Matalan Retail Limited

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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.


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.


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.


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: Industry conference to look at 'Made in the UK' Leonie Barrie | 16 Jan 14

The reality of manufacturing fashion in Britain is the focus of a new industry conference set to take place at the end of next month.


BANGLADESH: Report criticises Rana Plaza compensation progress Richard Woodard | 24 Oct 13

Not enough progress has been made on delivering compensation to families and workers affected by the Rana Plaza building collapse, according to a new report from the Clean Clothes Campaign and the International Labour Rights Forum.


UK: Matalan issues full-year profit warning Katie Smith | 14 Oct 13

UK fashion and homewares retailer Matalan has issued a full-year profit warning, after warmer weather in September tempered early autumn sales.


BANGLADESH: Factory compensation talks fail to reach a deal Petah Marian | 13 Sep 13

Eleven brands and retailers that sourced from the Tazreen Fashion and Rana Plaza factories in Bangladesh have failed to agree compensation payments for victims and survivors, despite taking part in high-level meetings this week.


UK: Advanced Supply Chain invests in garment finishing Katie Smith | 9 Sep 13

UK logistics firm and one of the country's largest garment processors, Advanced Supply Chain (ASC), has invested GBP300,000 (US$470,969) in new finishing facilities at its Halifax site to increase capacity and meet growing demand.


UK: Nicole Farhi sold to Maxine Hargreaves-Adams Katie Smith | 22 Jul 13

Upmarket UK fashion retailer Nicole Farhi has been bought out of administration by Maxine Hargreaves-Adams, the daughter of Matalan founder John Hargreaves.


UK: Jason Hargreaves takes helm at Matalan Katie Smith | 15 Jul 13

Jason Hargreaves, the son of Matalan founder John Hargreaves, has been appointed managing director of the UK fashion and homewares retailer following the departure of Darren Blackhurst.


UK: Matalan remains cautious despite FY earnings growth Katie Smith | 13 Jun 13

UK discount fashion and homewares retailer Matalan remains cautious in its outlook despite booking a 10.2% increase in full-year earnings.


BANGLADESH: Activists put compensation costs at EUR54m Leonie Barrie | 24 May 13

Labour rights groups estimate that more than EUR54m (US$71m) in long-term compensation payments are due to victims of the Rana Plaza factory complex collapse in Bangladesh last month.

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