News
September's ILM is cancelled
The trade fair due to take place from the 5th to the 7th of September has been cancelled. The city of Offenbach has withdrawn the permission from Messe Offenbach GmbH for the ILM due to the development of the COVID-19 situation in the region
Genesco: net sales down by 20%
Net sales for the second quarter of fiscal 2021 decreased by 20%, mainly driven by store closures, a later start to back-to-school, lower store comps and lower wholesale sales. This was partially offset by digital comparable growth of 144%
Inspiramais with successful digital edition
The event dedicated to fashion materials design was held between the 25th and the 27th of August in its first 100% virtual format. According to the organization, during the 3 days of Inspiramais the 150 digital stands received 40 thousand visits
Caleres: net sales down by 33.4%
The US-based footwear company has registered a decline of 33.4% in net sales in the second quarter of the current fiscal year. Caleres expects the second half of 2020 to continue to be unpredictable
Capri appoints Hannah Colman as Jimmy Choo CEO
Company veteran Hannah Colman has been nominated as Jimmy Coo's new CEO. She started at the brand 24 years ago, as store manager at the brand's first boutique, in London
Timberland raises sustainability goals
Timberland’s products are now aimed to have a net positive impact on nature by 2030. To achieve it all products will be designed for circularity and made from natural materials sourced from regenerative agriculture
Geox announces first half results
Preliminary consolidated sales in the first half of 2020 amounted to 243.6 million euros, down by 39%. The group's direct e-commerce channel recorded significant growth with more 40% compared with the end of June 2019
China with declining market share
In 2019, the Asian country was the source for almost two out of every three pairs of shoes exported. However, China's market share has been declining. This is one of the main conclusions of the World Footwear 2020 Yearbook launched by APICCAPS
Ferragamo: revenue down by 46.6%
The group's consolidated revenue was down by 46.6% in the first half of the current year. However, Ferragamo sees encouraging signs as revenue performance in July is increasing in China, Korea and Japan
Ground your business decisions in the industry trends
The World Footwear 2020 Yearbook recently launched by APICCAPS (Portuguese Footwear Association) presents you the best analysis of the footwear industry main trends in 2019
Foot Locker with increase in sales
Comparable store sales in the period increased by 18.6%. Given the meaningful increase in sales reported, the Board reinstated the quarterly dividend program
Payless plans its comeback
The US-based discount footwear chain Payless is planning to open between 300 to 500 standalone stores over the next five years. This follows the company turning up from bankruptcy protection in January after closing all its 2 100 stores in the US
Première Vision turns digital
The upcoming edition of Première Vision Paris will now be held in a digital format on the previously scheduled dates, from the 15th to the 16th of September
Revenue down by 48% at VF
The company announced first quarter results marked by a decline of 48% in revenue. VF took the hit of the COVID-19 pandemic with stores closures at global level
Capri with revenue down by 66.5%
The UK-based group owner of Versace, Jimmy Choo and Michael Kors has announced first quarter results with a decline in revenue of 66.5%. CEP expects company to be back on growth trajectory in fiscal 2022
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