News
Bonmarché collapses into administration
The retailer based in West Yorkshire has collapsed into administration for the second time in a year. 1 500 jobs are at risk
Arcadia Group files for bankruptcy
More than 13 000 jobs are at risk in what is so far the biggest UK collapse in the COVID-19 era. The owner of Topshop, Topman, Miss Selfridge, Dorothy Perkins, Evans and Burton appointed administrators from Deloitte on Monday
How the pandemic impacted China's footwear trade
China, the world’s main manufacturer and exporter of footwear, was the first country to be affected by the COVID-19 pandemic. The hit on exports was first felt in the Asian country, which also started its recovery first than most others
Genesco announces appointment of interim CFO
The Nashville-based group has announced that Thomas A. George is joining the company as Senior Vice President-Finance and Interim Chief Financial Officer, effective from the 14th of December. He succeeds Melvin G. Tucker, who resigned last month
Debenhams on the verge of closing
The UK-based store chain is reportedly set to close after the latest efforts to rescue it have failed. Rough trading conditions during the pandemic were the final hit for both Debenhams and Arcadia
Stores in England can open 24 hours a day over Christmas
Retailers will be able to extend their daily opening hours from Monday to Saturday in the run up to Christmas and through January. The announcement was made by the Government of the UK
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?
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