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Farfetch sued for allegedly misleading shareholders
The online luxury fashion retail platform is at the centre of a multiple lawsuit over allegation of misleading shareholders in its Initial Public Offering (IPO)
Digital changed the conversation between consumers and brands
Watch the interview to learn a bit more about brands, digital and China according to the views of Maria Amelia Odetti from Secoo
Tapestry with strategic alliance with Alibaba’s Tmall
The New York-based luxury house will be one of the first companies to collaborate with Tmall in adopting the recently unveiled Flagship Store 2.0, beginning later this month
Singaporeans spending less on clothing and shoes
The average household spent about 120 Singaporean dollars a month on clothing and footwear, down from about 160 Singaporean dollars in the 2012/2013 period. Data comes from a Government survey
Farfetch acquires New Guards Group
The London-based luxury ecommerce giant bought New Guards, the group owning brand Off-White, for a total value of 675 million US dollars. Farfetch plans to launch "Brands of the future"
Sara Maggioni (WGSN): Sustainability is a business imperative
The words are from Sara Maggioni, Head of Womenswear at WGSN, a trend forecasting company. Sara talked to us about sustainability and other hot topics of the footwear industry
Online retail in the UK to reach 53% by 2028
A new report by Retail Economics* and commissioned by law firm Womble Bond Dickinson (WBD) reveals that online shopping in the UK will account for more than 50% of retail sales over the next ten years
Asos to reduce staff
The British-based online retailer is said to be on the verge of implementing a plan to reduce its workforce, as reported by the Sunday Times a few days ago. The cuts should be made at headquarters in London
All the answers at the World Footwear Congress
The footwear industry gathered in Naples last month to discuss the pressing issues of the moment and to try to anticipate the challenges of tomorrow. Watch some of their ideas here
Kohl’s expands network of Amazon returns
Amazon customers will now have free, easy returns in all Kohl’s stores. The new functionality will be rolled out to all network of Kohl's locations this summer
Gucci's new strategy to connect with millennials
The Italian luxury brand of fashion and leather goods is opening 6 call centres. The aim of the strategy is to better interact with high-spending millennials engaging them with the brand
A successful World Footwear Congress
The sixth edition of the World Footwear Congress took place last week in Naples, located in an European region with high footwear industry representation. The debate focused on themes under the topic Digitalisation for a sustainable footwear industry
adidas invests in China to accelerate expansion
The Germany-based sports brand is heavily investing in China, where its growth is three times higher than in the rest of the world. adidas plans to open 1 000 stores in China this year and expand ecommerce
CCC increases sales by 25%
The Management Board of the CCC Group published preliminary financial data for the fourth quarter of 2018, marked by impressive sales growth. The importance of the e-commerce channel is growing
World Footwear Congress discusses sustainability
The next edition of the World Footwear Congress is taking place in Naples from the 3rd to the 5th of April. The full program with speakers is now available-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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