Companies
Farfetch reaches profitability
The luxury e-commerce platform has announced revenue in 2020 which increased by 64% to 1.7 billion US dollars, with future sights set on China, after investments and deals made last year
Caleres adds Naturalizer & Sam Edelman distribution to its European business
The US-based footwear group is adding 2 brands through its European distribution office, based in Milton Keynes in the United Kingdom. Caleres aims to broaden the reach of its brand portfolio and strengthen connections with global consumers
Skechers wins ninth Footwear Plus Company of the Year award
For the ninth time in the past 15 years, Skechers has been chosen as Company of the Year by Footwear Plus. Skechers Kids also received the Excellence in Children’s Design Award
Tonal partners with Nordstrom to expand retail footprint
The home gym and personal trainer company announced that it partnered with Nordstrom to bring its intelligent strength training system to new customers across the country. With the partnership Tonal's retail footprint will increase to 40 stores across the US
Foot Locker: sales down by 5.7% in 2020
The sportswear giant has announced declining sales in 2020. Which did not come as a surprise given the COVID-19 scenario. The company’s Board of Directors approved a 33% boost in its quarterly dividend to 20 cents per share
AAFA calls on President Biden to prevent price increases on PPE
The American Apparel & Footwear Association (AAFA) sent a letter President Biden requesting the extension of tariff exemptions on imports of personal protective equipment (PPE) from China, such as face masks, that will expire on the 31st of March
CEO Giorgio Presca exits Clarks
According to several reports on the news, the CEO of Clarks has reportedly left the business. Other members of the company’s executive team are allegedly leaving as well
Steve Madden: revenue down by 32.8%
The US-based footwear brand has reported its results for the fourth quarter and year ended on the 31st of December 2020. Steve Madden's revenue was down by 32.8% in 2020
Crocs: record revenue in 2020
The brand known for its clogs just posted the highest quarterly revenue in its history. Record 2020 revenue of 1.4 billion US dollars increased 12.6% over last year. Digital sales grew 50.2% in 2020 to represent 41.5% of revenue
VF named one of the world’s most ethical companies
The recognition by Ethisphere honours those companies that outstand in leading, making values-based decisions and overall commitment to integrity. This was the fifth consecutive year VF Corporation got the nomination
Peter Foot is leaving Shoe Zone
Shoe Zone announced that Peter Foot, its Finance Director, has left the business with immediate effect
Asian recovery helps Hermès to limit impact of the crisis in 2020
The luxury group Hermès will withstand the health crisis in 2020 thanks to the strong recovery in Asia during the second semester, which compensates weak results in other regions, especially in Europe
Micam in extended online version
After having cancelled the physical edition, the Italian footwear trade show is having a digital version, running for three months. From the 8th of March to the 8th of May, the Micam Milano Digital Show will welcome exhibitors and visitors in a digital format
Deckers with first billion-dollar revenue quarter
Strong direct to consumer and ecommerce performance have pushed Deckers to a record quarter with its first time billion-dollar quarter revenue
Zouri: footwear with apple peels in children's version
The Portuguese-based brand launched a new collection of footwear for children. This time Zouri is using apple peels as a material to make shoes-
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