News
Caleres names Michael Edwards President of Famous Footwear
Michael Edwards will replace Molly Adams, who resigned her position, effective from the 20th of November onwards to pursue an opportunity outside the organization
China’s Singles Day: Nike reaches record sales in just 60 seconds
Within one minute of Alibaba’s Tmall opening for the first phase of China’s Singles’ Day shopping festival Nike’s turnover surpassed the 100 million renminbi (roughly 12.8 million euros or 15.1 million USD) mark
Footwear prices: manufacturers more pessimistic than traders
This is one of the main findings of the third edition of the Business Conditions Survey held last month. Complete report now available to download free of charge
CCC launches ship-from-store to customer door within 60 minutes
Customer needs and the threat of renewed brick-and-mortar retail closures in Poland have led the CCC Group to started testing a new service where a product ordered online would be delivered to the customer’s doorstep within 60 minutes
Ferragamo: sales down by 18.9% in the third quarter
The Italy-based luxury group announced third quarter results with sales down by 18.9%. The accumulated decline in 2020 reached 38.5%. The Asia Pacific area is confirmed as the group's top market, reaching over 42% of total revenue
Steve Madden to focus on private label business
Steve Madden anticipates its private label business with Walmart and Target will increase over the next year as mass retailers have shown strong resilience to the Covid-19 pandemic
VF to buy Supreme
The branded lifestyle apparel, footwear and accessories group VF announced a definitive merger agreement has been achieved to acquire Supreme, a privately-owned global streetwear brand from current investors, The Carlyle Group and Goode Partners
Zalando's revenue up by 21.6%
Zalando has announced revenue increasing by 21.6% in the third quarter. Sales volume was up by 29.9%. The company considered this as a quarter of exceptionally strong and profitable growth
COVID-19 to lead to a 22.2% decline in footwear consumption in 2020
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a drop in global footwear consumption of 22.2% in the current year, a figure in line with the previous edition forecast (22.5%)
Imports of footwear with a dark picture in the first semester
The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country
Capri reports revenue and earnings above expectations
The global fashion luxury group announced its financial results for the second quarter of fiscal 2021. John D. Idol, the Company’s Chairman and Chief Executive Officer, said revenue and earnings surpass the company's expectations
Europeans have around 773 euros less in 2020 due to COVID-19
The Germany-based market research company GfK has announced the results of the newly released study “GfK Purchasing Power Europe 2020”. This year, the study also includes the Corona Impact Index, which illustrates the impact of COVID-19 on European countries
Building a digital presence: what steps to consider?
Today we bring you the ultimate check list you need to bear in mind when defining the strategy to build your business or brand a meaningful and relevant digital presence. Check it out
Steve Madden: sales above expectations
The New York-based fashion name has announced financial results for the third quarter. Notwithstanding, revenue decline of 30.9% compared to similar period in 20119, Steve Madden is pleased with results above expectations
Alibaba and Richemont invest in Farfetch
Hangzhou-based e-commerce business Alibaba and Swiss-based luxury goods conglomerate Richemont SA will invest 1.1 billion US dollars (0.93 billion euros) in online luxury fashion retailer Farfetch and its new Chinese market operations
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