Retail
DSW opens first warehouse in Saudi Arabia
The Ohio-based company has announced the opening of its first warehouse in the Kingdom of Saudi Arabia. The new warehouse, located at the Mall of Dhahran, marks the second DSW Designer Shoe Warehouse outside North America, after Oman
Irma impact on US retail could reach 2.75 billlon US dollars
According to the FDRA, the Footwear Distributors and Retailers of America Association and based on estimates from Planalytics, a weather-analytics company
Cole Haan builds up presence in China
The global lifestyle and accessories brand and retailer announced a long-term retail, wholesale and e-commerce distribution agreement with a subsidiary company of Sitoy Group Holdings Limited
Reebok shrinks presence in the US
The adidas group has closed 35 Reebok stores in the US this year and plans to close more before the year ending
Retail sales up by 3.2% in the US
According to the National Retail Federation, retail sales in the US in June were essentially unchanged over May on a seasonally adjusted basis, but up by 3.2% unadjusted from June 2016
How to get footwear consumers attention
Having a great product with valuable features, being creative and promoting marketing initiatives is necessary to attract consumers attention
Social media and e-commerce are mandatory for SMEs
Consumers are increasingly buying their footwear online. Furthermore, they are also using the internet, particularly social media, influencers and blogs, to get information about trends and develop their own style
Footwear stores should focus on the customer's experience
In the competitive industry of footwear, every single initiative counts to make consumers fall in love with a brand. Enhancing customer experience through an improved online/offline store might help
Payless ShoeSource files for bankruptcy
The US-based discount footwear chain Payless has filed for Chapter 11 protection in St Louis. Roughly 400 stores will be closed
Puma partners with Cramer
In early 2017, the sportswear giant launched a loyalty program to recruit Puma soccer players. Now, to mark the launch of the program they joined with experience agency Cramer to reimagine what shoe packaging could be
Sports Direct ups its stake in Debenhams
One of the largest sports-goods retailer in the UK has just made a strategic investment in the department store giant
Belle expects double digit drop in profit
China-based retailer should close its financial year with a drop of 15% to 25% in profit. Weaker sales in its footwear business should be one of the reasons
Crocs to close 160 stores by 2018
While announcing its fourth quarter and fiscal year results the US-based company has also confirmed it has a plan to close 30% of its stores within the next two years-
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