Fashion
Zalando is expecting 2020 revenue to be up by 10%-20%
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
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
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
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
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
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
First Milano Digital Fashion Week
Camera della Moda (the Fashion Chamber in Italy) is launching its first Milano Digital Fashion Week, to run from the 14th to the 17th of July, and showcasing Spring/Summer 2021 collections
Burberry says it will not apply for British state crisis money to pay salaries
With the UK under lockdown given the Covid-19 pandemic, many companies have taken advantage of the state job retention scheme. Burberry has said it won't take any of this cash
J.Crew files for bankruptcy protection
The multi-brand, multi-channel, specialty fashion retailer J. Crew became the first major US retailer to file for bankruptcy protection in the middle of the coronavirus outbreak
Macy's plans to reopen 68 stores on Monday
The American department store chain is re-opening 68 stores on Monday in states that reduced coronavirus lockdown restrictions. Macy's plans to re-open more stores in the upcoming weeks
Ambitious launches clothing collection
Irreverent design, versatile pieces. These are some of the adjectives characterizing Ambitious products. And if before we only talked about footwear, now clothing joins the family
Footwear: several challenges arising from the Covid-19 crisis
As they are non-essential goods, clothing, footwear and other fashion items are being particularly hit with the impact of the spread of Covid-19. Retailers and manufacturers are facing several challenges, and will continue to do so
Tapestry stores continue closed in many locations but China re-opened
Tapestry has extended store closures in North America and Europe for an additional two weeks (through the 24th of April). Stores in China have re-opened
Giorgio Armani's open letter
Reacting to an article published by WWD, the Italian designer wrote an open letter underlining that luxury shouldn’t imitate fast fashion
US: consumers shifting e-commerce spending towards apparel and footwear
A global payments and shopping provider Klarna has analysed all the transactions made through its retail partners as well as through their app in the last few weeks-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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