Retail
Foot Locker and Asics launch exclusive collection
The two brands have gathered to announce the launch of the "Welcome to the Dojo" pack, an exclusive apparel and footwear collection inspired by ASICS' Japanese heritage
Sales of performance shoes down by 5%
While the market for athleisure shoes is flourishing, sales of performance shoes are going down
Nike is working on customer engagement
The US-based sportswear giant is set to bring back in-store traffic through Nike Live, a new tech-driven concept store at the intersection of digital and physical retail
Growing retail sales in the US
May retail sales increased by 0.7% seasonally adjusted over April and 5.6% unadjusted year-over-year as a growing economy prompted consumers to continue to spend, according to the National Retail Federation
High heel sales fall as women shift to comfort
Women are shifting their demand to more comfortable sneakers, as last year’s 37% increase in US women’s leisure sneaker sales suggests. Meanwhile, high heel sales are going down
Michael Kors exceeds expectations for revenue
The UK-based luxury group announced its financial results for 2018 fourth quarter and fiscal year, ended on the 31st March 2018. Expectations for revenue in the period were surpassed
Great Britain: Online sales continue to increase
A first estimate issued by the Office for National Statistics (ONS) indicates that retail sales in Great Britain continue to decline. Online sales increased again
Retail sales increase by 4.4%
According to the FDRA, Footwear Distributors and Retailers of America, quoting the National Retail Federation, February retail sales increased by 4.4% year-over-year as the economy continued to grow. The numbers exclude automobiles, gasoline stations and restaurants
Macy’s CFO to retire
Macy’s, Inc. announced Karen Hoguet, Chief Financial Officer, will retire by February 2019. Transition plan is underway
Obuv Rossii with good year
The Russia-based retail footwear chain closed the year with revenue growth of 8%. A good performance in the year the company held an IPO and raised 100 million US dollars in the transaction
Macy’s with solid holidays season
The Cincinnati-based company reported positive sales for November and December. The cost saving strategy continues in place with the company aiming to reinvest the savings of 300 million US dollars back into the business
Bata marks 1st year in Philippines
The global footwear brand Bata is celebrating its first anniversary in the Philippines market-
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