Matalan Retail Limited

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Matalan moves to Q1 loss as sales slump Michelle Russell | 21 Jul 20

UK value clothing retailer has moved to a loss in its first-quarter and booked a slump in sales as the closure of its store estate due to Covid-19 hit results.

Matalan Q3 sales slip but online props up Christmas growth Beth Wright | 20 Jan 20

UK value clothing retailer Matalan has posted a drop in third-quarter sales as CEO Jason Hargreaves says consumer confidence and spending remained depressed throughout the autumn/winter season.

Brands still failing to deliver on responsible viscose sourcing Michelle Russell | 20 Nov 19

A new report has found that while the issue of responsible viscose production is now firmly on the agenda of the fashion industry, there are still brands and retailers failing to deliver on responsible sourcing.

Matalan Q1 weathers the UK retail market Beth Wright | 8 Jul 19

UK value clothing retailer Matalan says it has started its financial year with a "solid" set of results, but warned the effects of earlier discounting may have a greater impact in the second quarter. 

Matalan embarks on item-level RFID rollout across 220 stores Leonie Barrie | 22 Jan 19

Value fashion and homeware retailer Matalan is rolling out item-level RFID across all its 220 stores in the UK to enhance inventory accuracy and customer service.

Matalan rating downgraded on profit "concerns" Michelle Russell | 5 Feb 16

Value fashion and homewares retailer Matalan has had its ratings outlook downgraded by Moody's over concerns about the company's ability to reverse the decline in profitability in its current fiscal.

UK holiday retail roundup Michelle Russell and Katie Smith | 14 Jan 16

With the holiday season done and dusted, UK apparel and footwear retailers are counting the cost. In the most recent Christmas trading reports, JD Sports, SuperGroup, Fat Face and Debenhams saw sales rise over the all-important trading period, while Tesco and Matalan recorded a decline in revenue. Sainsbury's posted an increase in clothing sales, Shop Direct delivered "record breaking" results, and Ted Baker enjoyed a "good retail performance". 

Matalan lowers outlook after DC challenges weigh on Q2 Katie Smith | 16 Oct 15

Value fashion and homewares retailer Matalan has cut its full-year earnings outlook, after its second quarter performance was weighed down by the “severe financial impact” of challenges at is new distribution centre. 

Matalan eyes FY growth despite Christmas sales drop Katie Smith | 12 Jan 15

Value fashion and homewares retailer Matalan has said it expects to record full-year profit growth, despite posting a drop in Christmas sales.

UK: New Look taps Mason as non-exec chairman Katie Smith | 17 Sep 14

UK fashion retailer New Look has tapped former Matalan and Levi Strauss executive Paul Mason as its new non-executive chairman.

BANGLADESH: Rana Plaza Trust Fund awards $1.4m to victims Katie Smith | 9 Sep 14

The International Labour Organization-backed fund for victims of the Rana Plaza tragedy has distributed BDT108m (US$1.4m) to 700 cases.

UK: Matalan slammed again for “token” Rana Plaza donation Richard Woodard | 7 Aug 14

Campaigners have renewed their condemnation of cut-price clothing retailer Matalan, claiming that the company has made only a “token” contribution to the Rana Plaza Donors Trust Fund.

UK: Minister urged to match Rana Plaza donations Richard Woodard | 5 Aug 14

Union confederation the TUC is urging the UK government to match-fund corporate donations to the Rana Plaza Donors Trust Fund, and to pressure the Bangladesh government to increase and openly declare its own contribution.

UK: Matalan makes payment to Rana Plaza fund Michelle Russell | 31 Jul 14

UK apparel retailer Matalan has made a contribution to the Rana Plaza Compensation Trust Fund but insists it has never been ordered by any organisation to pay compensation.

UK: Matalan defends its position on Bangladesh Michelle Russell | 29 Jul 14

UK apparel retailer Matalan has moved to defend its position following accusations it has violated terms of the Accord on Fire and Building Safety in Bangladesh, and is dragging its feet over paying into the compensation fund.

