Companies
Digital sales up by 27% at Macy's
The American department store chain reported digital sales growing by 27% in the third quarter. and comparable sales down by 21.0%, as a result of continued stores recovery and continued growth of digital business
Jovan receives double certification
Portuguese company Jovan has just been double certified by the SGQA - Quality and Environment Management system (ISO 9001 and ISO 14001). Quality and the environment are top priority in this company dedicated to manufacturing footwear for adults and children
US shopping app downloads with a record of 2.8 million on Black Friday
According to preliminary estimates by Sensor Tower Store Intelligence, mobile shopping app installation hit a new single-day record on Black Friday, with around 2.8 million downloads, up by nearly 8% year over year
Zalando: co-CEO Rubin Ritter resigns
Rubin Ritter, co-CEO of the Germany-based online fashion company since 2010, will step down next year, leaving the leadership of the company on the hands of co-CEO's Robert Gentz and David Schneider. Ritter says he aims to back his wife’s career
Sales of clothing and footwear down by almost 30% in Mexico
Data is from Servytur's Center for Economic and Trade Studies (CEECS) and highlights a massive hit of the pandemic in the clothing and footwear sales in Mexico. El Heraldo reports
Caleres declares quarterly dividend
This dividend will be the 391st consecutive quarterly dividend paid by the company
JCPenney’s Retail and Operating Assets to exit Chapter 11
The US Bankruptcy Court for the Southern District of Texas has confirmed the Company’s Plan of Reorganization to create separate property holding companies
Genesco: sales down but better than expected
Net sales for the third quarter of fiscal 2021 decreased by 11%. Genesco says this sales results exceeded expectations and translate the return of the company to profitability
Chloé appoints Gabriela Hearst Artistic Director
The Richemont-owned French luxury fashion house announced the appointment of Gabriela Hearst to the position of Artistic Director after making official the departure of Natacha Ramsay-Levi last week
Under Armour and Stephen Curry launch Curry Brand
The Baltimore-based sportswear brand in partnership with three-time NBA champion and two-time Most Valuable Player Stephen Curry, announced the creation and launch of the Curry Brand
Tapestry: Pam Lifford and Thomas R. Greco join Board of Directors
The New York-based house of modern luxury accessories and lifestyle brands announced that Pam Lifford and Tom Greco have been appointed to Tapestry’s Board of Directors. This brings the Board Membership to Ten
Caleres: sales down by 18.3%
The US-based footwear group has announced results for its third quarter, marked by a decline of 18.3% in net sales. Declines registered in all segments, except for the online business
New Generation: meet The Boot Institute
Two friends, one day at the beach. That is how the project The Boot Institute was born. Sandra has a background in Marketing and Dina has 12 years of experience in the footwear sector
France Retail: So far, back in business, but for how long?
After a lost spring, a season heavily impacted by the COVID-19 crisis, the French retail market reacted well, and summer sales brought a good mood to the business. However, a second wave hitting the country after the summer led to a November with closed stores (non-essential stores were not open for over a month). The enthusiasm of the reopening on the 28th of November led crowds to queue for visiting some stores. However, it is not clear if this will be enough to ensure an end of the year out of the red.
Under Armour with flat quarter's revenue
The Baltimore-based giant has reported third quarter results, marked by flat revenue at 1.4 billion US dollars, driven by growth in the international business and e-commerce-
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