News
Amazon becomes top apparel retailer in US
According to research conducted by American-based bank Wells Fargo, Amazon has surpassed Walmart as the country's top apparel retailer
Bangladesh leather industry on track with target, but performance differs by category
The Bangladesh's leather industry has a target set for the current financial year of 920.00 million US dollars, and in the first eight months, the industry has met the target set for the period (602.06 million US dollars)
Shoe Carnival with record quarterly net sales and net income
The Indiana-based retailer of footwear and accessories reported results for the fourth quarter and fiscal year ended on the 30th of January 2021. Shoe Carnival announced record quarterly net sales, net income and diluted net income per share
European Retail: hard times during COVID-19
After registering moderate growth in 2019 (+1%), the European clothing and footwear retail sector was heavily penalized by the pandemic in 2020: the cumulative drop in retail sales of the Textile, Clothing and Footwear sectors amounted to 15.0% in the year
Zalando aims for 10% of Europe’s fashion market
After what they called a strong financial year, the ecommerce giant significantly upgraded its growth ambitions and now aims to grow Gross Merchandise Volume (GMV) to more than 30 billion euros by 2025. Zalando are aiming for 10% of the European fashion market in the long-term
Do you know CTCP's High-Tech laboratories?
The Portuguese Footwear Technological Center (CTCP) is expert in the testing of footwear, leather goods, accessories, made of leather, synthetics, rubber, plastics, and other materials, including fashion, casual, comfort, classic and safety products
Trading footwear with the UK: are you familiar with the EU-UK deal?
Just before Christmas, people and businesses from both sides of the English Channel breathed in relief: a BREXIT deal had been achieved. Almost immediately, many questions arose regarding the new procedures to move goods between the two parties. Are you familiar with the new deal? Learn more today
Asics will be distributed in Argentina by Dass
The Japanese-based sportswear brand is delegating the distribution of its branded products in Argentina to Brazilian-based company Dass
ASPORTUGUESAS: trying out shoes without leaving home
Buying shoes online is not news. However, trying them out virtually, using just the phone, looks like something out of a sci-fi movie. And is now possible by the hands of a Portuguese-based brand ASPORTUGUESAS
Revenue up by 3% for Nike
The US-based sportswear giant reported fiscal 2021 financial results for its third quarter ended on the 28th of February 2021. Revenue increased by 3% to 10.4 billion US dollars compared to the prior year
Clarks was already in difficulties before COVID-19
The footwear group published its annual report with reference to fiscal year ending on the 1st of February 2020. The results don’t reflect the full impact of the pandemic in the business or the recent change in the ownership
Shoe Carnival announces planned CEO succession
Mark Worden will succeed Cliff Sifford as Chief Executive Officer, effective from the 30th of September 2021. Cliff Sifford will continue to serve as Vice Chairman of the Company’s Board of Directors. The Board of Directors decided to increase its quarterly cash dividend by 56%
Manufacturing in Pirmasens is ending for Peter Kaiser
New investors were announced for Peter Kaiser. In addition to the current CEO Stefan Frank, a couple of investors join the business: Hans-Joachim and Gisa Sander (husband and wife), founders of cosmetics company Wella. Pirmasens production line to shut down
Burberry adjusts forecast after sales rebound
The luxury fashion house headquartered in London has issued an unscheduled trading update ahead of the 27th of March 2021 financial year end
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