UK: Creative director Sykes exits Nicole Farhi Katie Smith | 23 Jul 14

Nicole Farhi's creative director, Joanna Sykes, is leaving the upmarket fashion brand after less than two years in the role.

UK: Retailer Matalan embraces 3D product development Leonie Barrie | 20 May 14

Value fashion retailer Matalan is implementing Lectra's Modaris 3D product development solution to enhance the fit, style and quality of its garments.

UK: Matalan full-year profit drops as revenue slips Katie Smith | 13 May 14

Value fashion and homewares retailer Matalan has reported a drop in full-year profit, but stressed that earnings have improved for the start of the new fiscal year.

UK: Sainsbury's promotes clothing boss in reshuffle Katie Smith | 1 May 14

Sainsbury's clothing boss James Brown has been promoted to director of all non-food trading, as part of a reshuffle to prepare for the departure of CEO Justin King.

ITALY/BANGLADESH: Benetton defends its position on Bangladesh Michelle Russell | 3 Apr 14

Italian fashion firm Benetton has moved to defend its position on Bangladesh following accusations it has violated terms of the Accord and is dragging its feet over paying into the compensation fund.

UK: North Face firm on commitment to supplier wages Michelle Russell | 2 Apr 14

The North Face says it remains committed to ensuring its suppliers meet the group's ethical standards despite a report accusing the outdoor wear brand of failing workers by not paying a living wage.

ASIA: Retailers highlighted for failing supply chain workers Michelle Russell | 31 Mar 14

European retailers including Debenhams, Matalan and North Face are failing workers in their supply chain by not paying a living wage, according to a new brand survey.

UK: Former Mulberry exec named Nicole Farhi chief Katie Smith | 31 Mar 14

Former Pringle, Mulberry and Tanner Krolle executive, Martin Mason, has been named chief executive of upmarket British fashion brand Nicole Farhi, with effect from 1 April.

BANGLADESH: Contributions call stepped up as funds fall short Michelle Russell | 26 Mar 14

Campaigners are stepping up their calls for brands to pay into the Rana Plaza compensation fund after it was revealed to just-style that less than 20% of the amount required to make payments to all workers has so far been received.

BANGLADESH: Rana Plaza compensation to begin next month Leonie Barrie | 19 Mar 14

The committee set up to pay compensation to the victims of the Rana Plaza factory collapse aims to distribute US$2m to around 3,600 workers and families before the one-year anniversary of the tragedy on 24 April.

BANGLADESH: Funds fall short as Rana Plaza compensation nears Leonie Barrie | 14 Mar 14

Compensation payments to victims of the Rana Plaza factory collapse are due to start next month - but campaigners admit funds still fall far short of the $40m needed to make payments to all workers.

UK: New Look chairman McGeorge to depart Katie Smith | 6 Mar 14

New Look non-executive chairman Alistair McGeorge is to step down after three years at the value fashion retailer.

Spotlight on...The reality of manufacturing fashion in the UK Katie Smith | 3 Mar 14

The idea of bringing mass-market garment production back to the UK is finally gaining momentum among manufacturers and retailers. But according to industry experts speaking at last week's ASBCI conference 'Making it in the UK - Ready or not?', there are still challenges to overcome if the 'Made in Britain' movement is to be successful once again. Katie Smith reports.

Making it in the UK - Ready or not? Quote/unquote Katie Smith | 28 Feb 14

Industry experts this week assembled to share their views on the reality of manufacturing textiles and apparel in Britain. Here is a roundup of some of the comments made at the the ASBCI conference 'Making it in the UK - Ready or not?'

UK: Nicole Farhi owner outlines growth plans Katie Smith | 18 Feb 14

The owner of upmarket fashion brand Nicole Farhi is looking to hire a global CEO and marketing director as part of wider plans to drive growth.




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