Retail
ABG to acquire Barneys New York
With the aquisition of the legendary luxury retail brand ABG will enhance its luxury footprint and consolidate its position in the contemporary fashion segment
Arezzo sets a deal to distribute Vans in Brazil
VF entered in a deal with Arezzo & Co. to handle Vans' suppliers, logistics, distribution, franchising, e-commerce and store expansion in Brazil
Turkey: retail volume down in August
According to the Turkish Statistical Institute retail sales volume decreased by 4.3%, compared with the same month of the previous year
Allbirds to expand footprint
Online shoe brand Allbirds plans to more than double its store network in 2020. The brand says it cannot ignore most sales take place in the brick and mortar arena
Australia: retail turnover improves
Australian retail turnover rose by 0.4% in August 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures
Harvey Nichols has a repair service for luxury accessories
It is called The Restory and is an on-demand service offering modern after care for luxury fashion, starting with shoes, bags and leather goods. They are on hand to repair and restore the items
Office completes debt restructuring
South-Africa based Truworths announced that it has concluded an agreement to refinance the funding for its Office footwear retailer in the UK
Forever 21 files for bankruptcy
The fast fashion retailer of clothing and accessories filed for Chapter 11 bankruptcy. Forever 21 plans to close most of its stores in Asia and Europe
Chilean retailers impacted by fall in Argentine tourism flow
In recent years citizens from Argentina have choosen Chile as a shopping and tourism destination taking advantage of a more open economy on the other side of the border. Now things seem to be changing
Dynamic revenue growth at CCC
The Polish-based footwear group announced sales increase of 29% year-over-year in the second quarter of the current financial year
Nordstrom with new Chief Merchandising Officer
The Seattle-based fashion retailer named Teri Bariquit as the company's new Chief Merchandising Officer
Shoe Carnival with stable sales
The Indiana-based footwear company reported second quarter and first half results. Stable net sales were registered in both periods
Good momentum for DSW's revenue
The Ohio-based footwear group has reported strong revenue in the second quarter and first half, with rates of 8.2% and 15.3% growth respectively reported
Trump announces new tariffs
President Trump announced increased tariffs on another set of goods from China. This is the US response to China’s promise to tariff 75 billion US dollars worth of American goods if Trump pressed forward with his planned tariffs-
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Footwear Consumer 2030
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