World Footwear

Footwear

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

Footwear stores hit hard in Moscow and St. Petersburg

Oct 26, 2020 / Russian Federation
Shoe Intelligence, based on estimations by Moscow-based think tank Evotor, is reporting a 17% plunge in sales of independent footwear stores in Russia in September. Decline is more severe in Moscow and St. Petersburg

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

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

Join the third edition of the World Footwear Business Conditions Survey

Oct 20, 2020 / Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views about the current business situation and assess the main impacts of Covid-19. Join today! We want to hear your views

Business to Business Marketplaces for Fashion

Premium ContentOct 20, 2020 / World Footwear Reports
The role of digital in our lives has increased significantly in the last few years and COVID-19 made us all focus attentions to this arena to continue with meetings and businesses while restrictions and limitations to movements were in place. In this scenario, do you know what B2B marketplaces are? Do you understand their importance for the fashion industry?

Get to know Tentoes: Made in Nature

Oct 20, 2020 / Portugal
Born in the heart of the Felgueiras-based footwear group Carité, which owns the J.Reinaldo brand, Tentoes: Made in Nature was presented at the last edition of the trade fair Micam

CCC with fast sales recovery of the online channel

Oct 19, 2020 / Poland
The Polish-based group finished the second and third quarters of 2020 with strong sales growth in the e-commerce channel, reporting revenue increase of 82% and 60% year on year, respectively

Clarks to close 50 stores

Oct 16, 2020 / United Kingdom
Clarks is expected to go ahead with a Company Voluntary Arrangement (CVA) which can result in the closure of several of its shops in order to secure a capital injection from Hong Kong-based private equity firm LionRock, Sky News reported
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