Retail
J.Crew Group announces quarter results
The New-York based company announced financial results for the third quarter and first nine months of fiscal 2019. On the occasion a Transaction Support Agreement with Ad Hoc Group of Creditors has also announced
Reef signs new EMEA distributors
Reef Lifestyle, LLC announced it has entered into several new distribution agreements with leading footwear distributor partners across Europe, the Middle East and Africa (EMEA)
Brands to spend up to 15 billion US dollars on influencer marketing
According to The Influencer Marketing research report from Business Insider Intelligence brands are set to spend up to 15 billion Us dollars on influencer marketing by 2022
Crocs: Beth J. Kaplan joins Board of Directors
The US-based footwear brand known for its clogs has appointed Beth J. Kaplan appointed to its Board of Directors effective from the 1st of January 2020
Genesco with flat net sales
The US-based footwear group reported third quarter results. Despite reporting flat sales, the management says results exceeded expectations
Vibram ceases sales to Amazon USA
Vibram USA has stopped selling its Vibram FiveFingers products directly to Amazon USA. It is all part of a strategy to fully support its retail partners, the brand says
Retail sales grew by 4% in the US
Retail sales in October increased by 0.2% seasonally adjusted over September and were up by 4.2% unadjusted year-over-year, the National Retail Federation confirmed
NSRA names Retailer of the Year
The National Shoe Retailers Association (NSRA) named Molly and David Jackson as its 2019 Retailer of the Year and celebrated it during NSRA's leadership conference
Overcube: from the digital to the high street
The Portuguese-based marketplace, part of the Kyaia group, opened its first physical store in Lisbon
Shoe Carnival with growing sales and profit
The US-based retailer announced third quarter results with increasing net sales and net income, with growth rates of, respectively, 2% and 14% in the quarter
82% US shoppers leave apparel stores without purchasing
The conclusion comes from the 2019 Apparel Store Customer Experience Survey published by CB4 and considered the experiences of 1 500 US shoppers
Clarks widen losses
The UK-based footwear brand announced yearly results for the period ended on the 2nd of February. Clarks reported a loss after tax of 82.9 million British pounds
GOAT expands its offer to apparel and accessories
The marketplace specialised in sneakers is now adding new categories to offer luxury streetwear apparel and accessories from leading brands-
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