World Footwear

United Kingdom

Administrators appointed to liquidate Arcadia Group

Jul 16, 2021 / United Kingdom
Auditing firm Mazars has been appointed as liquidator to oversee the process. They will focus on what remains of Sir Philip Green’s collapsed Arcadia Group empire

UK retail sales jump 13.1%

Jul 14, 2021 / United Kingdom
According to the latest release by the British Retail Consortium, in the five weeks running from the 30th of May to the 3rd of July, sales increased by 13.1%

JD Sports announces directorship change

Jul 13, 2021 / United Kingdom
The UK-based company has announced that Martin Davies, Senior Independent Non-Executive Director has informed the Board of his intention to step down from the Board and as Chair of the Audit Committee with immediate effect

Gap closes its stores in the UK and Ireland

Jul 7, 2021 / United Kingdom
The American fashion group, owner of tags such as Gap, Banana Republic, Old Navy, Athleta, decided it would no longer have a physical presence in the UK and Ireland. In France and Italy, it has identified local partners who may continue to operate the brand

Dr. Martens closes the year growing

Jul 6, 2021 / United Kingdom
The iconic footwear brand Dr Martens sold 12.1 million pairs of shoes in the 12 months ending on the 21st of March 2021, an increase in volume of 14.4% compared to the previous business year

CEO Marco Gobbetti is leaving Burberry by the end of the year

Jun 29, 2021 / United Kingdom
Burberry announced that Marco Gobbetti has notified the Board of his intention to step down as Chief Executive Officer and leave the company at the end of 2021. Mr. Gobbetti is joining Ferragamo

JD Group acquires Deporvillage in Spain

Jun 28, 2021 / United Kingdom
The retailers of sports, fashion and outdoor brands, announced that Iberian Sports Retail Group SL, its existing 50.02% intermediate holding company in Spain, entered into a conditional agreement to acquire 80% of the issued shares in Deporvillage SL

UK Retail: Anticipating a new Retail Normalcy

Premium ContentJun 21, 2021 / United Kingdom
With the seasonally adjusted TCF (Textile, Clothing & Footwear) Retail Sales Index successfully resuming the 2018 baseline, a new Retail Normalcy is anticipated. Importers, on their side, have well sensed since February that retail was about to reignite, as depicted by the increase in the monthly footwear imports. As the vaccination process evolves favourably in the UK, Consumer Confidence in the country seems to be unstoppable

Pinterest expands shopping features to more countries

Jun 15, 2021 / United States
Social network Pinterest announced the expansion of their shopping attributes to Australia, Canada, France and Germany. The shopping features were available first in the US and UK

Gap to close 19 stores in the UK and Ireland

Jun 10, 2021 / United Kingdom
The San-Francisco headquartered fashion group said it has plans to close 19 stores in the UK and Ireland next month as part of a restructure process with the aim to return to growth

UK: footfall improves as restrictions ease

Jun 4, 2021 / United Kingdom
According to what has been revealed by the British Retail Consortium (BRC), in the four weeks period running from the 2nd to the 29th of May, total UK footfall decreased by 27.7% in May (Yo2Y)

JD Sports is selling Sports Unlimited Retail

Jun 4, 2021 / United Kingdom
The British sports-fashion retail company is selling Sports Unlimited Retail to Iberian Sports Retail Group, its 50.02% owned subsidiary based in Spain. The deal should amount to 14 million British pounds (roughly 16.5 million euros)

JD Sports denies exit of Peter Cowgill

Jun 3, 2021 / United Kingdom
The UK-based retailer and distributor of branded sportswear and fashionwear has issued a statement to deny the comments recently made in the media with regards to the position of Peter Cowgill, its Executive Chairman

Capri: Jenna A. Hendricks promoted to Senior Vice President Chief People Officer

Jun 3, 2021 / United Kingdom
Global fashion luxury group Capri announced that Jenna A. Hendricks will be promoted to Senior Vice President, Chief People Officer effective from the 1st of June 2021 onwards

Capri announces flat revenue

May 28, 2021 / United Kingdom
The fashion group reported a drop in sales of its Michael Kors brand - in the order of 4% in the fourth quarter. This contrasts with the success of the brands Versace and Jimmy Choo, whose sales increased by 10% and 16%
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