World Footwear

Companies

Vietnam’s rise in footwear trade

Premium ContentNov 12, 2020 / Vietnam
The World Footwear’s Panel of Experts is forecasting Vietnam’s share of footwear exports to reach 11.5% in 2025. Last year Vietnam exported roughly 1.4 billion pairs of shoes

Caleres names Michael Edwards President of Famous Footwear

Nov 12, 2020 / United States
Michael Edwards will replace Molly Adams, who resigned her position, effective from the 20th of November onwards to pursue an opportunity outside the organization

China’s Singles Day: Nike reaches record sales in just 60 seconds

Nov 12, 2020 / China
Within one minute of Alibaba’s Tmall opening for the first phase of China’s Singles’ Day shopping festival Nike’s turnover surpassed the 100 million renminbi (roughly 12.8 million euros or 15.1 million USD) mark

CCC launches ship-from-store to customer door within 60 minutes

Nov 11, 2020 / Poland
Customer needs and the threat of renewed brick-and-mortar retail closures in Poland have led the CCC Group to started testing a new service where a product ordered online would be delivered to the customer’s doorstep within 60 minutes

Ferragamo: sales down by 18.9% in the third quarter

Nov 11, 2020 / Italy
The Italy-based luxury group announced third quarter results with sales down by 18.9%. The accumulated decline in 2020 reached 38.5%. The Asia Pacific area is confirmed as the group's top market, reaching over 42% of total revenue

VF to buy Supreme

Nov 10, 2020 / United States
The branded lifestyle apparel, footwear and accessories group VF announced a definitive merger agreement has been achieved to acquire Supreme, a privately-owned global streetwear brand from current investors, The Carlyle Group and Goode Partners

Zalando's revenue up by 21.6%

Nov 10, 2020 / Germany
Zalando has announced revenue increasing by 21.6% in the third quarter. Sales volume was up by 29.9%. The company considered this as a quarter of exceptionally strong and profitable growth

COVID-19 to lead to a 22.2% decline in footwear consumption in 2020

Premium ContentNov 9, 2020 / Business Conditions Survey
The World Footwear' experts panel, gathering specialists from all over the world, is foreseeing a drop in global footwear consumption of 22.2% in the current year, a figure in line with the previous edition forecast (22.5%)

Capri reports revenue and earnings above expectations

Nov 9, 2020 / United Kingdom
The global fashion luxury group announced its financial results for the second quarter of fiscal 2021. John D. Idol, the Company’s Chairman and Chief Executive Officer, said revenue and earnings surpass the company's expectations

Building a digital presence: what steps to consider?

Premium ContentNov 6, 2020 / World Footwear Reports
Today we bring you the ultimate check list you need to bear in mind when defining the strategy to build your business or brand a meaningful and relevant digital presence. Check it out

Alibaba and Richemont invest in Farfetch

Nov 6, 2020 / China
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

Nov 5, 2020 / United Kingdom
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

Nov 5, 2020 / Portugal
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

Nov 4, 2020 / Portugal
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

Nov 4, 2020 / Latvia
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)
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