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Search Tag: Clarks

Clarks’ Indian departure — what went wrong?
A report from Yahoo Finance on August 27, 2024, reveals that Clarks, the iconic British footwear brand, is closing its stores in India due to "differences over terms" with its local partner, Reliance Retail.This unexpected development underscores the critical importance of aligning with local partners and effectively m ...more
Ailing Clarks awaits approval for takeover by Hong Kong investor
Press releaseLionRock Capital to acquire majority stake in Clarks. Clark family to remain a key shareholder in the business. Partnership will secure a sustainable future for the 195-year-old world-renowned British shoe brand. The investment from LionRock Capital is conditional on shareholder approval and on a Company Voluntary A ...more

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