World Footwear

Retail

Michael Kors exceeds expectations for revenue

May 30, 2018 / United Kingdom
The UK-based luxury group announced its financial results for 2018 fourth quarter and fiscal year, ended on the 31st March 2018. Expectations for revenue in the period were surpassed

Farfetch to mentor start-ups

Apr 30, 2018 / Portugal
Named Dream Assembly, the technology accelerator powered by Farfetch, aims to give selected start-ups the opportunity to join a programme of mentorship and networking. Access to early-stage funding also included

Great Britain: Online sales continue to increase

Apr 20, 2018 / Great Britain
A first estimate issued by the Office for National Statistics (ONS) indicates that retail sales in Great Britain continue to decline. Online sales increased again

Retail sales increase by 4.4%

Apr 10, 2018 / United States
According to the FDRA, Footwear Distributors and Retailers of America, quoting the National Retail Federation, February retail sales increased by 4.4% year-over-year as the economy continued to grow. The numbers exclude automobiles, gasoline stations and restaurants

Macy’s CFO to retire

Apr 9, 2018 / United States
Macy’s, Inc. announced Karen Hoguet, Chief Financial Officer, will retire by February 2019. Transition plan is underway

CCC: revenue grows by 32%

Mar 29, 2018 / Poland
The Polish-based company closed the year with revenue growing by as much as one third. The company is focusing on developing its online business

Obuv Rossii with good year

Jan 31, 2018 / Russian Federation
The Russia-based retail footwear chain closed the year with revenue growth of 8%. A good performance in the year the company held an IPO and raised 100 million US dollars in the transaction

Double digit growth for CCC

Jan 10, 2018 / Poland
The Polish-based footwear company has announced sales growth of 41.9% in the last month of the year. Revenue in 2017 should cross the 30% threshold

Macy’s with solid holidays season

Jan 4, 2018 / United States
The Cincinnati-based company reported positive sales for November and December. The cost saving strategy continues in place with the company aiming to reinvest the savings of 300 million US dollars back into  the business

Bata marks 1st year in Philippines

Dec 18, 2017 / Philippines
The global footwear brand Bata is celebrating its first anniversary in the Philippines market

Better than expected month for athletic footwear

Dec 14, 2017 / United States
According to the NPD Group’s, US athletic footwear sales were better than expected in November, likely driven by the unprecedented promotional environment

Australian retail sales rebound

Dec 6, 2017 / Australia
Australian retail turnover rose by 0.5% in October 2017 according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. Footwear category was one of the major contributors

Eureka opens store in Frankfurt

Nov 17, 2017 / Germany
The Portuguese footwear brand takes another step in its internationalization process, now opening its fifth store outside Portugal

Niketown to open in Dubai

Nov 15, 2017 / United Arab Emirates
Nike will upgrade its retail offering in Dubai in 2018. A Niketow flagship store should open in the region next year

adidas largest flagship store opens in Chicago

Oct 25, 2017 / Germany
The sportswear giant just opened its newest flagship in Chicago: the largest adidas Originals store in the world. A limited-edition EQT ADV SUPPORT Wicker Park shoe was created for the Chicago store
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