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Farfetch publishes the 2020 ESG report
It is the first report published since the announcement of Farfetch’s 2030 sustainability goals, built on its Positively Farfetch strategy. The document highlights the environmental, social and governance initiatives taken so far, and its progress so far
Athleta joins Zalando
The Gap-owned brand of premium women’s performance and lifestyle wear has recently joined the German e-commerce platform Zalando. Athleta’s goal is to intensify its presence in Europe
Getting ready for the 2021 Global Footwear Sustainability Summit
The new edition of the event will be held virtually from the 20th to the 22nd of October, between 8h30am and 1pm (CET - Central European Time). Workshops & Mingling sessions will also be part of the event
New appointments for JD.com and JD Retail
The online retailer has announced Mr. Lei Xu as President of JD.com, Mr. Lijun Xin as CEO of JD Retail and Mr. Enlin Jin as CEO of JD Health International Inc.
CCC Group invests in the Xpress Delivery company
The Polish-based footwear group will become a minority shareholder in Xpress Delivery, a company specializing in express delivery of parcels
Germany Retail: Better confidence with cautious retailers
The confidence background for retail in Germany is getting better, being the improvement noticeable for both consumers and retailers. Notwithstanding, the seasonally adjusted Textile, Clothing and Footwear (TCF) Retail Index has been rather volatile since December, with new decline registered in April, closing about the same 40 percentage points (pp) below the baseline as one year before. Online retail seems to be a winner, once again, and a recent study by McKinsey confirms that the online purchase during COVID-19 for footwear was 61% with a positive net intent of +26 pp to continue to do so after the pandemic
Australia: retail records steady rise
According to the Australian Bureau of Statistics, retail sales in the country in May were up by 0.4%. This updates the 0.1% rise from the Preliminary Retail Trade release and represents an increase of 7.7% compared with May 2020
Spain Retail: are consumers curing their entrenched pessimism?
As the new pandemic wave seems to be fading away in Spain, indicators are improving. In the last two months with data available (March and April) Footwear Imports and the Textile, Clothing and Footwear (TCF) Retail Index performed much better than in 2020. Adding to list of good news is the consumers and retailers' confidence at their maximum scores since March 2020. With the online retail being at its maximum as well, the question now is whether omnichannel strategies from physical operators will be strong enough?
Ireland: retail sales volumes up by 44%
Retail sales increased by 1.8% in May 2021 when compared to April 2021 on a seasonally adjusted basis. On an annual basis, retail volumes were 44.0% higher than in May 2020. The retail sales figure for May 2021 was 6.8% higher when compared to two years earlier
Nike is the most resold fashion brand in the world
According to a new study conducted by Energy switching site SaveOnEnergy, Nike leads the rank of world’s most resold fashion brands. The site surveyed millions of listings across online resale platforms like eBay, Depop, ASOS Marketplace, Etsy and Vestiaire Collective
How is COVID-19 impacting footwear retail in different countries?
With the world fast approaching 180 million cases of infected people and with vaccination now in place in several countries, we bring a summary of our latest Flash Reports focused on some key markets
Micam to return to physical format in September
After the Government has announced the easing of the restrictions in place and as physical trade fair events are again allowed in Italy, Micam has announced the dates for its next edition. The footwear industry will gather in Milan from the 19th to the 21st of September 2021
Zalando upgrades its outlook for fiscal 2021
Following exceptionally strong and profitable growth in the first quarter, continued elevated growth levels in the second quarter, and a stable outlook for the second half of the year, Zalando is upgrading its outlook for the current fiscal year
US Retail: Will retail go back to the trend?
Retail Sales in shoe stores started the year with a decreasing trend, putting an end in some recovery registered in the last months of 2020, especially when the stimulus checks started reaching the households. E-commerce is on an upward cycle, however, is not clear if the net result will be a good one, as its growth is taking place at the expenses of brick and mortar. Once again, as in other geographies already analysed in the past weeks, Consumer Confidence seems to be on a good track, translating the feeling that mass vaccination will knock COVID-19 soon. The question is: will retail go back to the trend?-
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