Clarks in talks over cash injection | News

On the other hand, Drapers understands this is 1 of a array of choices the footwear retailer is thinking about.

A offer could reportedly raise among £100m and £200m from exterior buyers, Sky News stories.

The retailer declared it would be chopping 900 work opportunities around the coming eighteen months as it enters the subsequent phase of its “Made to Last” system, which was introduced at the finish of very last 12 months.

Clarks declared very last thirty day period that it experienced drawn up strategies for the lasting closure of some of its merchants and drafted in bankers to assessment its finances. 

Clarks declined to remark.