Companies
Foot Locker with increase in sales
Comparable store sales in the period increased by 18.6%. Given the meaningful increase in sales reported, the Board reinstated the quarterly dividend program
Payless plans its comeback
The US-based discount footwear chain Payless is planning to open between 300 to 500 standalone stores over the next five years. This follows the company turning up from bankruptcy protection in January after closing all its 2 100 stores in the US
Première Vision turns digital
The upcoming edition of Première Vision Paris will now be held in a digital format on the previously scheduled dates, from the 15th to the 16th of September
Crocs revenue down by 7.6%
Revenue of the brand totalled 331.5 million US dollars in the second quarter, a decline of 7.6% from the similar period in 2019. Given the unprecedent times related to COVID-19 the company is not providing third quarter guidance
Tapestry reports full year results
The New-York based luxury group has reported fourth quarter results marked by a 52.79% decline in revenue. Declining revenues have impacted the three brands of the Tapestry's portfolio
Sales of shoe stores in the US down by 56%
According to data from the USA Census Bureau and the analysis of the WorldFootwear.com, growth of sales of the shoe stores in the US has been on the red since the beginning of year
Deckers posts increase in net sales
The California based company announced first quarter results for the period ended on the 30th of June 2020. Skechers announced its net sales increased by 2.3% in the period
Prada: sales impacted by the lockdowns
With falling sales across all geographies and after 40% of stores being closed globally from February to May 2020, Patrizio Bertelli, Prada Group CEO said he is confident in growth for the second half of the year
Changes at adidas Supervisory Board
Thomas Rabe is the new Chairman of the Supervisory Board – Igor Landau’s term of office ends after 16 years – and Christian Klein was newly elected to the Supervisory Board
Famous Footwear in partnership with Ticket to Dream Foundation
Famous Footwear, a nationwide chain of retail stores in the United States dealing in branded footwear, is a division of the St. Louis-based Caleres and maintains more than 1 125 storefronts. Ticket to Dream is now its official national charity partner
Wolverine with better-than-expected revenue
The Michigan-based footwear company has reported revenue down by 38.6% in the second quarter. Despite the negative impact of the COVID-19 pandemic, Wolverine says these results were much stronger than expected
Kasper Rorsted confirmed as CEO of adidas for more 5 years
The Supervisory Board of adidas AG has extended the appointment of Chief Executive Officer Kasper Rorsted by another five years until the 31st of July 2026. Kasper Rorsted has been a member of the adidas Executive Board and the company's CEO since 2016
Inspiramais turns into a digital event
As previously informed, Inspiramais Digital will be a 100% virtual event, with no visitor limit and with a particular focus on fashion
Chanel buys Conceria Gaiera
This new deal will contribute to increasing Chanel’s control on the supply chain of leather. The French luxury brand had already made similar deals in the past
DW Sports chain goes into administration
The UK-based chain of gyms and sports retail has confirmed it will enter administration. At risk are 1 700 jobs. Company BDO has been nominated Administrator-
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