News
Moda Made in Italy is cancelled
The Munich event scheduled for September has been cancelled. Assocalzaturifici said that the German market, of fundamental importance for the Italian footwear industry, will now be served by the new digital opportunities
Board appointment at Shoe Zone
The England-based footwear retailer Shoe Zone PLC announced it has appointed Peter Foot to the Board of Shoe Zone as Finance Director
Joint statement from AAFA, FDRA, NRF, RILA, and USFIA on supply chains and Xinjiang
A group of US-based footwear, apparel, retail and fashion industries associations have issued a statement regarding the issues around suspects of forced labour in parts of the supply chain
LVMH with 84% decline in net profit sees recovery in China
In the first half of the year, LVMH Moët Hennessy Louis Vuitton recorded revenue of 18.4 billion euros in the first half of 2020, down by 27%. Net profit was down by 84% in the period. However, the group already witness recovery in China
Future perspectives on sustainability: transparency and traceability
The fashion world has changed and in recent years clothing and footwear brands developed product lines and ranges drawing attention to the call for greater sustainability of materials or cleaner manufacturing processes. What is next on sustainability?
10 years of Portuguese Soul
In 2020 Portuguese Soul magazine celebrates one decade of spreading Portuguese creativity. This new edition is especially dedicated to people and brands that value the country abroad
PVH is splitting from the Heritage Brands division
The New-York based group is streamlining its North American operations to better align its business with the evolving North American retail landscape, which has been accelerated by the COVID-19 pandemic
Skechers with recovery on the horizon
The US-based footwear giant has announced second quarter results. Sales declined by 42.0% overall. However, Skechers is optimistic with growth in China, improvement in many markets and the jump on ecommerce
Foot Locker implements new organizational structure
The footwear giant announced a new organizational structure with several executive changes and senior management promotions implemented. The aim, according to Foot Locker, is to elevate the customer experience
Liberty Shoes expects 35%-45% drop in revenue
India-based footwear firm is expecting up to 45% decline in its revenue in the current fiscal due to COVID-19. Amid coronavirus pandemic, footfall at stores has dropped significantly as customers are avoiding public places and encouraging social distancing
US: Healthy Workplace Tax Credit to go ahead
The National Retail Federation welcomed new legislation that would give businesses a tax credit intended to help defer the cost of employee testing, PPE, cleaning and other steps needed to make workplaces safe during the coronavirus pandemic
US: major retailers requiring customers to wear face masks
As numbers of daily new cases continue high in the US, many retailers are following the practice advocated by the Centres for Disease Control and Prevention and demanding customers to wear face masks in their premises
VF Corp to open multi-brand retail store In Milan
The US-based group plans to open its first multi-brand store this fall. The location chosen was Milan (Italy). The store, inside a historic building at 11 Orefici Street, will feature collections from The North Face, Timberland and Napapijri with other VF brands
Is your store or brand ready for customers after COVID-19?
In the new normality of the post-COVID-19 the retailers' activities to promoting safety, protection and health measures for employees, customers and suppliers becomes key. Brand managers also have to think about several topics not to miss important opportunities for their businesses. Do you want to know more?
Open Your Mind campaign: initiatives in Portugal
Promoted by the European Commission, through the Executive Agency for Small and Medium-sized Enterprises and DG GROW (Directorate General for Internal Market, Industry, Entrepreneurship and SMEs), the campaign is presenting itself to young people
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