World Footwear

Footwear

Gap and Athleta invest in the footwear and apparel start-up Saysh

Jun 21, 2022 / United States
The San Francisco-based apparel retailer invested 1 million USD in the footwear brand founded by the Olympic medallist Allyson Felix and her brother and business partner Wes Felix

Strong expectations for the health of footwear businesses

Premium ContentJun 20, 2022 / Business Conditions Survey
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts

More than 8 000 visitors at the latest edition of Expo Riva

Jun 20, 2022 / Italy
Under the umbrella of innovation and sustainability, the 97th edition of Expo Riva Schuh & Gardabags attracted more than 8 000 visitors from 103 countries and exhibitors from over 41 countries

Kohl’s in talks to be bought by Franchise Group

Jun 17, 2022 / United States
The American-based department store chain has entered into exclusive negotiations with Franchise Group for a period of three weeks. Franchise proposed to acquire the retail chain for 60 US dollars per share

Argentina: SME retail sales dropped in May

Jun 16, 2022 / Argentina
Retail sales from small and medium businesses fell by 3.4% in May, year-over-year, and by 8.9%, as compared to April. Price and cost increases affected profitability and consumer’s confidence

Roberto Massardi is Prada's new Chief Business Development Officer

Jun 16, 2022 / Italy
The Italian luxury brand appointed Roberto Massardi as chief business development officer in May. Mr. Massardi will be responsible for the strategic development of the group

lululemon's footwear launch exceeds expectations

Jun 16, 2022 / Canada
The performance apparel company reported in a call with investors that demand for the new products in the first quarter “far exceeded” the company’s expectations and outweighed supply

France Retail: retailers’ confidence sank in the first quarter of 2022

Premium ContentJun 15, 2022 / France
Despite the Eurostat TCF (Textile, Clothing and Footwear) suggesting the return of retail to normalcy, there are red signs undermining not only consumers’ confidence, but also the retailers’ one, who before had displayed some insensitivity towards risks. Surging energy prices, inflationary pressure and the war in Ukraine are overshadowing any boost from an easing of COVID-19 restrictions. The subsequent increase in costs does make us wonder why TCF retail is not in the red yet

ABL Group acquires sneaker brands Tonakai

Jun 15, 2022 / Italy
The Italian producer of leather goods, owner of the Rebelle handbag brand, has acquired 80% of Tonakai, the fashion sneaker brand founded by Francesco Renna

Amazon Fashion launches Virtual Try-On For Shoes

Jun 15, 2022 / United States
The interactive mobile experience uses augmented reality to help the customer visualize how a pair of shoes looks from every angle and make better informed purchasing decisions

Europe: fashion brands don't share geographical location with manufacturing

Premium ContentJun 14, 2022 / Europe
When looking into the location of the main brands and manufacturing businesses of the European TCLF industry (Textile, Clothing, Leather and Footwear), one easily concludes about the existence of a dichotomy between brands and production

Farfetch to accept cryptocurrency payments

Jun 14, 2022 / United Kingdom
The luxury e-tailer will enable cryptocurrency payments for private clients on its marketplace in the coming months and then expand to all customers in the US, the UK, and Europe from late 2022

Columbia Sportswear names Senior VP, Omni Planning and Fulfilment

Jun 14, 2022 / United States
The US-based sportswear company announced the appointment of François Guillon to the role of Senior Vice President, Omni Planning and Fulfilment. He joins the company from Tiffany & Co

The Athlete’s Foot owner acquires Shoe City

Jun 13, 2022 / United States
Arklyz announced it is acquiring the Baltimore-based retailer Shoe City and its associated online platform - ycmc.com. With this acquisition, Arklyz expands its portfolio with another Athletic Speciality Footwear & Streetwear Lifestyle Retail Chain

Armando Cabral opens immersive retail space in the US

Jun 13, 2022 / Portugal
The Portuguese model and businessman expanded his brand with an Afro-Centric immersive retail experience in the Rockefeller Centre named ARMANDO CABRAL Mercado
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