British shoemaker Clarks cuts 900 jobs, seeks funding

LONDON (Reuters) - Clarks, the British shoemaker and retailer, said on Thursday it was cutting 900 jobs globally and reviewing funding options to address liquidity needs caused by the coronavirus crisis.The 195-year old company, famous for its classic suede Desert Boots, said the decision followed a review of its strategy and that the job cuts would be partially balanced by the creation of around 200 new roles.Clarks has more than 1,400 stores in 75 countries around the world and many were..