News
Bata Shoe appoints Sandeep Kataria as New CEO
The Bata Shoe Organisation announced the appointment of Sandeep Kataria as CEO, who has served as CEO of Bata India since 2017, and takes over the global CEO role from Alexis Nasard, who has stepped down to assume a professional opportunity outside the organisation
Live shopping: a new business model
This format of video streaming commerce is becoming very popular, especially in China. Marketing companies want to take this digital strategy across borders, focusing on hitting the European and the US markets
UK: ongoing uncertainty is making it harder for businesses to prepare
The alert comes from the British Retail Consortium (BRC), which has also urged consumers to refrain from stockpiling food before Britain leaves the EU on the 1st of January
Futurmoda postponed one month
The International fair of Leather, Components, and Machinery for Footwear and Leather Goods has announced they have rescheduled the next edition of the fair. Futurmoda is now scheduled for the 7th and the 8th of April
Under Armour to sell The MyFitnessPal platform
The US-based branded athletic performance apparel, footwear and accessories, announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners
Digital sales up by 27% at Macy's
The American department store chain reported digital sales growing by 27% in the third quarter. and comparable sales down by 21.0%, as a result of continued stores recovery and continued growth of digital business
DiaSHOE project: improving the quality of life of people with diabetes
The European Footwear Confederation and its partners from Czechia, Germany, Poland, Portugal, Spain and Romania kicked off the new Erasmus+ project DiaSHOE, intended to support footwear manufacturers, patients, healthcare workers, and shoe-store clerks to tackle the issue through prevention and skills development
Jovan receives double certification
Portuguese company Jovan has just been double certified by the SGQA - Quality and Environment Management system (ISO 9001 and ISO 14001). Quality and the environment are top priority in this company dedicated to manufacturing footwear for adults and children
Zalando: co-CEO Rubin Ritter resigns
Rubin Ritter, co-CEO of the Germany-based online fashion company since 2010, will step down next year, leaving the leadership of the company on the hands of co-CEO's Robert Gentz and David Schneider. Ritter says he aims to back his wife’s career
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
Caleres declares quarterly dividend
This dividend will be the 391st consecutive quarterly dividend paid by the company
Sales of clothing and footwear down by almost 30% in Mexico
Data is from Servytur's Center for Economic and Trade Studies (CEECS) and highlights a massive hit of the pandemic in the clothing and footwear sales in Mexico. El Heraldo reports
JCPenney’s Retail and Operating Assets to exit Chapter 11
The US Bankruptcy Court for the Southern District of Texas has confirmed the Company’s Plan of Reorganization to create separate property holding companies
Genesco: sales down but better than expected
Net sales for the third quarter of fiscal 2021 decreased by 11%. Genesco says this sales results exceeded expectations and translate the return of the company to profitability
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