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Farfetch sets 10-year sustainability goals
The online fashion retailer has announced a set of sustainability goals for the next ten years divided in four main areas, ranging from being climate positive to promoting conscious inclusion
US shopping app downloads with a record of 2.8 million on Black Friday
According to preliminary estimates by Sensor Tower Store Intelligence, mobile shopping app installation hit a new single-day record on Black Friday, with around 2.8 million downloads, up by nearly 8% year over year
Germany Retail: The shoes must go on! But COVID-19 is still not off the stage
One of the key footwear players took a massive hit with the dissemination of the pandemic inside its borders. During the first COVID-19 wave, footwear retail almost collapsed in Germany, but the recovery was faster than what was initially expected, and September was marked by optimism. However, a partial lockdown in the Autumn and not very good perspectives for Christmas are anticipating bad news for Germanic retailers, once again, and even before a full recovery has been achieved
France Retail: So far, back in business, but for how long?
After a lost spring, a season heavily impacted by the COVID-19 crisis, the French retail market reacted well, and summer sales brought a good mood to the business. However, a second wave hitting the country after the summer led to a November with closed stores (non-essential stores were not open for over a month). The enthusiasm of the reopening on the 28th of November led crowds to queue for visiting some stores. However, it is not clear if this will be enough to ensure an end of the year out of the red.
UK Retail: recovery starts to dissipate
The summer brought a breath of fresh air into the UK footwear market after the COVID-19 hit. After the collapse caused by the first wave of the pandemic, Textile, Clothing & Footwear (TCF) Retail Sales have been recovering from April through September. However, the second wave striking in October led TCF retail sales to the downside, closing now 18 pp in the red.
Dick's Sporting Goods announces planned leadership succession
The Pittsburgh-headquartered sporting goods retailer announced that Edward W. Stack, Chairman and Chief Executive Officer, will assume the role of Executive Chairman and continue as Chief Merchant, from the 1st of February onwards
China’s Singles Day: Nike reaches record sales in just 60 seconds
Within one minute of Alibaba’s Tmall opening for the first phase of China’s Singles’ Day shopping festival Nike’s turnover surpassed the 100 million renminbi (roughly 12.8 million euros or 15.1 million USD) mark
CCC launches ship-from-store to customer door within 60 minutes
Customer needs and the threat of renewed brick-and-mortar retail closures in Poland have led the CCC Group to started testing a new service where a product ordered online would be delivered to the customer’s doorstep within 60 minutes
Building a digital presence: what steps to consider?
Today we bring you the ultimate check list you need to bear in mind when defining the strategy to build your business or brand a meaningful and relevant digital presence. Check it out
Next Riva live talk is focusing on the 2022 fashion market
“The 2022 fashion market, shifts & strategies”: a reflection on the fashion market for the last of the #playfashion live talks
Puma’s sales and profitability rebound in the third quarter
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic
Are you using any of these B2B Marketplaces for Fashion?
With the world moving into the digital sphere at a fast rhythm more and more businesses are being made online. This is well known for Business to Consumer, but is also the case for Business to Business connections, as different parts of the supply chain get connected via B2B marketplaces
Free shipping will make a difference this holiday
According to NPD's insights, free shipping was identified, for the first time, as the number one factor influencing where consumers decide to shop this holiday in the US. A finding in line with consumers increasing use of online shopping due to the COVID-19 pandemic
Business to Business Marketplaces for Fashion
The role of digital in our lives has increased significantly in the last few years and COVID-19 made us all focus attentions to this arena to continue with meetings and businesses while restrictions and limitations to movements were in place. In this scenario, do you know what B2B marketplaces are? Do you understand their importance for the fashion industry?
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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