Footwear
Armando Cabral opens immersive retail space in the US
The Portuguese model and businessman expanded his brand with an Afro-Centric immersive retail experience in the Rockefeller Centre named ARMANDO CABRAL Mercado
Allbirds expands distribution to Nordstrom
Nordstrom customers can now shop men's and women's Allbirds styles at 14 select stores.Later this year, Allbirds will expand their selection, which will be available to shop on Nordstrom.com, at Center Stage in New York City and in more Nordstrom stores
CCC posts revenue increase
Despite an unfavourable macro environment, the Polish-based footwear group posted revenue growth in the first quarter of fiscal 2022, as compared to the same period of the prior year
Dr. Martens launches trial resale scheme
The British footwear brand announced that it will partner up with Depop, a European online second-hand marketplace, in a trial programme to sell repaired and refurbished shoes
Australia: retail sales increase in April
The Australian retail turnover rose by 0.9% in April 2022, reaching another record level, according to the figures of Retail Trade published by the Australian Bureau of Statistics (ABS)
Inditex reports revenue growth
The fashion group posted revenue growth of 36% in the first quarter of 2022, year-over-year, driven by the recovery of in-store footfall and the success of its brands’ collections
UK Retail: retail prospects for the next months lean to the downside
In the first quarter of 2022, TCF (Textile, Clothing & Footwear) Retail Sales Index returned to pre-pandemic levels, showing that it is no longer sensitive to COVID-19. However, its positive behaviour is somewhat puzzling: consumer pessimism continues to plunge, most likely due to the rising inflation, which hit a record 7% in March, placing pressure on manufacturers’ costs. In addition, it is yet early to quantify the impact of Russia’s invasion of Ukraine on European retail markets
Designer Brands with sales growth
In the first quarter of fiscal 2022, the North-American company reported a net sales increase of 18.1% across every segment, and it said to be on track to double owned brand sales by 2026
Capri Holdings supports creation of the Versace Foundation
The company has guaranteed 10 million US dollars for the new foundation. The aim of the initiative is to support equality, wellness and safety for the LGBTQIA+ community
Foot Locker appoints first Chief Strategy & Transformation Officer
The US-based footwear retailer named Neil Bansal to the newly created position of Executive Vice President and Chief Strategy and Transformation Officer
Vivobarefoot partners with kids wear rental service Bundlee
The sustainable footwear brand established an exclusive partnership with Bundlee, a UK based-rental platform for children’s clothing, which is for the first time expanding into footwear
Average growth of footwear consumption to reach 5.9%
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the evolution of footwear consumption in 2022
Pou Chen posts net profit decline
The Taiwanese manufacturer of branded sports footwear reported a drop of 26.1% in net profit in the first quarter of 2022 due to fewer investment gains from its Nan Shan Life Insurance unit
Spain: turnover of the footwear industry in rising mode
The Spanish footwear sector continues its upward trend. In the first quarter of 2022, its turnover was up by 25.5%, on a comparable basis to the same period of 2021
Government in Pakistan imposes ban on luxury goods' imports
The Federal government of Pakistan has decided to impose a ban on the import of luxury goods. The measure is being announced as a preventive step to obviate the threatening default and contribute to control the escalating hike in the dollar against rupee-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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