World Footwear

News

VF creates new position of President Greater China

Jul 3, 2020 / China
With a specific focus on advancing its stated strategy of growing its business in China, VF has created the new position of President, Greater China. VF will announce the leader appointed to this position later this summer

Deckers Brands appoints Victor Luis to its Board of Directors

Jul 3, 2020 / United States
US-based footwear, apparel and accessories group has appointed Victor Luis, former CEO of Tapestry, to its Board of Directors. Coinciding with this appointment, Deckers also announced that James Quinn has resigned from the Board

How to choose the right influencer?

The World Footwear recently launched the Study "Influence marketing as a strategy" presenting all the bits and pieces around the importance of digital influence in the current business’ environment

Retail trade in Latvia down 0.6% in May

Jul 2, 2020 / Latvia
Compared to May 2019, total retail trade turnover reduced by 0.6 % in May 2020. Turnover of retail trade in food products grew by 1.6 %. Retail sale of clothing, footwear and leather goods with one of the most significant turnover drops

New appointment to Richemont Senior Executive Committee

Jul 1, 2020 / France
Philippe Fortunato has been nominated to head the fashion and accessories division of the luxury group, which includes brands such as Chloé, Dunhill or Montblanc, amongst others

ILM: September edition confirmed

Jul 1, 2020 / Germany
Germany-held leather goods trade fair will take place, as initially scheduled, from the 5th to the 7th of September in Offenbach

US: spending gets more personal

Jul 1, 2020 / United States
The importance of enhancing a homebound lifestyle remains, but consumers are increasingly showing their interest in products with a more personal focus. The conclusion is from the NPD Group

33% of supply chain leaders moved business out of China or plan to do it by 2023

Jun 30, 2020 / United States
A Gartner survey with 260 global supply chain leaders held in February and March 2020 found that 33% had moved sourcing and manufacturing activities out of China or are planning to do so in the next two to three years

Influence Marketing: What strategy to employ?

Influence marketing will only work if the brand understands its origin. The selection process of an influencer must involve a careful identification of the brand objectives and the influencer's aesthetics and profile

Gucci rises up prices of handbags

Jun 30, 2020 / Italy
Popular items of the brand, the Dionysus and the Zumi handbags, are now more expensive. Jefferoes International reports they now cost up to 9% more

Pure London: summer edition cancelled

Jun 30, 2020 / United Kingdom
Due to the global impact of the Coronavirus pandemic, the Hyve Group have announced changes to their 2020 show calendar and will bring Pure London, Pure Origin, Scoop and Jacket Required back to the UK capital in February 2021

Inditex wants 25% of sales online within 2 years

Jun 29, 2020 / Spain
The Spanish group owning brands Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe, wants online sales to represent over 25% of the total by 2022. This compares with 14% in financial year 2019

Nike's revenue falls by 38% in the last quarter

Jun 29, 2020 / United States
Revenue for Nike decreased by 38% to 6.3 billion US dollars, down by 36% on a currency-neutral basis, primarily due to owned and partner physical store closures across North America, EMEA and APLA due to COVID-19

Pakistan's footwear exports up by 4.29%

Jun 29, 2020 / Pakistan
Footwear exports of the Asian country increased by 4.29% during the first eleven months of current financial year (2019-20) as compared to the corresponding period of last year

Are you familiar with Influence Marketing?

Do you know Influence Marketing can be a business strategy? Would it be suitable for your company? Today we bring you a new study by the World Footwear which focus on the bits and pieces of Influence Marketing
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