World Footwear

United Kingdom

UK: nearly half of businesses affected by price increases

Jun 9, 2022 / United Kingdom
Almost half of businesses reported an increase in the prices of materials, goods, or services bought and sold in April. Nearly a third expects to raise the prices of goods and services this month

UK Retail: retail prospects for the next months lean to the downside

Premium ContentJun 8, 2022 / United Kingdom
In the first quarter of 2022, TCF (Textile, Clothing & Footwear) Retail Sales Index returned to pre-pandemic levels, showing that it is no longer sensitive to COVID-19. However, its positive behaviour is somewhat puzzling: consumer pessimism continues to plunge, most likely due to the rising inflation, which hit a record 7% in March, placing pressure on manufacturers’ costs. In addition, it is yet early to quantify the impact of Russia’s invasion of Ukraine on European retail markets

Capri Holdings supports creation of the Versace Foundation

Jun 7, 2022 / United Kingdom
The company has guaranteed 10 million US dollars for the new foundation. The aim of the initiative is to support equality, wellness and safety for the LGBTQIA+ community

Vivobarefoot partners with kids wear rental service Bundlee

Jun 7, 2022 / United Kingdom
The sustainable footwear brand established an exclusive partnership with Bundlee, a UK based-rental platform for children’s clothing, which is for the first time expanding into footwear

Capri with revenue and earnings increase

Jun 3, 2022 / United Kingdom
The luxury fashion group reported that revenue and earnings for the full year of 2022 exceeded expectations. Total revenue amounted to 5.65 billion US dollars

Dr. Martens posts strong fiscal 2022

Jun 2, 2022 / United Kingdom
The British footwear brand announced that it sold a record number of pairs (14.1 million) in fiscal 2022, which was translated into revenue growth of 18%, as compared to the prior fiscal year

JD Sports Chairman steps down

May 31, 2022 / United Kingdom
The UK-based retailer has announced that the Executive Chairman Peter Cowgill, who has been leading the company since 2004, will stand down effective immediately

Farfetch announces first quarter results

May 27, 2022 / United Kingdom
The luxury e-commerce platform posted revenue and GMV growth in the first quarter of 2022 despite COVID-19 related restrictions in China and the ceasing of operations in Russia

Clarks ventures into the metaverse

May 18, 2022 / United Kingdom
The British label has launched the Cicaverse immersive experience on Roblox to celebrate the children’s unisex sneaker style, Cica, in partnership with the metaverse development studio Melon

Capri to donate products to aid refugees of the war in Ukraine

Apr 6, 2022 / United Kingdom
The luxury group has announced that it will donate over 1 million euros in essential clothing from Versace, Jimmy Choo and Michael Kors to aid those displaced by the war in Ukraine

Farfetch invests up to 200 million US dollars in Neiman Marcus

Apr 6, 2022 / United Kingdom
The luxury e-commerce platform has announced a global strategic partnership with the US-based omnichannel luxury retailer Neiman Marcus Group (NMG)

Dr. Martens names new Global Creative Director

Apr 5, 2022 / United Kingdom
The position will be held by Darren McKoy, known as DMac, who served before as Global Category Product Director. He stated that he will continue honouring the brand’s legacy

Burberry committed to being the best place to work for women

Mar 9, 2022 / United Kingdom
While committing to becoming the best place to work for women, the luxury group announced its support to the National Literacy Trust and The Prince’s Trust women supporting initiatives

Farfetch announces first year of adjusted EBITDA profitability

Mar 1, 2022 / United Kingdom
The luxury e-commerce platform has reported a record Gross Merchandise Value of 4.2 billion US dollars in 2021. Adjusted Ebitda margin rose to a positive 0.1%

BCC emphasizes difficulties associated with the EU Trade deal

Feb 25, 2022 / United Kingdom
A report from the British Chambers of Commerce shows that 71% of UK exporters think that the EU trade deal is not enabling them to grow or raise sales; it has increased costs, paperwork and delays
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