World Footwear

Retail

Kohl's names Tom Kingsbury as Chief Executive Officer

Feb 8, 2023 / United States
After serving as Interim Chief Executive Officer since the 2nd of December 2022, the US-based retailer's Board of Directors has unanimously appointed Tom Kingsbury as its permanent CEO

JD Sports announces new growth strategy for the next 5 years

Feb 3, 2023 / United Kingdom
The retailer has announced that is setting in motion a new strategic approach for the next five years, which includes plans to a "significant" retail expansion and brand-new financial growth goals

2023 could bring a loss of 56 million pairs in Europe's consumption

Premium ContentJan 30, 2023 / Business Conditions Survey
In the latest edition of the World Footwear Business Conditions Survey, we have asked our panel of experts about their perspectives regarding footwear consumption, in their domestic market and globally

Primark reports very strong Christmas period

Jan 27, 2023 / United Kingdom
The retailer posted a sales increase of 15% in the 16 weeks to the 7th of January 2023, driven by strong footfall after the easing of COVID-19 restrictions, which impacted last year's results

Nordstrom Chief Merchandising Officer to retire

Jan 26, 2023 / United States
The Seattle-based department store announced that Chief Merchandising Officer Teri Bariquit is retiring after 37 years with the company. She will remain in the role until a successor is named

Asics plans to further grow in India

Jan 25, 2023 / India
The Japan-based sportswear company has reported that India saw the highest growth globally in 2022 due to the post-pandemic running and fitness boom

American Exchange Group acquires White Mountain Footwear

Jan 19, 2023 / United States
The US-based designer, manufacturer and wholesaler of footwear and accessories has announced the purchase of the women's footwear label for an undisclosed sum

Amazon to lay off just over 18 000 people

Jan 6, 2023 / United States
The Seattle-based online retailer giant has announced that it will cut more than 18 000 jobs across stores and in People, Experience, and Technology (PXT) groups

Dune London expands retail footprint worldwide

Jan 6, 2023 / United Kingdom
With international sales representing 26% of its total revenue, the British footwear and accessories brand is planning to expand its presence across the Middle East, Asia, and the Americas

British Retail Consortium forecasts low retail sales growth for 2023

Jan 4, 2023 / United Kingdom
According to the British Retail Consortium (BRC), UK retail sales will grow between 2.3% to 3.5% in 2023, with the pace somewhat picking up in the second half of the year

adidas opens first-ever Terrex store in Canada

Jan 4, 2023 / Canada
The company has opened its first Canadian Terrex store in the outdoor hub of Vancouver, Kitsilano, offering access to the full line of its outdoor-specific brand's high-end outdoor gear

Skechers expands presence in Ireland with the opening of a flagship store

Jan 2, 2023 / Ireland
The US-based company has opened a flagship store on Dublin's Grafton Street, located in one of Ireland’s busiest districts, to showcase its range of offerings and comfort technologies

Cost of merchandise and raw materials is the main concern of the industry

Premium ContentDec 30, 2022 / Business Conditions Survey
In the current edition of World Footwear Business Conditions Survey, problems associated with the cost of merchandise and raw materials account for more than 80% of responses relating to the main difficulties felt by the footwear industry

China scraps COVID-19 quarantine for international travellers

Dec 30, 2022 / China
Despite the increase of COVID-19 cases in the country this month, China announced that from the 8th of January travellers will no longer be required to quarantine upon arrival on the mainland

UK Boxing Day footfall declines by 15.3% over pre-pandemic levels

Dec 28, 2022 / United Kingdom
On a comparable basis to 2019, UK in-store footfall was down by 15.3% this past Boxing Day, mostly due to rail strikes, travel disruptions and the rising cost-of-living, says RetailNext
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