Clarks, one of the UK's oldest shoe chains, has been rescued in a £100m investment deal. The money is being invested by the Hong Kong-based private equity firm LionRock Capital. As part of the ...

Shoe company Clarks plans to close a distribution centre with 53 jobs at risk. It has had a presence in Kendal, Cumbria, since 1981 after taking over 19th Century company K Shoes. Operations are ...