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.
In her new functions Libby Wadle will oversee J.Crew and J.Crew Factory in addition to her current leadership responsibilities at Madewell. Jan Singer, who was previously J.Crew Group's CEO, is pursuing other endeavours
In the first semester of 2020, global footwear exports have fallen almost a third (-31.1%) compared with similar period in the previous year. Do you know which categories resisted better to the impact of the pandemic?
With the restrictions of movement imposed by the dissemination of the pandemic across the globe, exports of leather footwear were particularly hit, declining month over month until April
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
The company has announced third quarter results marked by declining net sales from last year. The expansion of some online services might have driven digital business, which now accounts for 54% of total
The footwear trade show will be, once again, part of the #strongertogether project. The 5 trade fairs from the fashion system will once again be held on the same dates at single location, the Fieramilano Rho. Micam will be a 3 days event this time
Total UK consumer spending is expected to fall by 183.6 billion British pounds (14.9%) this year due to the COVID-19 according to new research from Mintel's British Lifestyles report. This equates to a drop in spending of around 6 600 British pounds per household
More than 130 Naturalizer stores in the United States and Canada will be closed by early 2021 as Caleres announces it will adopt a digital sales strategy for the shoe chain
In the first semester of 2020, global footwear exports have fallen almost a third (-31.1%) compared with similar period in the previous year, reflecting the impacts of the dissemination of the COVID-19 pandemic across the globe
Global sales of luxury goods are expected to fall 23% to 217 billion euros this year, the biggest drop in its history and the first since 2009, due to the consequences of the coronavirus pandemic, consultant Bain & Company estimates
Third quarter comparable-store sales increased by 7.7% and total sales were up by 9.0% in the same period. Notwithstanding the good performance in the last quarter, year-to-date total sales and comparable-store sales are still down
The Regional Comprehensive Economic Partnership was signed by China, Japan, South Korea, New Zealand and Australia, plus ten Southeast Asian economies, Indonesia, Thailand, Singapore, Malaysia, the Philippines, Vietnam, Burma, Cambodia, Laos and Brunei
Consumer confidence dwindled in October, reflecting less optimism about the jobs market and the US economy in the next six months amid another outbreak of COVID-19 cases, according to the Consumer Confidence Survey by Nielsen