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Clarks: turnover 2014-2019

C/J Clark Limited is one of the most popular brands in the United Kingdom. Commonly known as Clarks, the homegrown shoe retailer reported a turnover of about 1.46 billion British pounds in the 2018/19 financial year, their poorest turnover performance since 2015.

Losses mount for Clarks

In 2018, Clarks had reported a 31.3 million loss (after tax) after a gradual drop in the company’s profits. In the financial year 2018/2019, this number took a further nosedive and left the retailer with a loss of about 83 million British pounds.

Footwear affected by high street apocalypse

The financial woes suffered by Clarks are often linked to an ongoing, general decline of the British high street. Clarks is one of the many high street retailers that have had to close shops due to financial structuring and/or administration. Between 2008 and 2018, footwear stores were the second largest retail category to have been affected by closures, surpassed only by clothing and sportswear stores.

Turnover of C&J Clark Ltd from financial year 2013/14 to 2018/19

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Source

Release date

November 2019

Region

United Kingdom

Survey time period

Financial year 2013/14 to financial year 2018/2019*

Supplementary notes

* Financial years refer to the 52 weeks ending on the fifth Saturday of the year (January/February). C&J Clark Limited announced that the financial year 2018/2019 contained a 53rd week to ensure the year-end date remained aligned to the weekend closest to the 31st January.

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