Companies
Alibaba and Richemont invest in Farfetch
Hangzhou-based e-commerce business Alibaba and Swiss-based luxury goods conglomerate Richemont SA will invest 1.1 billion US dollars (0.93 billion euros) in online luxury fashion retailer Farfetch and its new Chinese market operations
UK: Calls on customers to start Christmas shopping earlier
The British Retail Consortium (BRC) launched a new national advertising campaign calling on the public to start their Christmas shopping earlier to help spread demand during what is traditionally the busiest shopping time of the year
Lemon Jelly: Closing the Loop
The Portuguese-based brand has a new project based on the idea that nothing is destroyed, and everything is transformed. It is called: Closing the Loop. The brand has recently won the Best Carbon Footprint Initiative award at the Sustainable Fashion Awards 2020
A week dedicated to the Portuguese Leather Goods Industry
CTCP and APICCAPS promoted, from the 19th to the 23rd of October, a week dedicated to the leather goods sector. This week had a wide program of online initiatives, such as webinars about production, brands, technologies, luxury and fashion trends
Retail trade turnover in Latvia grows in September
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that in September 2020 total retail trade turnover rose by 5.9% (compared to similar period in 2019)
Speedo appoints new Global Brand Director
Pentland Brands, the group owning Speedo, has appointed Kev McFadyen as the new Global Brand Director for the brand known for being a key player in swimming accessories
Genesco announces departure of CFO
The Nashville-based group announced that Melvin G. Tucker, Senior Vice President and Chief Financial Officer, has resigned his position, effective from the 27th of November, in order to pursue an opportunity outside of the company
Puma’s sales and profitability rebound in the third quarter
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic
Tapestry with 14% decline in sales
Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations
Footwear sales in the US expected to stabilize and bounce back slightly in 2021
The forecast is from the NPD Group, which estimates that fourth quarter sales are positioned to significantly improve over year-to-date trends
Skechers announces third quarter results
The California-based footwear company reported sales of 1.30 billion US dollars in the third quarter of the year, a 3.9% decrease year-over-year, but a 78.3% increase from the second quarter of 2020
Wolverine declares quarterly dividend
The Michigan-based footwear group has announced its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock
Genesco appoints John F. Lambros to its Board of Directors
Lambros is President of GCA-US, a global investment bank. He serves as the head of GCA's digital media banking practice and is a member of its board of directors and executive committee. With this appointment Genesco's board now has eight members
adidas set to sell Reebok
Fashionnetwork is reporting, based on an article by German Manager Magazin, that adidas is planning to sell its Reebok division
YFF debuts in Milan
Portuguese-based brand YFF - Young Fashion Footwear - presented itself to the world in Milan, during the last edition of Micam, for the first time-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
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