United States
Sperry names new VP Design & Development
Sean McDowell was named the new Vice President of Design and Product Development of Sperry, a division of Wolverine. In this role, he will focus on driving product innovation for the brand
VF creates new position of President Greater 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
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
US: spending gets more personal
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
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
Nike's revenue falls by 38% in the last quarter
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
Merrell names Janice Tennant as Chief Marketing Officer
Merrell, a division of Wolverine announced the appointment of Janice Tennant to the position of Chief Marketing Officer, reporting directly to Merrell’s global brand president, Chris Hufnagel, and joining the brand’s Senior Leadership Team
Shoe Carnival: second quarter exceeds expectations
The Indiana-based retailer of footwear and accessories provided a business update following the re-opening of its stores amid the global COVID-19 pandemic
Macy’s announces restructuring plan
The New York-based retailer announced it will eliminate approximately 3 900 corporate and management roles. With the actions announced Macy's anticipated to create approximately 630 million US dollars per year in savings
COVID-19 pandemic adds to job’s descriptions and fuels new hires
Businessinsider is quoting HR and staffing firm Adecco who confirms that retailers are hiring people to take temperatures and enforce social distancing
Brazilian footwear exports decreased by 66% in May
Data prepared by the Brazilian Footwear Industries Association (Abicalçados) indicates that 2.7 million pairs were shipped in May, generating 23.9 million US dollars of revenue. This resulted in decreases both in volume (-64.7%) and in value (-66%)
50% of luxury firms may be at risk
Daniel Langer, Chief Executive of Luxury, Lifestyle and Consumer Brand Strategy from firm Équité, believes half of the luxury brands around the world will fail to survive the COVID-19 crisis
Genesco: sales down by 44%
The US-based group has announced first quarter results marked by a decline of 44% in net sales. The sales decrease was driven by the closure of stores for the back half of the first quarter
FDRA's Global Shoe Sourcing Digital Series
The Footwear Distributors and Retailers of America (FDRA) is running a digital series on Global Shoe Sourcing. The series will be held from the 27th to the 30th of July. We bring you all the info about the event
Matt Priest talks about FDRA and FFANY joining forces
This deal, which will place FFANY (Fashion Footwear Association of New York) under the Footwear Distributors & Retailers of America (FDRA) hierarchy, later in the year, follows years of talks about a possible union between the two parties-
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