Fashion

Italy's fashion industry asks authorities for clear decisions

Apr 1, 2021 / Italy

A statement was issued by some of the most important fashion entities of the country. They argue that trade fairs are an essential asset for SME’s and industry in Italy, and starting them up again would be an important trigger for recovery of the national economy

Companies Coronavirus - Covid19 Events Exhibition Fashion Footwear Italy Lineapelle Micam Shoes Trade fairs

European Retail: hard times during COVID-19

Premium ContentMar 24, 2021 / European Union

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

Companies Consumption Coronavirus - Covid19 Europe European Union Fashion Footwear

Zalando aims for 10% of Europe’s fashion market

Mar 24, 2021 / Germany

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

Brands Companies ecommerce Europe Fashion Germany Investment Results Sales Shoes Zalando

Prada: 24% drop in revenue and 200% growth in the online business

Mar 16, 2021 / Italy

Total net sales for the twelve months ended on the 31st of December 2020 totaled 2.39 billion euros, down by 23.6% at constant exchange rates (down by 24.9% at current exchange rates) compared with approximately 3.18 billion euros in 2019

Brands Companies Coronavirus - Covid19 Fashion Footwear Italy Luxury Prada Quarter Results Results

Ferragamo's revenue down by 33.5% in 2020

Mar 15, 2021 / Italy

The Italian luxury house reported sales of 916 million euros in fiscal 2020, down by 33.5%. Salvatore Ferragamo announced it had suffered a net loss of 72 million euros in 2020, in an economic context highly affected by the COVID-19 pandemic

Brands Companies Coronavirus - Covid19 Fashion Ferragamo Italy Luxury Sales Shoes

H&M sales fall by 21%

Mar 15, 2021 / Sweden

In the first quarter of 2021 H&M group’s net sales decreased by 21% in local currencies compared to similar period in the previous fiscal year. The Sweden-based group’s net sales amounted to 40 060 million Swedish Krona in the period

Brands Companies Coronavirus - Covid19 Fashion Footwear Quarter Results Results Retail Sweden

Macy's: sales down by 29% in fiscal 2020

Mar 15, 2021 / United States

The department store chain announced sales falling to 17.3 billion US dollars in the year ended on the 30th of January 2021. Net loss for the period totaled 3.9 billion US dollars

Companies Consumption Coronavirus - Covid19 ecommerce Fashion Footwear Macys Online Retail United States

Inditex: sales down by 28% in 2020

Mar 10, 2021 / Spain

The Spanish-based retail group Inditex also generated profit of 1.1 billion euros in its 2020 financial year, with the figures attributed to a leap in online sales and strong customer engagement

Brands Companies Coronavirus - Covid19 Fashion Footwear Manufacturing Results Retail Spain

Vestiaire Collective: financing round backed by Kering and Tiger Global Management

Mar 10, 2021 / France

The second-hand fashion platform announced the completion of a new 178 million euros financing round, backed by global French luxury group Kering and US investment firm Tiger Global Management

Brands Companies Fashion Footwear France Investment Italy Kering Luxury Pre-Owned Second-hand United States

Nordstrom sales drop by 20%

Mar 9, 2021 / United States

The Seattle-based luxury department store has announced results for the fourth quarter and fiscal year ended on the 30th of January 2021. Annual sales were down by 20%. Digital sales reached 2 billion US dollars and represented 54% of the business

Brands Companies Consumption Coronavirus - Covid19 Fashion Footwear Nordstrom Quarter Results Results United States

Christian Louboutin sells 24% stake to Ferrari owner

Mar 9, 2021 / France

Holding company Exor and Christian Louboutin announced a partnership whereby Exor will invest 541 million euros to become a 24% shareholder in Christian Louboutin, alongside the founders and will nominate 2 of the 7 members of the Company’s Board of Directors

Acquisitions Brands Companies Fashion Footwear France Louboutin Luxury

Join the new edition of the World Footwear Business Conditions Survey

Mar 8, 2021 / Business Conditions Survey

The WorldFootwear.com is asking all experts within the footwear industry to share their views about the current business situation and assess the main impacts of COVID-19. We also want your opinions on the post-pandemic issues. Join today! We want to hear you

Brands Business Conditions Survey Companies Consumption Coronavirus - Covid19 ecommerce Fashion Footwear Management Manufacturing Organisations Shoes World Footwear Reports

CHIC Shanghai to start on the 17th of March

Mar 8, 2021 / China

Due to new regulations to control the infection rate the fair will take place from the 17th to the 19th of March 2021. Originally, the fair was annnounced to take place from the 10th to the 12th of March

China Coronavirus - Covid19 Events Fashion Footwear Trade fairs

Retail associations merge in Germany

Mar 4, 2021 / Germany

The German retail associations representing apparel (BTE), footwear (BDSE) and leather goods (BLE) have decided to merge to form the BTE Handelsverband Textil, Schuh, Lederwaren (Trade association of textile, shoes and leather goods)

Coronavirus - Covid19 Fashion Footwear Germany Leather goods Organisations Retail Shoes

Marita Moreno is in the biggest fashion game in the world

Mar 3, 2021 / Portugal

It is one of the most famous virtual fashion games. It's called Covet Fashion and it allows users to create a dream virtual wardrobe and bring some of those pieces to real life

Brands Companies Fashion Footwear Partnerships Portugal Shoes

Page 23 of 36