In today's episode our in-house fianancial professional talks about Clarks Shoes the 195 year old family owned business which announced its sale to a HK based private equity house. They have a chain of 320 high street stores and have had a tough time recently with the Lockdowns and the move to online retail. Whilst restructures have reduced costs, they are not enough for it to remain viable without investment.
Like so many similar companies Clarks just did not embrace change fast enough and now they have fallen into foreign hands. There is however huge international potential for their shoes and of course the potential for online growth, both of which their new owners recognise.
To learn more about Reporting Accounts and to find information and insights into Clarks shoes and more then 4.8 million UK companies visit our website at https://www.reportingaccounts.com
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.