply and a large asset impairment charge in 2023. Revenues for the 12 months to December 31 rose by 14 percent to ...

  • News briefs

    HanesBrands sells Champion to Authentic Brands Group

    2024-06-05T18:24:00Z

    HanesBrands has entered into a definitive agreement to sell the intellectual property and certain operating assets of the Champion business to Authentic Brands Group for $1.2 billion, with the potential to reach up to $1.5 billion through an additional contingent cash consideration of up to $300 million based on achievement ...