World Footwear

Companies

VF Corp to open multi-brand retail store In Milan

Jul 23, 2020 / Italy
The US-based group plans to open its first multi-brand store this fall. The location chosen was Milan (Italy). The store, inside a historic building at 11 Orefici Street, will feature collections from The North Face, Timberland and Napapijri with other VF brands

Is your store or brand ready for customers after COVID-19?

Premium ContentJul 22, 2020 / Coronavirus - Covid19
In the new normality of the post-COVID-19 the retailers' activities to promoting safety, protection and health measures for employees, customers and suppliers becomes key. Brand managers also have to think about several topics not to miss important opportunities for their businesses. Do you want to know more?

Open Your Mind campaign: initiatives in Portugal

Jul 22, 2020 / Portugal
Promoted by the European Commission, through the Executive Agency for Small and Medium-sized Enterprises and DG GROW (Directorate General for Internal Market, Industry, Entrepreneurship and SMEs), the campaign is presenting itself to young people

Tapestry with interim leadership changes

Jul 22, 2020 / United States
The New York-based house of modern luxury accessories and lifestyle brands, announced that effective immediately, Jide Zeitlin, Chairman and Chief Executive Officer, has resigned from the Company and its Board of Directors for personal reasons

361 with decline in sales

Jul 21, 2020 / Hong Kong
The Board of the Hong Kong based footwear company has provided operational updates for its business segments referring to the second quarter of 2020

Iconix Brand Group is exploring sale

Jul 21, 2020 / United States
The Board of the Iconix Brand Group has decided to broaden its exploration of strategic alternatives available to the company to enhance shareholder value, including a potential sale

How to Communicate Sustainability?

Premium ContentJul 20, 2020 / World Footwear Reports
Consumers are increasingly aware of the environmental issues and are become demanding regarding the products they buy. Are companies thinking about sustainability? And are companies communicating what they are doing?

Coronavirus driven lockdowns return to the US

Premium ContentJul 20, 2020 / United States
Some US states such as California and Oregon are bringing back orders to lockdown as new cases of people infected with coronavirus continue to climb. Consumers in badly hit areas might not feel comfortable to visit stores

Mandatory footwear labeling is introduced in Russia

Jul 20, 2020 / Russian Federation
After several delays and despite the continuing complaints by market operators, Russian authorities have introduced a mandatory labelling of footwear on the domestic market. This is effective since the 1st of July and applies to domestic and imported footwear

CCC: revenue down by 21%, but e-commerce is getting strong

Jul 20, 2020 / Poland
The CCC Group ended the second quarter with revenue of nearly 290 million euros, 21% lower than a year ago. The decrease in revenue was the result of pandemic and temporary store closures. E-commerce generated almost half of revenue in the quarter

Nike, Zara and adidas are the most valuable fashion brands

Jul 17, 2020 / World
The BrandZ top 100 ranking of the world’s most valuable brands, released by WPP and Kantar, listed the Germany-based brand as number one brand in the apparel category. Nike is followed by European-based brands Zara and adidas

Burberry’s sales down by 45% in first quarter

Jul 17, 2020 / United Kingdom
Comparable sales of the Britain-based luxury brand declined by 45% in the first quarter, easing to -20% in June. Growth in Mainland China and Korea in June was ahead of pre Covid-19 levels, with sales of full-price leather goods up strongly in these regions

RTW Retailwinds voluntarily files Chapter 11 Bankruptcy

Jul 16, 2020 / United States
As a result, the retailer expects to close a significant portion of its brick-and-mortar stores. Company expects to fully repay approximately 12.7 million US dollars in remaining loan outstanding

ACLE 2020 rescheduled to 2021

Jul 16, 2020 / China
In face of the unprecedented global COVID-19 pandemic, the organisers of All China Leather Exhibition (ACLE), APLF and the China Leather Industry Association (CLIA) have decided to postpone the 2020 event for next year

Richemont: quarter sales down by 47%

Jul 16, 2020 / Switzerland
During the quarter under review, the group’s trading and operations were strongly impacted by Covid-19 and sales contracted significantly across all regions, channels and business areas, notwithstanding a 49% increase in China
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