World Footwear

Fashion

G-III enters the race to buy Arcadia

Jan 18, 2021 / United Kingdom
The New York-based group G-III Apparel is said to have entered the race to acquire Arcadia and to be among the top four candidates (Next, Boohoo and American-based Authentic Brands). However, G-III has not yet publicly confirmed

UK: online sales growth hits 13-year high

Jan 15, 2021 / United Kingdom
Following an outstanding performance in November, online retail sales growth in December remained high at 37% Year-on-Year (YoY) growth. Online retail sales growth for the full year stands at 36% YoY, resulting in the highest annual growth since 2007

London Fashion Week will be digital and with no audience

Jan 15, 2021 / United Kingdom
The event will run from the 19th to the 23rd February 2021, with both womenswear and menswear designers to take part in a gender-neutral showcase. London Fashion Week February 2021 will be a digital event, taking into account the most recent government restrictions in England

Paris cancels physical shows for January fashion weeks

Jan 15, 2021 / France
The two fashion weeks planned for this month in Paris - men's ready-to-wear and haute couture - will not have physical shows, as the French authorities decided to maintain the ban on the presence of an audience at events

Asos sees UK sales climb by 36%

Jan 14, 2021 / United Kingdom
The UK-based marketplace ASOS, home to 900+ small businesses, has announced a trading update for the four months ended on the 31st December 2020 with revenue growth ”surpassing expectations”

Gallery SHOES & Fashion postponed to April

Jan 14, 2021 / Germany
Originally scheduled to take place from the 7th to the 9th of March 2021, Gallery SHOES & Fashion will now be taking place after Easter, from the 18th to the 20th of April 2021, at the Areal Böhler in Düsseldorf. The corresponding Showroom Concept has been moved to April as well (16th-20th)

Prada’s December retail sales return to 2019 levels

Jan 13, 2021 / Italy
Progressive volume recovery in all geographical areas, with marked revenue growth in Asia Pacific was underlined by the luxury group brand

Denmark: all trade show activity suspended. CIFF goes digital

Jan 8, 2021 / Denmark
The Danish government’s extension of existing regulations and increasing COVID-19 restrictions results in all Danish trade show activity has been suspended until the 28th of February 2021. CIFF will be a digital event

Mada: meet Tinder for clothing

Dec 24, 2020 / United States
Madison Semarjian was a college freshman when she had the idea of creating a Tinder like app for clothing. The idea was to use AI to learn her personal style and then pull together outfits from a wide range of retailers

Gucci joins Alibaba's luxury e-commerce site

Dec 23, 2020 / China
One of the key brands of the Kering group's portfolio, will open two stores on Alibaba's online trading platform, in a move that underlines the importance of the Chinese market for luxury brands heavily affected by the coronavirus crisis

Growing secondhand market to currently be worth 30-40 billion US dollars

Dec 22, 2020 / United States
According to a report by the Boston Consulting Group and Vestiaire Collective, the global secondhand market is predicted to have a compound annual growth rate (CAGR) of 15% to 20% over the next five years

Amazon launches clothing customization service

Dec 21, 2020 / United States
The giant e-commerce player said it is taking clothing customization to an affordable level thanks to the launch of the service Made for You. For now, the service is only available in the United States

Farfetch sets 10-year sustainability goals

Dec 18, 2020 / United Kingdom
The online fashion retailer has announced a set of sustainability goals for the next ten years divided in four main areas, ranging from being climate positive to promoting conscious inclusion

Live shopping: a new business model

Dec 16, 2020 / China
This format of video streaming commerce is becoming very popular, especially in China. Marketing companies want to take this digital strategy across borders, focusing on hitting the European and the US markets

Digital sales up by 27% at Macy's

Dec 15, 2020 / United States
The American department store chain reported digital sales growing by 27% in the third quarter. and comparable sales down by 21.0%, as a result of continued stores recovery and continued growth of digital business
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