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Clarks’ losses more than double

Sales for the British footwear manufacturer and retailer declined 4.6% to £1.47 billion (US$1.89 billion) for the 52 weeks ending February 2, 2019, with losses more than doubling from £31.3 million (US$40.26 million) to £82.9 million (US$106.65 million). 


Further losses for Cambridge Satchel Company

The UK based manufacturer and retailer of iconic leather satchel bags has recorded a loss of £1.4 million (US$1.78 million) for the year ended June 30, 2019, representing a fourth consecutive year of losses.