World Footwear

Fashion

Hermès reports strong sales across all segments

Apr 19, 2022 / France
The French-based luxury group reached revenue of 2.77 billion euros in the first quarter of 2022, thanks to the acceleration in all the business lines and sustained growth in leather goods

Digitization and new consumer trends drove growth in 2021

Premium ContentApr 18, 2022 / World
2020 was a challenging year for most companies thanks to the outbreak of the COVID-19 pandemic, which led to severe supply chain disruptions throughout the globe, periods of halting in operations and physical retail, and an increase in raw materials and transportation costs. However, by mid-2021, there were already signs that things were taking a turn for the better, and some companies have managed to equal and even exceed their pre-pandemic performances. We took a look into the full-year 2021 results of some of the largest companies worldwide to observe how they pulled through the challenges brought by the COVID-19 pandemic

Tapestry donates 3 million USD to World Wildlife Fund

Apr 14, 2022 / United States
The Tapestry Foundation will provide a 3 million US dollars grant to support the development of an innovative system to enhance the traceability of the leather value chain in Brazil

LVMH off to a good start in 2022

Apr 14, 2022 / France
The luxury group reported revenue growth in the first quarter of 2022, but remains vigilant due to "the current geopolitical context and the ongoing impact of the pandemic”, especially in China

Zalando strengthens senior leadership team

Apr 13, 2022 / Germany
The German-based online platform has announced that Padmaja Bommareddy will join the company in the role of Senior Vice President (SVP) of Corporate Development

Less than 20% of retailers on track to meet sustainability targets

Apr 8, 2022 / World
A study found that sustainability is now a strategic priority for retail businesses, but the vast majority is still failing to make meaningful progress

Capri to donate products to aid refugees of the war in Ukraine

Apr 6, 2022 / United Kingdom
The luxury group has announced that it will donate over 1 million euros in essential clothing from Versace, Jimmy Choo and Michael Kors to aid those displaced by the war in Ukraine

Farfetch invests up to 200 million US dollars in Neiman Marcus

Apr 6, 2022 / United Kingdom
The luxury e-commerce platform has announced a global strategic partnership with the US-based omnichannel luxury retailer Neiman Marcus Group (NMG)

H&M posts profit

Apr 1, 2022 / Sweden
The Sweden-based fashion group reported net sales growth in the first quarter of the current fiscal year, amidst concern over the impact of the Russia-Ukraine war

adidas adopts traceability solution for material compliance

Mar 24, 2022 / Germany
The company is among the first ones to adopt the Stockholm-based company TrusTrace Certified Material compliance solution, which enables near real-time traceability at the material level

Inditex posts sales above pre-pandemic levels

Mar 18, 2022 / Spain
The group reported revenue of 27.72 billion euros in 2021, despite COVID-19's impact in the first and fourth quarters. Online channel continues to gain track, representing 25.5% of total sales

MICAM closes with nearly 30 thousand visitors

Mar 17, 2022 / Italy
Under the #BetterTogether hashtag, the four trade fairs dedicated to fashion and accessories showcased products of over 1 400 brands, confirming the events as a singular opportunity for networking

APLF set to return in a special edition in Dubai

Mar 16, 2022 / United Arab Emirates
After an absence of two years since its last edition in Hong Kong, APLF returns to be held in the Dubai World Trade Centre (DWTC) from the 30th March to the 1st of April 2022

Spain Retail: leaving COVID-19 fears behind

Premium ContentMar 11, 2022 / Spain
Despite the spread of the Omicron variant in the last quarter of 2021, the TCF retail sales index shows overall a slow, but positive trend, and retailers’ confidence has not returned below pre-pandemic levels. Consumers are less optimistic, but the results are not substantially worse than two years ago. At the same time, they have embraced e-commerce, which seems to have demarcated itself from the course of the pandemic

Aymod set to open its doors

Mar 11, 2022 / Turkey
The Turkish’s largest footwear fair, which will be held from the 30th of March to the 2nd of April, in Istanbul, is ready to welcome approximately 450 companies and more than 40 000 visitors
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