World Footwear

ecommerce

Gucci joins Alibaba's luxury e-commerce site

Dec 23, 2020 / China
One of the key brands of the Kering group's portfolio, will open two stores on Alibaba's online trading platform, in a move that underlines the importance of the Chinese market for luxury brands heavily affected by the coronavirus crisis

Live shopping: a new business model

Dec 16, 2020 / China
This format of video streaming commerce is becoming very popular, especially in China. Marketing companies want to take this digital strategy across borders, focusing on hitting the European and the US markets

Under Armour to sell The MyFitnessPal platform

Dec 15, 2020 / United States
The US-based branded athletic performance apparel, footwear and accessories, announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners

US shopping app downloads with a record of 2.8 million on Black Friday

Dec 14, 2020 / United States
According to preliminary estimates by Sensor Tower Store Intelligence, mobile shopping app installation hit a new single-day record on Black Friday, with around 2.8 million downloads, up by nearly 8% year over year

Zalando: co-CEO Rubin Ritter resigns

Dec 14, 2020 / Germany
Rubin Ritter, co-CEO of the Germany-based online fashion company since 2010, will step down next year, leaving the leadership of the company on the hands of co-CEO's Robert Gentz and David Schneider. Ritter says he aims to back his wife’s career

Caleres: sales down by 18.3%

Dec 8, 2020 / United States
The US-based footwear group has announced results for its third quarter, marked by a decline of 18.3% in net sales. Declines registered in all segments, except for the online business

UK Retail: recovery starts to dissipate

Premium ContentNov 26, 2020 / United Kingdom
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.

Nordstrom: digital sales account for 54% of total business

Nov 25, 2020 / United States
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

5th Vietnam Footwear Summit 2020 will be Held in Ho Chi Minh

Nov 18, 2020 / Vietnam
Changing supply chain of global footwear industry in the era of COVID-19 and impact of trade policies will be on focus on the Summit to be held, both online and offline, in December

China’s Singles Day: Nike reaches record sales in just 60 seconds

Nov 12, 2020 / China
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

CCC launches ship-from-store to customer door within 60 minutes

Nov 11, 2020 / Poland
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

Zalando's revenue up by 21.6%

Nov 10, 2020 / Germany
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

Alibaba and Richemont invest in Farfetch

Nov 6, 2020 / China
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

Puma’s sales and profitability rebound in the third quarter

Nov 2, 2020 / Germany
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic

Are you using any of these B2B Marketplaces for Fashion?

Premium ContentOct 27, 2020 / World Footwear Reports
With the world moving into the digital sphere at a fast rhythm more and more businesses are being made online. This is well known for Business to Consumer, but is also the case for Business to Business connections, as different parts of the supply chain get connected via B2B marketplaces
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