United States
Peru: footwear exports recover
The latest statistics from the Chamber of Commerce of Lima reveal that Peruvian exports of footwear, between January and April 2021, amounted to 6.5 million US dollars, representing growth of 30.6% to similar period of 2020
Volume of Brazilian footwear exports reaches 2019 levels
After a year of decline due to the impacts of the COVID-19 pandemic, the Brazilian footwear sector presents signs of a significant recovery in footwear exports in the first half of 2021
Capri raises fiscal 2022 guidance
The global fashion luxury group is raising its guidance for Fiscal 2022 revenue and adjusted earnings per share. This information and a broader view of Capri's vision, growth strategies and long-term outlook, was shared at the Company's Virtual Investor Day
Nordstrom acquires minority stake in Asos brands
Asos has formed a joint-venture with US-based multi-channel retailer Nordstrom, which will invest for a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands
VF announces year end results marked by growth in the last quarter
In the last fiscal year, the company suffered the impacts of the pandemic like many other retailers. However, VF's most recent quarter saw growth in key areas, with revenue growing by 23% in the last three months of the fiscal year
Nike with strong set of results
Nike reported fourth quarter revenue totalling 12.3 billion US dollars, up by 96% compared to prior year and increasing by 21% compared to the fourth quarter of 2019. Full year reported revenue increasing by 19% to 44.5 billion US dollars
Nike is the most resold fashion brand in the world
According to a new study conducted by Energy switching site SaveOnEnergy, Nike leads the rank of world’s most resold fashion brands. The site surveyed millions of listings across online resale platforms like eBay, Depop, ASOS Marketplace, Etsy and Vestiaire Collective
PVH is selling Heritage business to Authentic Brands Group
The American-based fashion company has announced it is exiting the Heritage Brands business with Sale of IZOD, Van Heusen, ARROW and Geoffrey Beene Brands to Authentic Brands Group. PVH is reinforcing focus on the global growth of Calvin Klein and Tommy Hilfiger
Wolverine announces next steps in planned CEO succession
The US-based footwear company has announced Brendan Hoffman, President and a member of the Company’s Board of Directors, will succeed Blake Krueger as CEO at the year end. Krueger will become Executive Chairman
Designer Brands announces new appointments
The US-based designer, producer and retailer of footwear and accessories announced two new executive appointments. Debbie Ferrée ais now President of Camuto Group and William L. Jordan President of Designer Brands Inc.
Shoe Carnival announces two-for-one stock split
The US-based retailer of footwear and accessories announced that its Board of Directors has authorized a two-for-one stock split of the company's common stock
US: Apparel and Footwear Industry welcomes suspension of retaliatory tariffs
The American Apparel & Footwear Association (AAFA) welcomed the announcement by the US Trade Representative (USTR) to end a dispute over aircraft subsidies, effectively suspending retaliatory tariffs on clothes, shoes, and fashion accessories imposed by the US and the EU
Pandemic’s impact on imports is alleviating
According to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, imports at the nation’s largest retail container ports saw their busiest April on record
Pinterest expands shopping features to more countries
Social network Pinterest announced the expansion of their shopping attributes to Australia, Canada, France and Germany. The shopping features were available first in the US and UK
Study finds 28% of runners started during the pandemic
This is according to a survey taken by RunRepeat which included 3.961 current runners to investigate how many began during the pandemic. The survey also aims to analyse some motivations and behaviours of current runners-
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