World Footwear

United Kingdom

Wales enters strict lockdow: non-essential retail to close

Dec 17, 2020 / United Kingdom
The country will enter into a strict nationwide lockdown, especially over Christmas and on the days to follow

UK: ongoing uncertainty is making it harder for businesses to prepare

Dec 16, 2020 / United Kingdom
The alert comes from the British Retail Consortium (BRC), which has also urged consumers to refrain from stockpiling food before Britain leaves the EU on the 1st of January

Bonmarché collapses into administration

Dec 3, 2020 / United Kingdom
The retailer based in West Yorkshire has collapsed into administration for the second time in a year. 1 500 jobs are at risk

Arcadia Group files for bankruptcy

Dec 2, 2020 / United Kingdom
More than 13 000 jobs are at risk in what is so far the biggest UK collapse in the COVID-19 era. The owner of Topshop, Topman, Miss Selfridge, Dorothy Perkins, Evans and Burton appointed administrators from Deloitte on Monday

Debenhams on the verge of closing

Dec 2, 2020 / United Kingdom
The UK-based store chain is reportedly set to close after the latest efforts to rescue it have failed. Rough trading conditions during the pandemic were the final hit for both Debenhams and Arcadia

Stores in England can open 24 hours a day over Christmas

Dec 1, 2020 / United Kingdom
Retailers will be able to extend their daily opening hours from Monday to Saturday in the run up to Christmas and through January. The announcement was made by the Government of the UK

Arcadia declines emergency loan offer from Frasers Group

Nov 30, 2020 / United Kingdom
The owner of several high street retailers, Arcadia, have declined a 50 million British pounds (55.8 million euros) emergency loan offer from Mike Ashley’s Frasers Group, the retail group formally known as Sports Direct

Dr. Martens could launch IPO soon

Nov 27, 2020 / United Kingdom
The British-based footwear brand known for its iconic boots has reportedly appointed Goldman Sachs and Morgan Stanley to lead its initial public offering (IPO)

UK Retail: recovery starts to dissipate

Premium ContentNov 26, 2020 / United Kingdom
The summer brought a breath of fresh air into the UK footwear market after the COVID-19 hit. After the collapse caused by the first wave of the pandemic, Textile, Clothing & Footwear (TCF) Retail Sales have been recovering from April through September. However, the second wave striking in October led TCF retail sales to the downside, closing now 18 pp in the red.

2020: UK consumer spending to fall by nearly 200 billion British pounds

Nov 24, 2020 / United Kingdom
Total UK consumer spending is expected to fall by 183.6 billion British pounds (14.9%) this year due to the COVID-19 according to new research from Mintel's British Lifestyles report. This equates to a drop in spending of around 6 600 British pounds per household

Burberry with growth in leather goods category

Nov 16, 2020 / United Kingdom
The UK-based luxury brand has announced a decline of 31% in revenue for the first semester of the current fiscal year. Despite that, Burberry is pleased with the year-on-year growth registered in the leather goods category

Imports of footwear with a dark picture in the first semester

Premium ContentNov 9, 2020 / Business Conditions Survey
The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country

Capri reports revenue and earnings above expectations

Nov 9, 2020 / United Kingdom
The global fashion luxury group announced its financial results for the second quarter of fiscal 2021. John D. Idol, the Company’s Chairman and Chief Executive Officer, said revenue and earnings surpass the company's expectations

UK: Calls on customers to start Christmas shopping earlier

Nov 5, 2020 / United Kingdom
The British Retail Consortium (BRC) launched a new national advertising campaign calling on the public to start their Christmas shopping earlier to help spread demand during what is traditionally the busiest shopping time of the year

Speedo appoints new Global Brand Director

Nov 4, 2020 / United Kingdom
Pentland Brands, the group owning Speedo, has appointed Kev McFadyen as the new Global Brand Director for the brand known for being a key player in swimming accessories
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