News
Brazilian footwear industry concerned with possible FTA Mercosur-Vietnam-Indonesia
The local association is concerned with the idea of carrying out an unrestricted trade opening for foreign products, with the reduction of the tariffs on imports. The possibility to have an FTA with Vietnam and Indonesia is already in the process of public consultation
Pinterest expands shopping features to more countries
Social network Pinterest announced the expansion of their shopping attributes to Australia, Canada, France and Germany. The shopping features were available first in the US and UK
Mytheresa joins Vestiaire Collective to offer resale service
Luxury e-commerce platform Mytheresa announced a partnership global app Vestiaire Collective. The partnership aims to drive the fashion industry’s shift towards more sustainable practices by introducing a resale service dedicated to Mytheresa’s high-end luxury customers
Virtual Gucci bag sold by more than 4.000 US dollars
The item was sold on Roblox, a video game platform and it cannot be used outside it. The Gucci Dionysus bag is not interchangeable and was more expensive than an original similar physical bag
Study finds 28% of runners started during the pandemic
This is according to a survey taken by RunRepeat which included 3.961 current runners to investigate how many began during the pandemic. The survey also aims to analyse some motivations and behaviours of current runners
Crocs appoints Tracy Gardner to Board of Directors
The casual footwear brand for women, men and children, known for its clogs, announced that Tracy Gardner has been appointed to its Board of Directors, which has been effective since the 9th of June 2021
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)
Media Partners
Media Partners
-
La Conceria
SERMA
Schuhkurier
Fotoshoe