The retail group initiated a review of ist strategic initiatives, including a potential IPO of Madewell. Michael J. Nicholson was named Interim Chief Executive Officer and Jack Weingart appointed to the Board of Directors
The sixth edition of the World Footwear Congress took place last week in Naples, located in an European region with high footwear industry representation. The debate focused on themes under the topic Digitalisation for a sustainable footwear industry
The American department store chain announced plans to close 27 stores this year. The closures include 18 full-time department stores and 9 home and furniture shops
The Germany-based sports brand is heavily investing in China, where its growth is three times higher than in the rest of the world. adidas plans to open 1 000 stores in China this year and expand ecommerce
The giant manufacturer of athletic and casual and outdoor footwear has announced its 2018 annual results. Revenue for the year rose by 6.3% to 9.70 billion US dollars (9.12 billion US dollars in the previous year)
The Management Board of the CCC Group published preliminary financial data for the fourth quarter of 2018, marked by impressive sales growth. The importance of the e-commerce channel is growing
Trade in counterfeit and pirated goods has risen steadily in the last few years and now stands at 3.3% of global trade, according to a new report by the OECD and the EU’s Intellectual Property Office
The UK-based premium fashion chain retailing womenswear, leather footwear and accessories collapsed into administration earlier this month. Now, bids for the business start to be known
The next edition of the World Footwear Congress is taking place in Naples from the 3rd to the 5th of April. The full program with speakers is now available
German shoe retailer Deichmann is investing in China and the US with several initiatives planned for 2019. The acquisition of shoe chain KicksUSA already took place
The US-based retailer completed its financial and operational restructuring and emerged from Chapter 11 under the majority equity ownership of CVC Credit Partners and Brigade Capital. Nine West renamed to Premier Brands
The US-based sporting goods chain reported falling sales and earnings for the fourth-quarter due to a calendar shift. For the full year, Dick’s Sporting Goods predicts consolidated same-store sales to be approximately 0%-2%
Seattle-based Nordstrom announced the appointment of two new members to its Board of Directors: Kirsten Green, Forerunner Ventures founder and Managing Director and Glenda McNeal, American Express Company Enterprise Strategic Partnerships President