Retail
Moscow hit with shoe store closures
Local media are reporting that an estimated 7% of all garment and footwear shops in Moscow have closed as a consequence of the ongoing economic crisis
Clarks completes UK store Wi-Fi roll-out
The shoe retailer has completed the roll-out of new Wi-Fi services across its UK store network
Mixed results for the run specialty market in the US
According to the NPD Group, a global information company, the sports business in general in the US remains robust, but footwear sales presented mixed results in the first quarter
Shoe Carnival to launch new small store concept
New concept stores will have half of the size of a current Shoe Carnival store. The company expects consistent expansion over the next several years
Nike opens first European women's only store
The store was open in London at King’s Road, and it’s the third women’s only store for the brand. Nike opened similar stores in Shanghai (China) and Newport Beach (California) late last year
Skechers is number two brand in the US athletic footwear market
The US-based footwear company has announced the position based on reports by The Wall Street Journal (May 18th) and Money.com (May 19th)
Under Armour Asia plans expansion
Japanese trading company Mitsui & Co acquired a stake of Singapore-based company Triple, which runs Under Armour Asia
Nordstrom with shop by text service
With the new launch Nordstrom becomes the first retail company in the US offering customers the ability to shop and buy with a text message
Sarah Jessica Parker’ shoe line at Bloomingdale’s
New Yorkers, and visitors in town, will now find the shoes from the actress’ line in the Midtown Manhattan store
Farfetch buys Browns boutiques
Multibrand online fashion retailer Farfetch buys London based fashion boutiques as part of an omni-channel growth strategy. Deal has an undisclosed amount
Marks & Spencer set to sell branded trainers
The new product will be available resulting from a collaboration with upmarket sportswear brand Walsh. Trainers will be sold for roughly £110
Alibaba with 45% growth in revenue
While reporting the set of results for the quarter, the China-based giant has announced changes in the management team. Today, the purchase of a stake in a US-based online retailer was made public
Best omni-channel experience award for DSW
The recognition was given as part of the eBay Enterprise's Annual Imagine Commerce Conference held in Las Vegas
AAFA files complaint against Alibaba for counterfeit
The American Apparel and Footwear Association (AAFA) claims the existence of a “rampant proliferation of counterfeit apparel and footwear” on the Taobao platform of China-based company Alibaba-
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