Retail
Genesco with new stock repurchase authorization
The Nashville-based footwear specialty retailer announced today that its board of directors has authorized it to repurchase up to 100 million US dollars of the company's common stock
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
Nike to move into new London headquarters
With the lease on its current UK headquarters set to expire in 2020, the US-based sportswear has reportedly signed a long-term lease for a new 11-storey building in the North London district of King’s Cross
Foot Locker to open Power Store in NY
The footwear giant is expected to open its first Power Store in New York City in the Washington Heights neighborhood. After London, Liverpool, Hong Kong and Detroit, now it's the time for NY to have a Foot Locker Power Store
Changes at J.Crew Group
The retail group initiated a review of ist strategic initiatives, including a potential IPO of Madewell. Michael J. Nicholson was named Interim Chief Executive Officer and Jack Weingart appointed to the Board of Directors
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
JCPenney to close stores in 2019
The American department store chain announced plans to close 27 stores this year. The closures include 18 full-time department stores and 9 home and furniture shops
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
Rise in fake goods trading
Trade in counterfeit and pirated goods has risen steadily in the last few years and now stands at 3.3% of global trade, according to a new report by the OECD and the EU’s Intellectual Property Office
Bids for LK Bennett
The UK-based premium fashion chain retailing womenswear, leather footwear and accessories collapsed into administration earlier this month. Now, bids for the business start to be known
New EMEA Director for Havaianas
Alpargatas, the owner of the Havaianas brand, appointed Scott Ziegler the brand's new Retail Director for the EMEA region-
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