News
Despite losses Farfetch congratulates fantastic quarter
The luxury e-commerce giant focused on several encouraging indicators when announcing the quarter results, but Farfetch continues to present an increasing net loss
82% US shoppers leave apparel stores without purchasing
The conclusion comes from the 2019 Apparel Store Customer Experience Survey published by CB4 and considered the experiences of 1 500 US shoppers
Yue Yuen: sales up by 5%
The Hong Kong based footwear manufacturer registered revenue of 7 519.6 million US dollars for the first nine-months of the year, growing by 5%
Wolverine reports strong third quarter
The US-based footwear giant reported revenue for the third quarter of 574.3 million US dollars increasing by 2.8% as compared to similar period in the prior year
Tapestry declares quarter dividend
The New York-based house of modern luxury accessories and lifestyle brands announced the payment of a quarterly cash dividend by the end of the year
Zouri awarded at the Social Innovation Tournament
The Portuguese-based footwear company won the second prize in the special category for projects focusing on sustainable consumption and production
Most expensive shopping streets revealed
According to a recent study by Cushman & Wakefield commercial leases in Causeway Bay in Hong Kong are the most expensive in the world
adidas is moving automated factories to China
The Germany-based sportswear brand will close Ansbach and Atlanta Speedfactories. The aim is to deploy the Speedfactory technology at Asian suppliers by end of 2019
Ecuador lowers tariffs for sports shoes
The government of Ecuador reduced import tariffs on shoes and equipments for sports
Ferragamo: slowdown in the third quarter
The Italian luxury house registered net profit of 65 million euros in the first nine months of the year, stable year-on-year, but saw its sales fall in the third quarter
Tod's sales in decline
The group’s sales totalled 677.7 million euros in the first nine months of 2019, a decline of 4% compared to 2018. The Roger Vivier brand registered double-digit growth
Alpargatas’ net revenue up by 11.4%
Alpargatas’ net revenue topped 1 billion Brazilian Reais in the third quarter, up by 11.4% on a year-on-year basis
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