Shoes

Footwear sales in the US expected to stabilize and bounce back slightly in 2021

Oct 30, 2020 / United States

The forecast is from the NPD Group, which estimates that fourth quarter sales are positioned to significantly improve over year-to-date trends

Companies Coronavirus - Covid19 Footwear Retail Sales Shoes United States

Skechers announces third quarter results

Oct 30, 2020 / United States

The California-based footwear company reported sales of 1.30 billion US dollars in the third quarter of the year, a 3.9% decrease year-over-year, but a 78.3% increase from the second quarter of 2020

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Genesco appoints John F. Lambros to its Board of Directors

Oct 29, 2020 / United States

Lambros is President of GCA-US, a global investment bank. He serves as the head of GCA's digital media banking practice and is a member of its board of directors and executive committee. With this appointment Genesco's board now has eight members

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adidas set to sell Reebok

Oct 29, 2020 / Germany

Fashionnetwork is reporting, based on an article by German Manager Magazin, that adidas is planning to sell its Reebok division

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Joanne Crevoiserat is Tapestry's new CEO

Oct 28, 2020 / United States

The New York-based house of luxury accessories and lifestyle brands announced that its Board of Directors has appointed Joanne Crevoiserat as Chief Executive Officer, effective immediately

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Crocs: third quarter revenue grew by 16%

Oct 28, 2020 / United States

Revenue totaled 361.7 million US dollars, an increase of 15.7% from the same period last year, or 15.9% on a constant currency basis. E-commerce revenue grew by 36.3%, while wholesale increased by 12.4% and retail went up by 8.9%

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Brazil expects 1.2 million US dollars from digital networking meetings

Oct 26, 2020 / Brazil

According to Abicalçados the digital business networking meetings held by 20 Brazilian footwear brands with buyers from Latin America between the 24th of August and the 25th of September will likely generate 1.2 million US dollars in businesses

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Ferragamo launches 3D made-to-order service

Oct 26, 2020 / Italy

The Italy-based luxury brand is teaming up with Microsoft and its technological partner Hevolus for launching an innovative service to its customers. Hevolus's Augmented Store at Home platform is based on Microsoft's Cloud Computing and Mixed Reality technologies

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Footwear stores hit hard in Moscow and St. Petersburg

Oct 26, 2020 / Russian Federation

Shoe Intelligence, based on estimations by Moscow-based think tank Evotor, is reporting a 17% plunge in sales of independent footwear stores in Russia in September. Decline is more severe in Moscow and St. Petersburg

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Kering overcomes expectations despite 4.3% sales decline

Oct 23, 2020 / United States

The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance

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VF shows signs of recovery with higher than expected results

Oct 22, 2020 / United States

The owner of brands such as Vans, The North Face and Timberland, registered declining revenue in the second quarter (-18%). Notwistanding, VF's results have surpassed their internal expectations, which is being taken as a positive sign of recovery

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361 provides operational update

Oct 22, 2020 / Hong Kong

The Board of the Hong Kong based footwear company has provided operational updates for its business segments referring to the third quarter of 2020

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Savana launches new brand

Oct 22, 2020 / Portugal

For the Portuguese-based footwear company protecting the environment is as important as creating a good pair of shoes. With that thought in mind the company has launched a new brand

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LVMH: fashion and leather goods division with improved revenue

Oct 21, 2020 / France

The luxury group recorded revenue of 30.3 billion euros in the first nine months of 2020, down by 21%. Revenue was down by 7% in the third quarter, reflecting an improvement in trends, with a return to growth in the Fashion & Leather Goods segment

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