News
Alpargatas to acquire Ioasys
Alpargatas informed the market about the signature of a Memorandum of Understanding with binding effect, with the partners of Ioasys for the acquisition of 100% of its capital
Pandemic has changed consumer habits
London-based data and analysis company YouGov surveyed more than 19.000 consumers in 17 markets worldwide to find out about their shopping behaviours. The main findings were revealed in their latest Fast-Moving Consumer Goods (FMCG) Report 2021
JD Sports with changes at its Board
The UK-based retailer of sports, fashion and outdoor brands, today announced that Andy Rubin has stepped down from the Board as a Non-Executive Director, with effect from the 6th of May 2021
Vans sets sustainability targets for 2030
Vans, a brand of the portfolio of American group VF Corp., has announced a range of sustainability goals which are set to be achieved by 2030
Asics is aiming at reaching a small footprint
After launching the Sunrise Reborn Pack, a new running shoe made from recycled clothing collected in Japan, Asics announced its Earth Day Pack as the brand’s most planet-friendly cross-category collection to date having been created using a circular manufacturing approach
Prada: improvement in retail sales in the second half of 2020
The luxury group has reported progressive improvement in retail sales fuelled by growth in local consumption in the second half of 2020 (all geographies). December Retail trend were above 2019 level, despite a second wave of lockdown, particularly in Europe. Prada also noted a sharp acceleration in online sales
Kristin Harrer is Vans new Global Chief Marketing Officer
As CMO, Kristin Harrer will lead the company’s global marketing and creative teams as Vans continues its brand purpose of empowering creative self-expression in youth culture across action sports, art, music and street culture. The words are from the brand
Zalando launches pre-owned in 7 new markets
After the launch in October 2020 in six European countries, the ecommerce giant has now fuelled the internationalization process of its “Pre-owned” business, by making it available in seven new markets
Pakistan footwear exports with decline of 5.15%
During the first nine months of the current fiscal year, Pakistan exported 13.29 million pairs of footwear, resulting in exports revenue of 98.98 million US dollars. This translates in an increase of 14.97% in volume and a decline of 5.15% in value
Germany Retail: After some successful months, retail took a massive hit by the end of 2020
After the initial hit back in the first months of 2020, the impact of the pandemic in German retail sales seemed to be manageable for most of the year. However, in the last two months of 2020 the plot of the story changed, and with strength. As in other geographies, the bad news for the offline channels has been accompanied by good news for the online. Will this be enough? Most people believe it will not. The good news seems to come from the confidence indicators: consumer pessimism seems to be fading away. And retailers seem to follow. Will confidence beat COVID-19?
Guillaume Motte appointed Deputy CEO of LVMH
LVMH is strengthening the management of its Fashion Group division, which gathers brands such as Celine, Givenchy, Loewe, Emilio Pucci, Kenzo, Marc Jacobs and Patou. Executive Director Sidney Toledano will now have the support of Guillaume Motte
Supermarket chain Asda to start selling second-hand clothes
George at Asda has announced it will be launching a new second-hand vintage fashion range in its stores, giving a new lease of life to pre-worn garments
Steve Madden: revenue up by 0.5%
The New York-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced financial results for the first quarter ended on the 31st of March 2021. Revenue increased by 0.5%
The Netherlands: retail turnover up by 6%
According to the Statistics Netherlands (CBS), the Dutch retail sector recorded 5.9% year-on-year turnover growth in March 2021. Turnover in the non-food sector was up slightly, while the food sector suffered turnover losses
The return of the fashion weeks and Pitti Uomo
Following the decision of the Italian government to authorize international events and fashion shows in physical format, the Italian fashion authorities confirmed their upcoming editions. London, Milan and Paris fashion weeks return in June, as does the physical edition of Pitti Uomo
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