Clarks drafts in consultants amid store closure concerns

Clarks sign

Clarks has drafted in management consultants to conduct a review of the ailing high street business amid fear of store closures and possible job losses.

The family-owned shoe retailer has bought in consultants from McKinsey & Co as it works to restructure the business, which has 553 shops across the UK and Ireland, employing around 12,000 people.

The ailing brand has also lost its finance director Paul Kenyon, who is leaving for the Independent Vetcare chain, chaired by former WHSmith boss Kate Swann, according to The Sunday Times.

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