World Footwear

Fashion

Messe Frankfurt France is providing a new digital platform

Jul 13, 2020 / France
The organiser of the international textile fairs Messe Frankfurt France teamed up with Foursource to offer a digital platform for Fashion fairs: Apparel Sourcing, Avantex, Leatherworld, Shawls&Scarves, Texworld and Texworld Denim Paris

Informa cancels Las Vegas shows

Jul 13, 2020 / United States
Trade show organizer Informa Markets Fashion announced that it will cancel its Magic trade show events planned for Las Vegas in September, mentioning uncertainties related to the pandemic

Tod's: Diego della Valle denies sale and talks about recovery in China

Jul 10, 2020 / Italy
The Chairman and CEO of the Italian premium fashion brand said he has no intention of selling the company. Diego della Valle says the brand is already seeing optimism in certain markets

Brooks Brothers files for bankruptcy

Jul 9, 2020 / United States
The two-century-old company filed for bankruptcy after taking the hit of the COVID-19 pandemic’s impact on clothing sales. Pandemic kept customers at home reducing the demand for suits and formal attire

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

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

Messe Frankfurt France cancels September 2020 shows

Jun 23, 2020 / France
The event’s organisers announced they will not go ahead with the September 2020 edition of its co-locating tradeshows Apparel Sourcing, Avantex, Leatherworld, Shawls&Scarves, Texworld and Texworld Denim Paris

Portuguese Footwear Cluster: meet the components industry

Jun 9, 2020 / Portugal
They live ahead of their time, anticipating market trends, studying market behaviours, and searching to learn the consumers’ latest interests. This is the rhythm of the entrepreneurs within the components and tannery industries in Portugal

Pitti postponed to 2021

Jun 5, 2020 / Italy
All Pitti Immagine events, including menswear trade show Pitti Uomo, had already been rescheduled from June to early September. Now they are moved to 2021 and all energies will be concentrated on the Pitti Connect digital platform

Zalando is expecting 2020 revenue to be up by 10%-20%

Jun 2, 2020 / Germany
The online platform issued a new full-year guidance considering the impact of the Covid-19 pandemic and says it expects gross merchandise volume (GMV) and revenues to grow by 10%-20%

Revolver, CIFF and CFW will share same date

May 29, 2020 / Denmark
The announcement results from close collaboration between Copenhagen Fashion Week, trade fairs CIFF and Revolver, and industry organisations Dansk Fashion & Textile (DM&T) and Wear

Burberry: sales decline by 27% in the last quarter

May 28, 2020 / United Kingdom
The British-based luxury fashion house was heavily impacted by the COVID-19 pandemic, with 60% of stores closed by the end of March. In the fourth quarter sales declined by 27%

Neiman Marcus files for bankruptcy

May 7, 2020 / United States
The luxury retailer became the first major US department store group to file for bankruptcy protection during the coronavirus pandemic

After Milan, Paris announces digital fashion week

May 7, 2020 / France
Yesterday Camera della Moda has announced the first Milano Digital Fashion Week. In the same day the Fédération de la Haute Couture et de la Mode announced it is organizing a Paris Fashion Week online event

Nordstrom to close 16 stores as it restructures the business

May 6, 2020 / United States
As the company prepares to re-open ist stores, as Covid-19 restrictive measures start to be alleviated, Nordstrom has announced it plans to permanently close 16 full-line stores
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