News
Geox: sales still impacted by stores closure
During the first three months of the year, over one third of the network stores by Geox, were temporarily closed due to lockdowns, with a particularly significant suspension of activities in the main markets (Italy, France, Germany and the UK)
Japan Retail: too early to be excited about retail
After a year of underperforming, the Retail Index for Apparel & Accessories managed to overcome the figures of the previous year in March 2021. Notwithstanding, importers do not seem yet convinced that this is a sustained recovery. The good news, as in other countries, comes from confidence indicators, with consumers seem to drive away from pessimism. However, all seems too fragile yet and it might mean that it is too early to get excited with retail in Japan
British Retail Consortium talks about promising signs
The UK trade association for retail businesses confirms a total sales increase of 7.3% in the month of April, following the reopening of brick of mortar. However, the British Retail Consortium (BRC) this is still fragile
New Generation: meet Rui and Filipe Silva from Treec
Two brothers from S. João da Madeira and one tradition in the footwear industry. Together they have launched a footwear brand very focused on the environmental concerns. Meet Rui and Filipe Silva, founders of Treec
UK: online retail sales grow despite high street reopening
Online retail sales have continued to grow in April, rising 10.2% year-on-year, despite the reopening of the high street and against strong figures for April 2020. The latest IMRG Capgemini Online Retail Index reports
Micam to return to physical format in September
After the Government has announced the easing of the restrictions in place and as physical trade fair events are again allowed in Italy, Micam has announced the dates for its next edition. The footwear industry will gather in Milan from the 19th to the 21st of September 2021
Portuguese footwear shows signs of confidence
Most of the enquired companies (86%) say they have orders for at least one month of work. A quarter (33%) have orders guaranteeing production for the next three months. These are some of the findings of APICCAPS latest Business Conditions Survey
Asics focused on new consumer oriented digital solutions
The Japanese-based sportswear brand has partnered with SessionCam, a Glassbox company, which provides digital experience analytics for web applications. The aim is to increase online traffic, sales, and customer retention
Parag Desai named Chief Strategy and Digital Officer at Genesco
The Nashville-based Genescoannounced that Parag Desai has been named Genesco's Senior Vice President - Chief Strategy and Digital Officer. He previously served as Senior Vice President, Strategy, and Shared Services since December 2014
Hermès registers robust sales growth
In the first quarter of 2021, the group's consolidated revenue amounted to 2.08 billion euros (44% at constant exchange rates and 38% at current exchange rates), thanks to an outstanding performance in Asia and Japan and the upturn in America
Record buying at shoe stores in the US
According to finance.yahoo.com, citing the latest data from the US Bureau of Economic Analysis, consumer spending at shoe stores and other retailers selling footwear spiked to an all-time high in March
Zalando upgrades its outlook for fiscal 2021
Following exceptionally strong and profitable growth in the first quarter, continued elevated growth levels in the second quarter, and a stable outlook for the second half of the year, Zalando is upgrading its outlook for the current fiscal year
Allbirds releases open-source carbon footprint calculator
The New Zealand-American company has released an open-source tool for fashion brands to calculate their carbon footprint
Andrew E. Page as Executive VP and CFO at Foot Locker
The New York-based specialty athletic retailer announced the appointment of Andrew E. Page as Executive Vice President and Chief Financial Officer. His appointment follows the previous announcement that Lauren B. Peters is retiring from Foot Locker
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