News
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.
Expo Riva Schuh: digital edition in January
From the 16th to 19th of January 2021 Expo Riva Schuh and Gardabags will be back with a one-off edition taking advantage of the new dynamics and new digital possibilities. This is the solution found to overcome the difficulty of organising physical events
Pitti gathers its events and moves them to February
Uomo, Bimbo and Filati to take place at the same dates in Florence. The Pitti events are now on the agenda to take place between the 21st and the 23rd February 2021
Paris confirms shows in January
The Fédération de la Haute Couture et de la Mode (FHCM) announced the dates for the next seasons of menswear and haute couture for January 2021, confirming that they will take place at the beginning of next year
Longchamp President Philippe Cassegrain dies
The creator of the iconic Le Pliage bag, Longchamp's historic President, was 83 years old and did not resist to complications related to COVID-19
Caleres names Jay Schmidt President
The St. Louis-based footwear group announced several transformational changes to its leadership structure with the aim to align with its strategic direction, while accelerating its growth initiatives
Bonmarché collapses into administration
The retailer based in West Yorkshire has collapsed into administration for the second time in a year. 1 500 jobs are at risk
Arcadia Group files for bankruptcy
More than 13 000 jobs are at risk in what is so far the biggest UK collapse in the COVID-19 era. The owner of Topshop, Topman, Miss Selfridge, Dorothy Perkins, Evans and Burton appointed administrators from Deloitte on Monday
How the pandemic impacted China's footwear trade
China, the world’s main manufacturer and exporter of footwear, was the first country to be affected by the COVID-19 pandemic. The hit on exports was first felt in the Asian country, which also started its recovery first than most others
Genesco announces appointment of interim CFO
The Nashville-based group has announced that Thomas A. George is joining the company as Senior Vice President-Finance and Interim Chief Financial Officer, effective from the 14th of December. He succeeds Melvin G. Tucker, who resigned last month
Debenhams on the verge of closing
The UK-based store chain is reportedly set to close after the latest efforts to rescue it have failed. Rough trading conditions during the pandemic were the final hit for both Debenhams and Arcadia
Stores in England can open 24 hours a day over Christmas
Retailers will be able to extend their daily opening hours from Monday to Saturday in the run up to Christmas and through January. The announcement was made by the Government of the UK
How COVID-19 affected the 10 largest footwear exporters
After analysing the impact in the main footwear importers, today we focus on the influence the pandemic and subsequent restrictions of movements and lockdowns had on the main footwear exporters in the first half of the current year
LVMH names Chris de Lapuente new CEO of Selective Retailing
The French-based luxury giant has named Chris de Lapuente as the new Chairman and CEO of LVMH's division of Selective Retailing, effective from January onwards
Arcadia declines emergency loan offer from Frasers Group
The owner of several high street retailers, Arcadia, have declined a 50 million British pounds (55.8 million euros) emergency loan offer from Mike Ashley’s Frasers Group, the retail group formally known as Sports Direct
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