News
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
Dr. Martens could launch IPO soon
The British-based footwear brand known for its iconic boots has reportedly appointed Goldman Sachs and Morgan Stanley to lead its initial public offering (IPO)
By the Book: more than a backpack, a concept
An idea materialized in a piece and one clear goal: to make a difference by giving meaning to an object. And in this way, By the Book was born, a new brand of accessories that promises to make a difference in the market
The impact of the pandemic in footwear imports
International footwear trade was heavily impacted by the outbreak of the COVID-19 pandemic and its subsequent dissemination across the globe. Check the impact on the main footwear importers
UK Retail: recovery starts to dissipate
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.
J.Crew Group appoints Libby Wadle as Chief Executive Officer
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
Which footwear categories resisted better to the hit of COVID-19?
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?
Leather footwear particularly hit by COVID-19
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
Dick's Sporting Goods announces planned leadership succession
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
Nordstrom: digital sales account for 54% of total business
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
Next edition of Micam announced for March 2021
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
2020: UK consumer spending to fall by nearly 200 billion British pounds
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
Caleres to close 133 Naturalizer stores in US and Canada
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
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