Retail
Buy Less, Buy Better
While we have been encouraged to stop overconsumption for many years now, this pandemic may have created the perfect opportunity for this shift in consumer behaviour to happen. What business tips arise from here?
Genesco: sales down by 44%
The US-based group has announced first quarter results marked by a decline of 44% in net sales. The sales decrease was driven by the closure of stores for the back half of the first quarter
Kurt Geiger to donate first month of store profits to the NHS
The British-based retailer is set to give all store profits from the first month of trading after the lockdown to the National Health Service (NHS)
Retail Re-opening: Impacts on the Global Supply Chain
As the world became global the advantages of access to resources, reducing costs, increasing efficiency and universal reach are undeniable. Nevertheless, in a globalized economy not only gains but also risks spread rapidly
Retail Re-opening: Digital Presence
Digital presence and all that relates to online has been a main trend in the last few years. The shift from in-store to online shopping was boosted during the COVID-19 crisis and it seems to be here to stay
Is your store ready for customers after COVID-19?
As stores start to re-open and we all get used to a new normality, the retailers' activities concerning promoting safety, protection and health measures for employees, customers and suppliers become key
Retail Re-opening: New Shopping Experience
Fashion retailers are facing new challenges over the shopping experience. After reopening, it is likely that customers will not be as willing to touch the products they are buying as they were before or feel safe trying on clothes and shoes in fitting rooms
Trends in athletic footwear
Many countries are still under some sort of restrictions that includes the practice of most collective sports and the use of indoor gyms. What is the expected impact in athletic footwear sales?
Retail Re-opening: let's talk about Inventory?
Inventory is a sensitive topic to every business. There is an equilibrium between overstocking, which requires space and investment, and underestimating sales, which directly leads to losses. Nowadays, an effective management of inventory becomes crucial
Schuh is re-opening most stores
The footwear retailer is set to reopen most of its stores in England and Ireland today. Reduced opening hours will be imposed, alongside with other health and safety measures
Canada: return to business
In a country with roughly 99 thousand cases, all the regions are now at different stages of their return to business. Some activities have opened and others, such as restaurants, will open within the next few weeks
Trends of the industry as retail re-opens: Comfort at home
The World Footwear brings you a new Guidebook with Business Tips and Health and Safety Recommendations for Brand Managers and Retailers. Today we will talk about Comfort at Home
Online sales deliver more than 40% of Wolverine’s revenue
The Michigan-based company said owned e-commerce grew by more than 90% in the first nine weeks of the second quarter of fiscal 2020, delivering more than 40% of Wolverine's revenue, a better-than-expected performance
adidas: business in China returns to growth
In Greater China, adidas' first major market on the road to recovery, all stores have been open since mid-April. While store traffic remained below the prior year level in May, sales returned to growth
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