Shoes
Amazon announces year end results and CEO transition
The ecommerce giant announced its financial results for the fourth quarter and year ended on the 31st of December 2020. Founder and CEO Jeff Bezos will transition to the role of Executive Chair and Andy Jassy will become Chief Executive Officer
CCC: 2020 was not a bad year with sales broadly unchanged
The CCC Group ended the fourth quarter of 2020, which included January 2021, with sales broadly unchanged year on year. E-commerce grew by 84% year on year (Y-o-Y), with over 78% of sales generated via online channels in January alone
Designer Brands: net sales down by 30.1%
The Ohio-based company announced financial results for the three months ended on the 31st of October 2021. Net sales decreased by 30.1% to 652.9 million US dollars in the third quarter of fiscal 2020 compared to the same period last year
Boohoo buys several brands from Arcadia
The United Kingdom-based online fashion retailer acquired Dorothy Perkins, Burton and Wallis' brands, its intellectual property and stocks for 25.2 million British pounds in cash
Deckers with two digits increase in sales
The California-based company has announced third quarter results marked by a net sales increase of 14.8%. UGG and HOKA ONE ONE had increasing sales, while sales for Teva, Sanuk and Other Brands went down in the period
Latvia: major problem is significant drop in demand
According to the Central Statistical Bureau of Latvia there are only a few SME companies producing footwear and they have been operating with no specific limitations. We have spoken with the representatives of the industry to understand the current situation in the country
Skechers: sales down by 11.9% in 2020
The California-based footwear giant has announced fourth quarter and full year results for the period ended on the 31st of December 2020. Despite yearly sales declined by 11.9%, fourth quarter sales decreased by only 0.5%
Shoe Carnival announces preliminary sales with 5.8% growth
The Indiana-based footwear retailer announced preliminary results for the fourth quarter of fiscal year 2020. The company is now expecting to report net sales increasing to approximately 253.9 million US dollars (239.9 million US dollars in Q4 2019)
US Retail: footwear retail sales still below the 2018 average
No matter the seasonal hike in December, with flat retail sales of footwear since June 2020 and 20% lower than the 2018 average, the 1st quarter of 2021 will hardly beat this baseline. Even if one considers the hike in ecommerce, perspectives are not great. On top of that low consumer confidence and uncertainty regarding a full return of shoppers to the high street, add to the gloomy picture of retail in the US
New Generation: meet Gonçalo Valente
With a degree in Marketing Management, Gonçalo Valente belongs to the fourth generation of the family business Anonimanya, a Portuguese-based footwear factory
Tapestry: sales fall by 7% in holiday quarter
The New York-based house of modern luxury accessories and lifestyle brands reported results for the fiscal second quarter ended on the 26th of December 2020. Tapestry, the owner of Coach, Kate Spade and Stuart Weitzman registered a 7% decline in sales during the last quarter of the year
Indonesian footwear exports with 8.97% annual growth
According to Aprisindo, the Indonesian Footwear Association, the country's footwear industry has recorded a good performance in 2020, with exports experiencing an annual growth of 8.97%
MICAM, Mipel and Lineapelle: March's trade shows cancelled
The Milan-based fashion shows, MICAM, Lineapelle, MIPEL, HOMI and TheOne, which have joined forces in the #strongertogether exhibition project, have decided to cancel the physical trade fairs planned for March 2021 at the Fieramilano Rho exhibition centre
JD Sports Fashion to acquire US-based DTLR
The UK-based retailer of sports, fashion and outdoor brands, announces it entered into a conditional agreement for the acquisition of 100% of DTLR Villa LLC, a US-based lifestyle retailer with roughly 250 stores in 19 states
Japan Retail: YoY November retail sales could be misleading for 2021 forecasts
Looking at the most recent Year-on-Year retail sales variation in Japan can be quite misleading for any forecast, as retail sales in October-November seem to have been scarcely affected by the new COVID-19 outburst, when compared to 2019. In the same period the price indexes also showed little or no reaction to the pandemic, as they are at the same level as one year ago. The concern comes from a consumer confidence indicator which began to fade away in December-
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