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Clarks shoes goes to China.

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Manage episode 286789024 series 2857298
Innhold levert av Adrian. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Adrian eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In today's episode our in-house fianancial professional talks about Clarks Shoes the 195 year old family owned business which announced its sale to a HK based private equity house. They have a chain of 320 high street stores and have had a tough time recently with the Lockdowns and the move to online retail. Whilst restructures have reduced costs, they are not enough for it to remain viable without investment.
Like so many similar companies Clarks just did not embrace change fast enough and now they have fallen into foreign hands. There is however huge international potential for their shoes and of course the potential for online growth, both of which their new owners recognise.

To learn more about Reporting Accounts and to find information and insights into Clarks shoes and more then 4.8 million UK companies visit our website at https://www.reportingaccounts.com

  continue reading

48 episoder

Artwork
iconDel
 
Manage episode 286789024 series 2857298
Innhold levert av Adrian. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Adrian eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In today's episode our in-house fianancial professional talks about Clarks Shoes the 195 year old family owned business which announced its sale to a HK based private equity house. They have a chain of 320 high street stores and have had a tough time recently with the Lockdowns and the move to online retail. Whilst restructures have reduced costs, they are not enough for it to remain viable without investment.
Like so many similar companies Clarks just did not embrace change fast enough and now they have fallen into foreign hands. There is however huge international potential for their shoes and of course the potential for online growth, both of which their new owners recognise.

To learn more about Reporting Accounts and to find information and insights into Clarks shoes and more then 4.8 million UK companies visit our website at https://www.reportingaccounts.com

  continue reading

48 episoder

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