Shoe Intelligence, based on estimations by Moscow-based think tank Evotor, is reporting a 17% plunge in sales of independent footwear stores in Russia in September. Decline is more severe in Moscow and St. Petersburg
The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance
The owner of brands such as Vans, The North Face and Timberland, registered declining revenue in the second quarter (-18%). Notwistanding, VF's results have surpassed their internal expectations, which is being taken as a positive sign of recovery
Nike’s revenue in the first quarter decreased by 1% totalling 10.6 billion US dollars and was flat to prior year on a currency-neutral basis. The sportswear giant reported first quarter digital sales growing by 82%
As of the 30th of June 2020 the Salvatore Ferragamo Group reported total revenue of 377 million euros down by 46.6% at current exchange rates (-46.9% at constant exchange rates), which compares to 705 million euros in the first half of 2019
The US-based footwear retailer formerly known as DSW reported double-digit decline in sales in the first semester as a result of the impact of the COVID-19 pandemic on the consumer behaviour and on the business ever-changing environment
Part of the German Deichmann SE group, one of Europe’s largest shoe retailers, vanHaren has 143 stores in The Netherlands and 16 shops in Belgium, whose network of locations will increase with the acquisition
The US-based footwear company has registered a decline of 33.4% in net sales in the second quarter of the current fiscal year. Caleres expects the second half of 2020 to continue to be unpredictable
Preliminary consolidated sales in the first half of 2020 amounted to 243.6 million euros, down by 39%. The group's direct e-commerce channel recorded significant growth with more 40% compared with the end of June 2019
The company announced first quarter results marked by a decline of 48% in revenue. VF took the hit of the COVID-19 pandemic with stores closures at global level
According to data from the USA Census Bureau and the analysis of the WorldFootwear.com, growth of sales of the shoe stores in the US has been on the red since the beginning of year
The luxury group announced the results for the first half of the year, marked by double digit decline in revenue. Kering named this the toughest period they ever faced
The New-York based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, announced financial results for the second quarter ended on the 30th of June 2020
As numbers of daily new cases continue high in the US, many retailers are following the practice advocated by the Centres for Disease Control and Prevention and demanding customers to wear face masks in their premises
The US-based group plans to open its first multi-brand store this fall. The location chosen was Milan (Italy). The store, inside a historic building at 11 Orefici Street, will feature collections from The North Face, Timberland and Napapijri with other VF brands