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Business

Clarks to cut 900 jobs as part of transformation strategy

Clarks is set to cut around 900 jobs as part of its ‘Made To Last’ transformation strategy. The 195-year-old British footwear retailer said it has already announced 160 redundancies this week, including 108 at its headquarters in Street, Somerset. While 900 jobs are expected to go overall, it will be partially balanced by the creation of around...

22 May 2020

Retail

Clarks to permanently shut number of stores

Clarks is to permanently close a number of stores in the UK once their leases expire in May. While an exact number wasn’t given, a spokesperson said it would be fewer than 10. They added that the closures were not related to Covid-19. The spokesperson said: “Clarks continually reviews all its stores to ensure that they are the right size and...

9 Apr 2020

Business

Clarks calls in McKinsey & Co to conduct business review

British footwear retailer Clarks has called in consultants from McKinsey & Co to conduct a review of the business and assess its options amid difficult trading. Finance director Paul Kenyon is also leaving the family-owned shoe chain to join private Independent Vetcare chain, which is chaired by former WH Smith boss Kate Swann, The Sunday Times...

25 Nov 2019

People

Clarks enlists Alexander Skarsgård and Freida Pinto as new faces

Clarks has unveiled a new global brand campaign for autumn/winter 2019 with a focus on “comfort in every situation” featuring actor Alexander Skarsgård to highlight the men’s collection and actress Freida Pinto for the women’s. Known as the champion of comfortable shoes, British footwear brand Clarks is reinforcing a belief in the importance of...

5 Sep 2019

Business

Clarks seeks rent reductions

Clarks has reportedly asked landlords for rent reductions of up to 30 percent across its store portfolio. The British retailer has offered to extend leases on some stores in return for its proposed rent cuts, The Sunday Times reported. A source told the newspaper that too many of Clarks' stores were profitable for it to be a CVA candidate. A...

28 Aug 2019

People

Clarks appoints former interim CEO as chair

Clarks has announced the appointment of former interim CEO Stella David as its new non-executive chair. David will be replacing current chairman Tom O’Neill who will be stepping down on 3 May following the conclusion of the company’s AGM. O’Neill has served on the company’s board of directors for the past 15 years. David was previously interim...

19 Apr 2019

People

Clarks appoints three non-executive directors including former Guess CEO

Clarks has announced the appointment of Peter Clark, Stephen Bolton and Victor Herrero as non-executive members of its board. Peter Clark joined the British footwear retailer’s board in November, while Stephen Bolton and Victor Herrero were appointed with effect from 1 April. Peter Clark is managing director of privately held, US-based...

3 Apr 2019

Fashion

Clarks to close last UK factory, 35 jobs affected

Clarks has confirmed plans to close its last UK factory in Street, Somerset, just two years after it was opened, with 35 jobs affected. In January, the footwear retailer announced it would be starting a 30-day consultation period after the advanced robot-assisted manufacturing factory, called Morelight, failed to meet targets. Clarks said that...

5 Mar 2019

People

Clarks names Giorgio Presca as the company's new CEO

Giorgio Presca has replaced Mike Shearwood as the new Chief Executive Officer at shoe retailer Clarks. The company said, joining in March 2019, Presca will be responsible for all operational, financial and commercial aspects of the business and will lead the Clarks strategy with the executive committee. In June last year, Shearwood stepped down...

25 Feb 2019

People

Chief supply officer steps down at Clarks

Clarks has confirmed that its chief supply officer Antony Perillo will leave the company in June, the latest in a spate of senior departures at the British footwear retailer. Commenting on the announcement in a statement, the brand said: “Clarks thanks Antony for the contribution he has made to our business in over 12 years with the company and...

24 Jan 2019

Retail

Clarks to stop manufacturing in the UK

British footwear retailer Clarks has announced that it plans to close its advanced robot-assisted manufacturing factory in Street, Somerset, less than two years after it opened. The decision was made after the factory, named “Morelight”, failed to hit targets, with the 49 staff employed at the facility now in a 30-day consultation period, the...

18 Jan 2019

People

Clarks heads of sales for UK and Ireland step down

UK footwear retailer Clarks has confirmed that its UK head of sales, Victoria Frayne, and Ireland head of sales, Mark O’Driscoll, are both leaving the company. Frayne and O’Driscoll had held their roles at Clarks since 2016 and 2005, respectively. Sophie Flinder-Price has been hired to take on the role of head of sales UK and Ireland. She has...

7 Dec 2018