World Footwear

Retail

Prada acquires Fratelli Prada

Nov 4, 2019 / Italy
Prada SpA bought Fratelli Prada, the company owner of the four Prada-branded stores in Milan. The deal should amount to 66 million euros

Hudson’s Bay Company to go private

Oct 30, 2019 / Canada
Definitive agreement with shareholders group on the privatization proposal follows an independent evaluation process and negotiations by a Special Committee of the Board of HBC and its advisors

ABG to acquire Barneys New York

Oct 28, 2019 / United States
With the aquisition of the legendary luxury retail brand ABG will enhance its luxury footprint and consolidate its position in the contemporary fashion segment

Arezzo sets a deal to distribute Vans in Brazil

Oct 25, 2019 / Brazil
VF entered in a deal with Arezzo & Co. to handle Vans' suppliers, logistics, distribution, franchising, e-commerce and store expansion in Brazil

Turkey: retail volume down in August

Oct 16, 2019 / Turkey
According to the Turkish Statistical Institute retail sales volume decreased by 4.3%, compared with the same month of the previous year

Allbirds to expand footprint

Oct 16, 2019 / United States
Online shoe brand Allbirds plans to more than double its store network in 2020. The brand says it cannot ignore most sales take place in the brick and mortar arena

Retail sales fall by 4.1% in Singapore

Oct 15, 2019 / Singapore
In its recent release the Department of Statistics in the country confirmed a drop in retail of 4.1% in August compared to similar month in 2018. Footwear with good performance

Australia: retail turnover improves

Oct 9, 2019 / Australia
Australian retail turnover rose by 0.4% in August 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures

Harvey Nichols has a repair service for luxury accessories

Oct 2, 2019 / United Kingdom
It is called The Restory and is an on-demand service offering modern after care for luxury fashion, starting with shoes, bags and leather goods. They are on hand to repair and restore the items

Office completes debt restructuring

Oct 2, 2019 / United Kingdom
South-Africa based Truworths announced that it has concluded an agreement to refinance the funding for its Office footwear retailer in the UK

Forever 21 files for bankruptcy

Sep 30, 2019 / United States
The fast fashion retailer of clothing and accessories filed for Chapter 11 bankruptcy. Forever 21 plans to close most of its stores in Asia and Europe

Chilean retailers impacted by fall in Argentine tourism flow

Sep 20, 2019 / Chile
In recent years citizens from Argentina have choosen Chile as a shopping and tourism destination taking advantage of a more open economy on the other side of the border. Now things seem to be changing

Dynamic revenue growth at CCC

Sep 18, 2019 / Poland
The Polish-based footwear group announced sales increase of 29% year-over-year in the second quarter of the current financial year

Nordstrom with new Chief Merchandising Officer

Sep 4, 2019 / United States
The Seattle-based fashion retailer named Teri Bariquit as the company's new Chief Merchandising Officer

Shoe Carnival with stable sales

Aug 30, 2019 / United States
The Indiana-based footwear company reported second quarter and first half results. Stable net sales were registered in both periods
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