World Footwear

Brands

YFF debuts in Milan

Oct 29, 2020 / Portugal
Portuguese-based brand YFF - Young Fashion Footwear - presented itself to the world in Milan, during the last edition of Micam, for the first time

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%

Kurt Geiger plans 500 job cuts as UK's intends to end tax-free shopping

Oct 26, 2020 / United Kingdom
The luxury footwear and accessories retailer plans to cut 500 jobs, a quarter of its workforce, early next year after the British government announced that it plans to abolish tax-free shopping by the end of the current year

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

Prada appoints Malika Savell Chief Diversity, Equity and Inclusion Officer

Oct 23, 2020 / North America
After Chanel, Gucci and Kering, it is Prada's turn to create a position as Director of Diversity, Equity and Inclusion Officer and Malika Savell has been appointed to the position in Prada North America

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

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

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

Amy Hunter is Caleres new Vice President of Diversity, Equity and Inclusion

Oct 21, 2020 / United States
The St. Louis-based company has announced Amy Hunter will join the company as Vice President of Diversity, Equity and Inclusion, effective from today

Ennio Fontana takes on the leadership of Roberto Cavalli

Oct 21, 2020 / Italy
The Italy-based company confirmed the appointment of Ennio Fontana as their new General Manager. Ennio Fontana, who worked for twenty years alongside Philipp Plein, is now taking over the reins of Roberto Cavalli

Get to know Tentoes: Made in Nature

Oct 20, 2020 / Portugal
Born in the heart of the Felgueiras-based footwear group Carité, which owns the J.Reinaldo brand, Tentoes: Made in Nature was presented at the last edition of the trade fair Micam

CCC with fast sales recovery of the online channel

Oct 19, 2020 / Poland
The Polish-based group finished the second and third quarters of 2020 with strong sales growth in the e-commerce channel, reporting revenue increase of 82% and 60% year on year, respectively

COVID-19 intensifies Mulberry's losses

Oct 16, 2020 / United Kingdom
The UK-based handbag and accessories retailer has been hit particularly hard by COVID-19. When announcing last year's results, Mulberry confirmed a 10% decline in revenue

Clarks to close 50 stores

Oct 16, 2020 / United Kingdom
Clarks is expected to go ahead with a Company Voluntary Arrangement (CVA) which can result in the closure of several of its shops in order to secure a capital injection from Hong Kong-based private equity firm LionRock, Sky News reported

Nike leads list of world’s most marketed brands

Oct 9, 2020 / World
According to the ranking World’s 50 Most Marketed Brands powered by Hookit, Nike derived 461.9 million US dollars in total sponsorship value from nearly 12 000 promoters and 5.56 billion social media engagements in the 12 months through August 2020
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