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
United States of Kennedy
United States of Kennedy is a podcast about our cultural fascination with the Kennedy dynasty. Every week, hosts Lyra Smith and George Civeris go into one aspect of the Kennedy story.
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.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com