World Footwear

Companies

Success Road: social partners as key actors in assisting the transfer process of EU family business

Oct 28, 2020 / European Union
Last week, the Interreg Europe Success Road project consortium met virtually with Spanish public and private stakeholders to debate on the role of social partners in facilitating the transfer process of EU family businesses

Joanne Crevoiserat is Tapestry's new CEO

Oct 28, 2020 / United States
The New York-based house of luxury accessories and lifestyle brands announced that its Board of Directors has appointed Joanne Crevoiserat as Chief Executive Officer, effective immediately

Crocs: third quarter revenue grew by 16%

Oct 28, 2020 / United States
Revenue totaled 361.7 million US dollars, an increase of 15.7% from the same period last year, or 15.9% on a constant currency basis. E-commerce revenue grew by 36.3%, while wholesale increased by 12.4% and retail went up by 8.9%

Are you using any of these B2B Marketplaces for Fashion?

Premium ContentOct 27, 2020 / World Footwear Reports
With the world moving into the digital sphere at a fast rhythm more and more businesses are being made online. This is well known for Business to Consumer, but is also the case for Business to Business connections, as different parts of the supply chain get connected via B2B marketplaces

Hermès returns to growth

Oct 27, 2020 / France
Sales in the third quarter (+7% at constant exchange rates and +4% at current exchange rates) are driven by strong activity in the group's stores (+12% at constant exchange rates), the momentum in Asia and a significant improvement in all other geographical areas

Brazil expects 1.2 million US dollars from digital networking meetings

Oct 26, 2020 / Brazil
According to Abicalçados the digital business networking meetings held by 20 Brazilian footwear brands with buyers from Latin America between the 24th of August and the 25th of September will likely generate 1.2 million US dollars in businesses

Kurt Geiger plans 500 job cuts as UK's intends to end tax-free shopping

Oct 26, 2020 / United Kingdom
The luxury footwear and accessories retailer plans to cut 500 jobs, a quarter of its workforce, early next year after the British government announced that it plans to abolish tax-free shopping by the end of the current year

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

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

Prada appoints Malika Savell Chief Diversity, Equity and Inclusion Officer

Oct 23, 2020 / North America
After Chanel, Gucci and Kering, it is Prada's turn to create a position as Director of Diversity, Equity and Inclusion Officer and Malika Savell has been appointed to the position in Prada North America

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
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