World Footwear

Retail

Shoe Carnival with growing sales and profit

Dec 4, 2019 / United States
The US-based retailer announced third quarter results with increasing net sales and net income, with growth rates of, respectively, 2% and 14% in the quarter

82% US shoppers leave apparel stores without purchasing

Nov 18, 2019 / United States
The conclusion comes from the 2019 Apparel Store Customer Experience Survey published by CB4 and considered the experiences of 1 500 US shoppers

Nike is ending its two-year deal with Amazon

Nov 14, 2019 / United States
The US-based athleticwear brand will end the partnership initiated in 2017 with Amazon and stop selling its products directly on Amazon’s website

Alibaba's Singles' Day sales top 38 billion US dollars

Nov 12, 2019 / China
The Hangzhou-based group announced that it generated 268.4 billion renminbi (38.4 billion US dollars) of gross merchandise volume (GMV) on 2019 Singles' Day

Clarks widen losses

Nov 8, 2019 / United Kingdom
The UK-based footwear brand announced yearly results for the period ended on the 2nd of February. Clarks reported a loss after tax of 82.9 million British pounds

GOAT expands its offer to apparel and accessories

Nov 5, 2019 / United States
The marketplace specialised in sneakers is now adding new categories to offer luxury streetwear apparel and accessories from leading brands

Prada acquires Fratelli Prada

Nov 4, 2019 / Italy
Prada SpA bought Fratelli Prada, the company owner of the four Prada-branded stores in Milan. The deal should amount to 66 million euros

Hudson’s Bay Company to go private

Oct 30, 2019 / Canada
Definitive agreement with shareholders group on the privatization proposal follows an independent evaluation process and negotiations by a Special Committee of the Board of HBC and its advisors

ABG to acquire Barneys New York

Oct 28, 2019 / United States
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

Oct 25, 2019 / 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

Oct 16, 2019 / Turkey
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

Oct 16, 2019 / United States
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

Retail sales fall by 4.1% in Singapore

Oct 15, 2019 / Singapore
In its recent release the Department of Statistics in the country confirmed a drop in retail of 4.1% in August compared to similar month in 2018. Footwear with good performance

Australia: retail turnover improves

Oct 9, 2019 / Australia
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

Oct 2, 2019 / United Kingdom
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
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