World Footwear

United Kingdom

Matt Priest: we are 100% against the duties

Premium ContentApr 26, 2021 / United States
We spoke with the President & CEO of the Footwear Distributors & Retailers of America to go over the topic of the moment: the US threat of duties on footwear imported from Spain, Italy and the UK

What are the Digital Services Taxes?

Apr 26, 2021 / OECD
Recently, there has been increasing concerns regarding the fact that the existing international tax system is not accommodating the digitization of the economy, as multinationals generally pay corporate income tax where production takes place, and the location of consumers is not taken into the equation

JD Sports Fashion with robust results

Apr 21, 2021 / United Kingdom
The UK-based retail group reported a set of good results for the fiscal year ended on the 30th of January 2021, despite the impact of the pandemic and Brexit

Kurt Geiger to open 9 new stores this week

Apr 14, 2021 / United Kingdom
The UK-based retailer has announced it will open nine new stores this week as non-essential retailers in England are allowed to reopen

Asos with sales growth of 24%

Apr 13, 2021 / United Kingdom
A few weeks after the announcement of the acquisition of part of the assets of the Arcadia group, including Topshop, the British electronic marketer Asos published its results for the six months to the end of February, posting two digits growth in sales

Great Britain with a record of 17 500 stores closing in 2020

Apr 9, 2021 / Great Britain
According to new data by consulting firm PwC, Great Britain had an avalanche of store closures during 2020, with some 17 500 stores not resisting the impact of the pandemic. On the other hand, 7 655 opened, representing a net loss of 9 877 stores

Trading footwear with the UK: are you familiar with the EU-UK deal?

Premium ContentMar 23, 2021 / European Union
Just before Christmas, people and businesses from both sides of the English Channel breathed in relief: a BREXIT deal had been achieved. Almost immediately, many questions arose regarding the new procedures to move goods between the two parties. Are you familiar with the new deal? Learn more today

Clarks was already in difficulties before COVID-19

Mar 21, 2021 / United Kingdom
The footwear group published its annual report with reference to fiscal year ending on the 1st of February 2020. The results don’t reflect the full impact of the pandemic in the business or the recent change in the ownership

Burberry adjusts forecast after sales rebound

Mar 19, 2021 / United Kingdom
The luxury fashion house headquartered in London has issued an unscheduled trading update ahead of the 27th of March 2021 financial year end

New exhibition in London focus on sneakers

Mar 16, 2021 / United Kingdom
The new show will tell the story of sneakers and will open at the Design Museum, in London, on the 30th of April and will last until the 24th of October 2021

UK: consumer spending falls by 13.8%

Mar 9, 2021 / United Kingdom
Figures refer to the month of February as lockdown continued. Spending on essential items grew by 5.3% year-on-year as online grocery shopping surged and on non-essentials dropped by 22.1% with much of the high-street remained closed

UK: footfall remains low

Mar 8, 2021 / United Kingdom
With the UK still in lockdown, year on year UK footfall decreased by 73.5% in February, with only a 3.4 percentage point improvement from January. The new figures were just published and commented by the British Retail Consortium

Yellow Wood Partners to acquire Scholl from Reckitt Benckiser

Mar 4, 2021 / United States
The Boston-based private equity firm focused on investing in consumer brands and companies announced that it has entered into an agreement to acquire the Scholl footcare brand, from UK-based consumer-goods company Reckitt Benckiser

Capri appoints Alejandro Martinez-Galindo as Chief Information Officer

Mar 3, 2021 / United Kingdom
The fashion luxury group announced the appointment of Alejandro Martinez-Galindo as Chief Information Officer of Capri Holdings, reporting to Thomas Edwards, EVP, Chief Financial Officer and Chief Operating Officer. His start date is the 8th of March 2021

Farfetch reaches profitability

Mar 2, 2021 / United Kingdom
The luxury e-commerce platform has announced revenue in 2020 which increased by 64% to 1.7 billion US dollars, with future sights set on China, after investments and deals made last year
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