World Footwear

Shoes

Ferragamo launches 3D made-to-order service

Oct 26, 2020 / Italy
The Italy-based luxury brand is teaming up with Microsoft and its technological partner Hevolus for launching an innovative service to its customers. Hevolus's Augmented Store at Home platform is based on Microsoft's Cloud Computing and Mixed Reality technologies

Footwear stores hit hard in Moscow and St. Petersburg

Oct 26, 2020 / Russian Federation
Shoe Intelligence, based on estimations by Moscow-based think tank Evotor, is reporting a 17% plunge in sales of independent footwear stores in Russia in September. Decline is more severe in Moscow and St. Petersburg

Kering overcomes expectations despite 4.3% sales decline

Oct 23, 2020 / United States
The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance

VF shows signs of recovery with higher than expected results

Oct 22, 2020 / United States
The owner of brands such as Vans, The North Face and Timberland, registered declining revenue in the second quarter (-18%). Notwistanding, VF's results have surpassed their internal expectations, which is being taken as a positive sign of recovery

361 provides operational update

Oct 22, 2020 / Hong Kong
The Board of the Hong Kong based footwear company has provided operational updates for its business segments referring to the third quarter of 2020

Savana launches new brand

Oct 22, 2020 / Portugal
For the Portuguese-based footwear company protecting the environment is as important as creating a good pair of shoes. With that thought in mind the company has launched a new brand

LVMH: fashion and leather goods division with improved revenue

Oct 21, 2020 / France
The luxury group recorded revenue of 30.3 billion euros in the first nine months of 2020, down by 21%. Revenue was down by 7% in the third quarter, reflecting an improvement in trends, with a return to growth in the Fashion & Leather Goods segment

Amy Hunter is Caleres new Vice President of Diversity, Equity and Inclusion

Oct 21, 2020 / United States
The St. Louis-based company has announced Amy Hunter will join the company as Vice President of Diversity, Equity and Inclusion, effective from today

Bangladesh’s leather industry with declining quarter

Oct 20, 2020 / Bangladesh
In the first 3 months of the current year, Bangladesh’s leather industry registered a total of 225.15 million US dollars’ worth of exporting revenue, which represented a decline of 11.49% over the performance in similar period in the previous fiscal year

Get to know Tentoes: Made in Nature

Oct 20, 2020 / Portugal
Born in the heart of the Felgueiras-based footwear group Carité, which owns the J.Reinaldo brand, Tentoes: Made in Nature was presented at the last edition of the trade fair Micam

Zalando raises 2020 full year outlook

Oct 19, 2020 / Germany
One of the leading online platforms for fashion and lifestyle has raised its outlook for the 2020 financial year after registering exceptionally strong and profitable growth in the third quarter

CCC with fast sales recovery of the online channel

Oct 19, 2020 / Poland
The Polish-based group finished the second and third quarters of 2020 with strong sales growth in the e-commerce channel, reporting revenue increase of 82% and 60% year on year, respectively

COVID-19 intensifies Mulberry's losses

Oct 16, 2020 / United Kingdom
The UK-based handbag and accessories retailer has been hit particularly hard by COVID-19. When announcing last year's results, Mulberry confirmed a 10% decline in revenue

Clarks to close 50 stores

Oct 16, 2020 / United Kingdom
Clarks is expected to go ahead with a Company Voluntary Arrangement (CVA) which can result in the closure of several of its shops in order to secure a capital injection from Hong Kong-based private equity firm LionRock, Sky News reported

12th Annual Skechers Pier to Pier Friendship Walk turns into a virtual event

Oct 15, 2020 / United States
Notwithstanding the COVID-19 reality the fundraising campaign for kids will continue and the aim I to raise 2 million US dollars as it transforms its popular annual beach event into a celebration of its sponsors and community
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