Companies

Revenue up by 3% for Nike

Mar 22, 2021 / United States

The US-based sportswear giant reported fiscal 2021 financial results for its third quarter ended on the 28th of February 2021. Revenue increased by 3% to 10.4 billion US dollars compared to the prior year

Brands Companies Coronavirus - Covid19 Footwear Nike Quarter Results Results Shoes Sneakers United States

Clarks was already in difficulties before COVID-19

Mar 21, 2021 / United Kingdom

The footwear group published its annual report with reference to fiscal year ending on the 1st of February 2020. The results don’t reflect the full impact of the pandemic in the business or the recent change in the ownership

Brands Companies Footwear Quarter Results Results Retail Sales Shoes United Kingdom

Shoe Carnival announces planned CEO succession

Mar 20, 2021 / United States

Mark Worden will succeed Cliff Sifford as Chief Executive Officer, effective from the 30th of September 2021. Cliff Sifford will continue to serve as Vice Chairman of the Company’s Board of Directors. The Board of Directors decided to increase its quarterly cash dividend by 56%

Brands Companies Footwear Management People Shoe Carnival United States

Manufacturing in Pirmasens is ending for Peter Kaiser

Mar 19, 2021 / Germany

New investors were announced for Peter Kaiser. In addition to the current CEO Stefan Frank, a couple of investors join the business: Hans-Joachim and Gisa Sander (husband and wife), founders of cosmetics company Wella. Pirmasens production line to shut down

Brands Companies Footwear Germany Investment Manufacturing Retail Shoes

Burberry adjusts forecast after sales rebound

Mar 19, 2021 / United Kingdom

The luxury fashion house headquartered in London has issued an unscheduled trading update ahead of the 27th of March 2021 financial year end

Brands Burberry Companies Coronavirus - Covid19 Results Sales United Kingdom

Revenue down by 26.5% in 2020 at Stella

Mar 19, 2021 / Hong Kong

The group’s consolidated revenue for the year ended on the 31st of December 2020 declined by 26.5% to 1 135 million US dollars, while shipment volumes for the year declined by 26.9% to 43.4 million pairs

Companies Footwear Hong Kong Manufacturing Results Retail Shoes Stella

Kering sponsors renovation of the courtyard of the Palazzo Vecchio in Florence

Mar 19, 2021 / Italy

The France-based holding company Kering is sponsoring the renovation of the Michelozzo courtyard of the Palazzo Vecchio in Florence, an important symbol of the Renaissance capital

Brands Community Companies Footwear Italy Kering Leather goods

TOWORKFOR wins e-commerce awards

Mar 18, 2021 / Portugal

The online store TOWORKFOR was considered E-Commerce of the Year in Clothing and Footwear and won two more prizes in the 1st edition of the Portugal E-Commerce Awards

Awards Brands Companies ecommerce Footwear Online Portugal Portuguese Shoes

Wolverine exceeds expectations in fourth quarter and aims for strong recovery in 2021

Mar 18, 2021 / United States

The US-based footwear giant has announced fourth-quarter revenue exceeding expectations. Performance in owned eCommerce and two largest brands, Merrell and Saucony, give Wolverine prospects of a strong recovery in 2021

Brands Companies Coronavirus - Covid19 ecommerce Footwear Online Quarter Results Results United States Wolverine Worldwide, Inc.

2020: more than 17 500 chain store outlets lost in Great Britain

Mar 17, 2021 / Great Britain

As the COVID-19 pandemic triggered the worst decline on record: more than 17 500 chain store outlets disappeared from high streets, shopping centres and retail parks across Great Britain last year

Companies Coronavirus - Covid19 Great Britain Retail Sales

Clarks: majority stake acquisition completed and new CEO named

Mar 17, 2021 / Hong Kong

The Hong Kong-based private equity firm LionRock Capital has completed its investment in Clarks. The deal, announced back in November, amounts to 100 million British pounds

Acquisitions Brands Clarks Companies Footwear Hong Kong Retail Shoes

Prada: 24% drop in revenue and 200% growth in the online business

Mar 16, 2021 / Italy

Total net sales for the twelve months ended on the 31st of December 2020 totaled 2.39 billion euros, down by 23.6% at constant exchange rates (down by 24.9% at current exchange rates) compared with approximately 3.18 billion euros in 2019

Brands Companies Coronavirus - Covid19 Fashion Footwear Italy Luxury Prada Quarter Results Results

Gallery in hybrid format in April

Mar 16, 2021 / Germany

Gallery SHOES & Fashion Industrial Showroom will be taking place from the 18th to the 20th of April 2021 in a concentrated form: as a special edition, spaciously laid out, three-day "Industrial Showroom" at the Areal Böhler in Düsseldorf

Companies Coronavirus - Covid19 Events Germany Online Shoes Trade fairs

Germany: retail turnover down by 4.5%

Mar 15, 2021 / Germany

According to provisional data by the Federal Statistical Office (Destatis), turnover in retail trade in January 2021 was lower than in December 2020

Companies Coronavirus - Covid19 Germany Retail

Ferragamo's revenue down by 33.5% in 2020

Mar 15, 2021 / Italy

The Italian luxury house reported sales of 916 million euros in fiscal 2020, down by 33.5%. Salvatore Ferragamo announced it had suffered a net loss of 72 million euros in 2020, in an economic context highly affected by the COVID-19 pandemic

Brands Companies Coronavirus - Covid19 Fashion Ferragamo Italy Luxury Sales Shoes

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