Clarks news and archive

Vivobarefoot announces shoes made of plants

Clarks family-founded British start-up Vivobarefoot has announced it will be adding plant-shoes to its sustainable footwear offering, as part of its strategy to become 90 percent sustainable by 2020. Vivobarefoot’s vision is to make the most sustainable shoes on the planet, and the founders believe that barefoot shoe-making equates to...

ManagementFeatured

Clarks CEO Mike Shearwood exits after misconduct probe

Clarks Chief Executive Officer of two years, Mike Shearwood has left the business after the company conducted an internal investigation into complaints about his conduct, reports Bloomberg. The company began probe into the matter after receiving complaints over his behaviour. However, it was not revealed that in which areas of its 23-page Code...

Business

Clarks sees UK manufacturing as growth opportunity

The growth of British shoe brand Clarks, makers of the eponymous desert boot, is due to increasing its manufacturing in the UK. Despite posting a loss of 31.3 million pounds for the year ending January 31st, the company has reduced its products sold at discount and promotion times to focus on full price sales and categories. CEO of the footwear...

Report

Clarks appoints senior execs in Asia Pacific & Europe regions

Casual footwear brand Clarks, has strengthened its senior management with the appointment of new leaders for its Asia Pacific and Europe regional operations. The company said, while Ben Fletcher has joined Clarks as European Region Managing Director, Jack Quinlan will join in August as Asia Pacific Regional President to oversee Clarks’...

BusinessFeatured

Clarks to bring back local manufacturing via robo-assisted factory

London - The future of manufacturing is much closer, and more local than you think. Footwear retailer Clarks is set to open a UK factory and bring part of its manufacturing back home. The move sees the British retailer return to local production more than a decade after it first shifted its production abroad, as the family-held Clarks seeks to...

Report

Clarks names new CFO

Footwear retailer Clarks has named current Chief Financial Officer at Noman Foods, Paul Kenyon, as its new CFO. Kenyon is set to continue working in his role until August when he is set to join the team at Clarks. He will remain on the board as non-executive director and succeeds Clarks interim CFO Mike Coley. "My tenure at Nomad Foods has been...

Report

Clarks annual profit declines 43 percent

Shoe retailer Clarks has suffered a setback due to weak pound and Brexit impact. The company’s profit nosedived 43 percent in the year ending January 31, 2017 to 20 million pounds (25 million dollars), reports Retail Gazette. However, the company said that its sales during the year under review, rose by 8 percent to 1.7 billion pounds (2.2...

Report

Clarks taps Mike Shearwood as its new CEO

London - British footwear retailer Clarks has tapped Mike Shearwood, former Chief Executive Officer of Karen Millen as its new CEO. His appointment at the footwear retailers comes after a turbulent year, which saw Clarks sailing with a permanent leader. Both Clarks former CEO Melissa Potter, and CFO Robin Beacham, left their roles respectively...

Management|REPORT

Clarks blames challenging year for profit decline

Amid tough trading conditions, global footwear major Clarks declared that its turnover for the year to January 31, 2016 remained flat at 1.5 billion pounds (2.1 billion dollars), however pre-tax profits declined from 98.8 million pounds (139.8 million dollars) to 35 million pounds (49.5 million dollars). The company’s board continues to look for...

Retail

Clarks offspring launches new footwear emporium

London - Galahad Clark, a sixth-generation member of the Clarks shoe making dynasty that was founded 190 years ago, has launched a new footwear company called Vivobarefoot. The company, which operates as a separate business, designs 'barefoot' shoes with patented ultra-thin soles, and has launched a campaign to raise 750,000 pounds on...

Report|UPDATE

Clarks prepares to cut 170 roles over the next month

British footwear retailer Clarks is preparing to terminate a total of 170 jobs over the next month as part of its business review and global restructuring plan. The scheme, which is set to continue over the next month, has resulted in the termination of 50 jobs at the footwear retailer's head office, with an additional 120 roles expected to be...

Business|REPORT

Clarks sales and profit hit by discounting strategies and low demand

The footwear major Clarks has said that its sales and profits witnessed a sharp decline owing to discounting strategies and issues with its American business. While its annual sales declined 3.2percent to 1.49 billion pounds (2.29 billion dollars) in the last year, lower pension and interest costs led to rise in pre-tax profits to1.4 percent....