C&J Clark International
LionRock completes Clarks takeover
Private equity firm LionRock Capital Partners has confirmed the completion of its acquisition of a controlling stake in Clarks in…
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),…
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.…
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…
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…
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…
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…
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…
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…