News
Alibaba and Richemont invest in Farfetch
Hangzhou-based e-commerce business Alibaba and Swiss-based luxury goods conglomerate Richemont SA will invest 1.1 billion US dollars (0.93 billion euros) in online luxury fashion retailer Farfetch and its new Chinese market operations
Lemon Jelly: Closing the Loop
The Portuguese-based brand has a new project based on the idea that nothing is destroyed, and everything is transformed. It is called: Closing the Loop. The brand has recently won the Best Carbon Footprint Initiative award at the Sustainable Fashion Awards 2020
Next Riva live talk is focusing on the 2022 fashion market
“The 2022 fashion market, shifts & strategies”: a reflection on the fashion market for the last of the #playfashion live talks
UK: Calls on customers to start Christmas shopping earlier
The British Retail Consortium (BRC) launched a new national advertising campaign calling on the public to start their Christmas shopping earlier to help spread demand during what is traditionally the busiest shopping time of the year
A week dedicated to the Portuguese Leather Goods Industry
CTCP and APICCAPS promoted, from the 19th to the 23rd of October, a week dedicated to the leather goods sector. This week had a wide program of online initiatives, such as webinars about production, brands, technologies, luxury and fashion trends
Retail trade turnover in Latvia grows in September
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that in September 2020 total retail trade turnover rose by 5.9% (compared to similar period in 2019)
Speedo appoints new Global Brand Director
Pentland Brands, the group owning Speedo, has appointed Kev McFadyen as the new Global Brand Director for the brand known for being a key player in swimming accessories
The countdown for the Safety Footwear Revolution Week is on
From the 23rd to the 26th of November 2020 a fully digital and virtual conference is being organised by AMF SAFETY SHOES, TOWORKFOR, and ALOFT with an aim to discuss and reflect on 4 main revolutions impacting the Footwear Manufacturing sector
Premium Group cancels Berlin trade shows in January
Premium, Seek and Fashiontech will not take place in January. The Premium Group wants to focus on Frankfurt Fashion Week scheduled for July, as announced in a statement by Managing Partner Anita Tillmann
Genesco announces departure of CFO
The Nashville-based group announced that Melvin G. Tucker, Senior Vice President and Chief Financial Officer, has resigned his position, effective from the 27th of November, in order to pursue an opportunity outside of the company
Puma’s sales and profitability rebound in the third quarter
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic
The ultimate guide for fashion companies to build a digital presence
COVID-19 has accelerated the digitalisation of our lives and our businesses. More than simply having a site or a Facebook page, it is important to build an integrated digital presence, so, today we bring a list of key steps to bear in mind if you want to build a meaningful presence in the digital world
Tapestry with 14% decline in sales
Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations
Wolverine declares quarterly dividend
The Michigan-based footwear group has announced its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock
Footwear sales in the US expected to stabilize and bounce back slightly in 2021
The forecast is from the NPD Group, which estimates that fourth quarter sales are positioned to significantly improve over year-to-date trends
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