World Footwear

Brands

Growing secondhand market to currently be worth 30-40 billion US dollars

Dec 22, 2020 / United States
According to a report by the Boston Consulting Group and Vestiaire Collective, the global secondhand market is predicted to have a compound annual growth rate (CAGR) of 15% to 20% over the next five years

Ara Portugal celebrates 46 years

Dec 22, 2020 / Portugal
This December, Ara Shoes Portugal is celebrating 46 years. Established in the country in 1974, the German group, was one of the first multinationals in the footwear sector to invest in Portugal

Foot Locker CFO Lauren B. Peters to retire in April 2021

Dec 22, 2020 / United States
The New York-based specialty athletic retailer announced the planned retirement of Lauren B. Peters, Foot Locker's Executive Vice President and Chief Financial Officer. Foot Locker has initiated a comprehensive search process

John Camuto, member of the Camuto Shoe Family, dies at 31

Dec 21, 2020 / United States
The former footwear executive, son of footwear legend Vince Camuto, has died over the weekend. He was 31 and the cause of death is believed to be a heart attack, according to the family

Arcadia’s Evans brand acquired by Australia’s City Chic for 23 million British pounds

Dec 21, 2020 / United Kingdom
The agreement includes the acquisition of the Evans brand, the eCommerce and wholesale businesses for 23.1 million British pounds in cash by City Chic. This deal, excludes the brick and mortar stores and follows Arcadia entering into administration a few weeks ago

Bata Shoe appoints Sandeep Kataria as New CEO

Dec 16, 2020 / Switzerland
The Bata Shoe Organisation announced the appointment of Sandeep Kataria as CEO, who has served as CEO of Bata India since 2017, and takes over the global CEO role from Alexis Nasard, who has stepped down to assume a professional opportunity outside the organisation

Live shopping: a new business model

Dec 16, 2020 / China
This format of video streaming commerce is becoming very popular, especially in China. Marketing companies want to take this digital strategy across borders, focusing on hitting the European and the US markets

Under Armour to sell The MyFitnessPal platform

Dec 15, 2020 / United States
The US-based branded athletic performance apparel, footwear and accessories, announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners

Digital sales up by 27% at Macy's

Dec 15, 2020 / United States
The American department store chain reported digital sales growing by 27% in the third quarter. and comparable sales down by 21.0%, as a result of continued stores recovery and continued growth of digital business

Jovan receives double certification

Dec 15, 2020 / Portugal
Portuguese company Jovan has just been double certified by the SGQA - Quality and Environment Management system (ISO 9001 and ISO 14001). Quality and the environment are top priority in this company dedicated to manufacturing footwear for adults and children

US shopping app downloads with a record of 2.8 million on Black Friday

Dec 14, 2020 / United States
According to preliminary estimates by Sensor Tower Store Intelligence, mobile shopping app installation hit a new single-day record on Black Friday, with around 2.8 million downloads, up by nearly 8% year over year

Zalando: co-CEO Rubin Ritter resigns

Dec 14, 2020 / Germany
Rubin Ritter, co-CEO of the Germany-based online fashion company since 2010, will step down next year, leaving the leadership of the company on the hands of co-CEO's Robert Gentz and David Schneider. Ritter says he aims to back his wife’s career

Caleres declares quarterly dividend

Dec 11, 2020 / United States
This dividend will be the 391st consecutive quarterly dividend paid by the company

Genesco: sales down but better than expected

Dec 10, 2020 / United States
Net sales for the third quarter of fiscal 2021 decreased by 11%. Genesco says this sales results exceeded expectations and translate the return of the company to profitability

Chloé appoints Gabriela Hearst Artistic Director

Dec 9, 2020 / France
The Richemont-owned French luxury fashion house announced the appointment of Gabriela Hearst to the position of Artistic Director after making official the departure of Natacha Ramsay-Levi last week
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