World Footwear

Fashion

H&M Group reports sales down by 18%

Feb 1, 2021 / Sweden
The Sweden-based fashion group announced net sales amounting to 187 031 million Sweden Krona (22.45 billion US dollars) in the 2020 financial year. In local currencies, net sales decreased by 18%

Asos buys Topshop and other Arcadia's brands

Feb 1, 2021 / United Kingdom
The deal includes Topshop, Topman, Miss Selfridge and HIIT. The brands were for sale after the Arcadia group collapsed into administration by the end of 2020

Ireland: retail sales up by 14.3% in December

Jan 29, 2021 / Ireland
The volume of retail sales increased by 14.3% in December 2020 when compared to November 2020 on a seasonally adjusted basis. Data is from Ireland's Central Statistics Office (CSO)

Inspiramais starts today

Jan 26, 2021 / Brazil
A new digital edition of Inspiramais is taking place today and tomorrow. With the theme Antidote, the design and material innovation program for the fashion world will present references for the 2022_I season, while reflecting on the changes caused by the pandemic

The importance of being in the relevant B2C marketplaces

Premium ContentJan 21, 2021 / World Footwear Reports
After bringing you a report with the analysis of the relevance of the B2C marketplaces for Fashion, today we focus on the importance of listing your brand and products in the most appropriate platforms

Nordstrom holiday sales fall by 22%

Jan 18, 2021 / United States
The American chain of luxury department stores announced a net sales decline of approximately 22% for the nine-week holiday period ended on the 2nd of January 2021, compared with the nine weeks ended on the 4th of January 2020

G-III enters the race to buy Arcadia

Jan 18, 2021 / United Kingdom
The New York-based group G-III Apparel is said to have entered the race to acquire Arcadia and to be among the top four candidates (Next, Boohoo and American-based Authentic Brands). However, G-III has not yet publicly confirmed

UK: online sales growth hits 13-year high

Jan 15, 2021 / United Kingdom
Following an outstanding performance in November, online retail sales growth in December remained high at 37% Year-on-Year (YoY) growth. Online retail sales growth for the full year stands at 36% YoY, resulting in the highest annual growth since 2007

London Fashion Week will be digital and with no audience

Jan 15, 2021 / United Kingdom
The event will run from the 19th to the 23rd February 2021, with both womenswear and menswear designers to take part in a gender-neutral showcase. London Fashion Week February 2021 will be a digital event, taking into account the most recent government restrictions in England

Paris cancels physical shows for January fashion weeks

Jan 15, 2021 / France
The two fashion weeks planned for this month in Paris - men's ready-to-wear and haute couture - will not have physical shows, as the French authorities decided to maintain the ban on the presence of an audience at events

Asos sees UK sales climb by 36%

Jan 14, 2021 / United Kingdom
The UK-based marketplace ASOS, home to 900+ small businesses, has announced a trading update for the four months ended on the 31st December 2020 with revenue growth ”surpassing expectations”

Gallery SHOES & Fashion postponed to April

Jan 14, 2021 / Germany
Originally scheduled to take place from the 7th to the 9th of March 2021, Gallery SHOES & Fashion will now be taking place after Easter, from the 18th to the 20th of April 2021, at the Areal Böhler in Düsseldorf. The corresponding Showroom Concept has been moved to April as well (16th-20th)

Prada’s December retail sales return to 2019 levels

Jan 13, 2021 / Italy
Progressive volume recovery in all geographical areas, with marked revenue growth in Asia Pacific was underlined by the luxury group brand

Denmark: all trade show activity suspended. CIFF goes digital

Jan 8, 2021 / Denmark
The Danish government’s extension of existing regulations and increasing COVID-19 restrictions results in all Danish trade show activity has been suspended until the 28th of February 2021. CIFF will be a digital event

Mada: meet Tinder for clothing

Dec 24, 2020 / United States
Madison Semarjian was a college freshman when she had the idea of creating a Tinder like app for clothing. The idea was to use AI to learn her personal style and then pull together outfits from a wide range of retailers
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