News
Foot Locker's first quarter comparable store sales increase by 80.3%
The US-based retailer has announced the first set of results for 2021, with first quarter comparable store sales growing by 80.3%. Net income in the period totalled 202 million US dollars
Weyco acquires Forsake brand
The Milwaukee-based company announced that it acquired substantially all of the operating assets and certain liabilities of Forsake, a distributor of outdoor footwear
Crocs files complaint to block imports and sale of trademark-infringing products
The Colorado-based brand famous for its clogs filed a complaint with the United States International Trade Commission (ITC) seeking an investigation of unlawfully imported shoes into the United States in violation of its registered trademarks
Gap to close 19 stores in the UK and Ireland
The San-Francisco headquartered fashion group said it has plans to close 19 stores in the UK and Ireland next month as part of a restructure process with the aim to return to growth
Fosun Fashion Group to acquire Italian shoemaker Sergio Rossi
The global luxury fashion group FFG based in China announced it has signed an agreement to acquire 100% of Italian luxury footwear brand Sergio Rossi from Absolute Luxury Holding S.r.l., an independently-managed investment subsidiary of Investindustrial V L.P.
Inditex: sales grow by 50%
Sales of one of the largest fashion groups grew by 50% in the first quarter of 2021 totalling 4.9 billion euros. Online sales in local currencies grew by 67%
Michael Ballack joins Skechers
Three-time German Footballer of the Year Michael Ballack has signed on to appear in Skechers marketing campaigns due to be launched in Germany and throughout Europe this year
Wolverine expects second quarter revenue to exceed 2019
One of the world’s largest global portfolios of footwear and lifestyle brands provided a business update ahead of investor meetings taking place during the Baird 2021 Global Consumer, Technology, and Services Conference
Singapore retail sales up by 54%
Retail sales in the country surged by 54% in April on a year-on-year basis, compared with a revised 6.3% increase in March, according to data by the Singaporean Department of Statistics (SingStat)
Ara restructures its retail divisions
The Germany-based footwear group has announced a new umbrella brand, Salamander & friends, to join the retail activities of subsidiaries Salamander Germany, Schuhhaus Klauser and of Salamander International
Informa wants to streamline the shopping experience and create more opportunities for brands
After bringing you the latest about Informa's next editions of its US shows, today we bring you the second part of our conversation with Jordan Rudow, VP of Events. Read about her views on the trade shows and the footwear industry
Caleres names Jennifer Olsen Chief Marketing Officer
Jennifer Olsen has been named Chief Marketing Officer (CMO) for Caleres, as announced by Diane Sullivan, Chairman and CEO of Caleres. Olsen, who will begin on the 28th of June, will oversee all brand marketing for Caleres including consumer analytics, media and creative
New Generation: meet Alexandra and Susana from Noogmi
Susana created Noogmi, a brand of shoes for babies she designed for her son using a very Portuguese material: serge. The orders were quick to arrive and Alexandra came on board. Find out about Susana and Alexandra and the new brand Noogmi
Informa announces new editions for its US events
The company organising footwear events such as Magic, Project and Coterie, recently announced a new calendar of events for footwear in the US. We have spoken with Jordan Rudow, VP of Events to learn more about the new dates and events
UK: footfall improves as restrictions ease
According to what has been revealed by the British Retail Consortium (BRC), in the four weeks period running from the 2nd to the 29th of May, total UK footfall decreased by 27.7% in May (Yo2Y)
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