LionRock completes Clarks takeover
Private equity firm LionRock Capital Partners has confirmed the completion of its acquisition of a controlling stake in Clarks in…
C&J Clark International
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Clarks, LionRock Capital partnership gets the green light
UK footwear chain Clarks' proposed partnership with LionRock Capital has been approved by its shareholders. In a statement this afternoon (23 December),…
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Clarks CVA gets the green light
UK footwear chain Clarks says its company voluntary arrangement (CVA) has been approved by the required majority of its unsecured creditors.…
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Clarks clinches GBP100m investment from LionRock
UK footwear chain Clarks has struck a partnership with Asian private equity firm LionRock Capital, which sees the latter take…
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Clarks starts restructuring talks with landlords?
Clarks is understood to have started discussions with landlords over the potential switch to a 'turnover rent' model as part…
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Clarks mulls 50-store closure as part of new CVA?
UK footwear chain Clarks is reportedly planning the closure of 50 stores as part of a company voluntary arrangement (CVA), a…
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LionRock Capital “in talks” for controlling stake in Clarks
UK footwear chain Clarks has selected Hong Kong-based investment firm LionRock Capital for exclusive talks to buy a controlling stake…
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Clarks to cut 900 jobs under new strategy
UK footwear firm Clarks has outlined a new strategy that will see the brand make 900 job cuts globally, and…
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Clarks hires advisors for potential restructuring?
UK footwear group C&J Clark International, which trades as Clarks, is understood to have appointed three accountancy firms to look…
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Clarks brings in advisors to help with turnaround
UK footwear group C&J Clark International, which trades as Clarks, has appointed management consultancy firm McKinsey & Co to try…
