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Matalan Retail Limited

Matalan cautious as Q2 profits slump by almost a third

14 October 2020 | Michelle Russell

UK value clothing retailer Matalan has booked a decline in second-quarter earnings and issued a cautious outlook amid the reinstatement of Government restrictions due to Covid-19.... read more


Matalan in management reshuffle as CEO steps down

11 September 2020 | Beth Wright

Jason Hargreaves is to step down as CEO of UK value clothing retailer Matalan after leading the company for seven years.... read more


Matalan moves to Q1 loss as sales slump

21 July 2020 | Michelle Russell

UK value clothing retailer Matalan 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.... read more


Matalan Q3 sales slip but online props up Christmas growth

20 January 2020 | Beth Wright

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.... read more


Brands still failing to deliver on responsible viscose sourcing

20 November 2019 | Michelle Russell

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.... read more


Matalan Q1 weathers the UK retail market

8 July 2019 | Beth Wright

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. ... read more


Matalan embarks on item-level RFID rollout across 220 stores

22 January 2019 | Leonie Barrie

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.... read more


Matalan rating downgraded on profit "concerns"

5 February 2016 | Michelle Russell

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.... read more


UK holiday retail roundup

14 January 2016 | Michelle Russell and Katie Smith

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". ... read more


Matalan lowers outlook after DC challenges weigh on Q2

16 October 2015 | Katie Smith

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. ... read more


Matalan eyes FY growth despite Christmas sales drop

12 January 2015 | Katie Smith

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


UK: New Look taps Mason as non-exec chairman

17 September 2014 | Katie Smith

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


BANGLADESH: Rana Plaza Trust Fund awards $1.4m to victims

9 September 2014 | Katie Smith

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


UK: Matalan slammed again for “token” Rana Plaza donation

7 August 2014 | Richard Woodard

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.... read more


UK: Minister urged to match Rana Plaza donations

5 August 2014 | Richard Woodard

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.... read more


UK: Matalan makes payment to Rana Plaza fund

31 July 2014 | Michelle Russell

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.... read more


UK: Matalan defends its position on Bangladesh

29 July 2014 | Michelle Russell

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.... read more


UK: Creative director Sykes exits Nicole Farhi

23 July 2014 | Katie Smith

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


UK: Retailer Matalan embraces 3D product development

20 May 2014 | Leonie Barrie

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


UK: Matalan full-year profit drops as revenue slips

13 May 2014 | Katie Smith

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.... read more


UK: Sainsbury's promotes clothing boss in reshuffle

1 May 2014 | Katie Smith

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.... read more


ITALY/BANGLADESH: Benetton defends its position on Bangladesh

3 April 2014 | Michelle Russell

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.... read more


UK: North Face firm on commitment to supplier wages

2 April 2014 | Michelle Russell

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.... read more


UK: Former Mulberry exec named Nicole Farhi chief

31 March 2014 | Katie Smith

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.... read more


ASIA: Retailers highlighted for failing supply chain workers

31 March 2014 | Michelle Russell

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.... read more


BANGLADESH: Contributions call stepped up as funds fall short

26 March 2014 | Michelle Russell

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.... read more


BANGLADESH: Rana Plaza compensation to begin next month

19 March 2014 | Leonie Barrie

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.... read more


BANGLADESH: Funds fall short as Rana Plaza compensation nears

14 March 2014 | Leonie Barrie

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.... read more


UK: New Look chairman McGeorge to depart

6 March 2014 | Katie Smith

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


Spotlight on...The reality of manufacturing fashion in the UK

3 March 2014 | Katie Smith

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.... read more


Making it in the UK - Ready or not? Quote/unquote

28 February 2014 | Katie Smith

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?'... read more


UK: Nicole Farhi owner outlines growth plans

18 February 2014 | Katie Smith

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.... read more


UK: Matalan Q3 earnings drop despite sales rise

21 January 2014 | Richard Woodard

Out-of-town fashion and homeware retailer Matalan recorded a drop in third quarter earnings, despite increasing revenues in the three months to 30 November.... read more


UK: Industry conference to look at 'Made in the UK'

16 January 2014 | Leonie Barrie

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.... read more


BANGLADESH: Report criticises Rana Plaza compensation progress

24 October 2013 | Richard Woodard

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.... read more


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