World Footwear

United Kingdom

Burberry signs sustainability linked loan

Jan 18, 2022 / United Kingdom
The luxury group has refinanced its Revolving Credit Facility to a 300 million British pounds (358.9 million euros) sustainability linked loan, in coordination with Lloyds Bank

JD Sports improves full year outlook

Jan 14, 2022 / United Kingdom
The UK-based retailer improved its annual profit forecast for the second time in four months, underlining the positive performance during the holidays

Dr. Martens’ main shareholder sells part of its shares

Jan 10, 2022 / United Kingdom
The Luxembourg company IngreLux, owned by funds advised by the private equity firm Permira, has announced that it has sold 65 million of its ordinary shares, at the price of 4.73 euros

Capri on the way to achieving full LWG certified sourcing

Dec 22, 2021 / United Kingdom
The group has said in its 2021 corporate social responsibility report that 85% of the leather sourced by its brands came from Leather Working Group (LWG) gold and silver-rated tanneries

UK: Plan B impacts footfall negatively

Dec 15, 2021 / United Kingdom
The Plan B enacted by the UK's Government to fight the new wave of the COVID-19 pandemic will lead to a significant drop in footfall, especially in central London

Farfetch buys luxury release platform Luxclusif

Dec 14, 2021 / United Kingdom
The luxury e-commerce platform has announced the acquisition of the resale platform Luxclusif. The deal includes Luxclusif’s technology and its team, which will join Farfetch's group

Dr. Martens posts revenue growth

Dec 13, 2021 / United Kingdom
The iconic footwear brand reported strong performance in the first half of fiscal 2022, driven by retail recovery and sustained e-commerce growth

UK: consumer confidence improved in November

Dec 2, 2021 / United Kingdom
According to the GfK's Consumer Index, consumer confidence in the UK grew by three points in November, on a comparable basis to the previous month, despite concerns over surging inflation

Farfetch partners up with Clipper Logistics

Dec 2, 2021 / United Kingdom
The luxury platform has established a joint venture with the lead provider of e-fulfilment and returns management services to offer a global e-commerce fulfilment solution for luxury brands

UK retail sales picked up in October

Nov 29, 2021 / United Kingdom
According to the UK’s Office for National Statistics (ONS), October retail sales volumes increased for the first time in six months in October 2021, most likely due to early Christmas shopping

Farfetch posts revenue increase

Nov 26, 2021 / United Kingdom
The luxury e-commerce platform has announced results for the third quarter of 2021. Revenue increased by 33.1%, reaching 582.6 million US dollars, as compared to the same period of 2020

Burberry reports revenue growth

Nov 23, 2021 / United Kingdom
The UK-based luxury group has announced the results for the first half of fiscal 2022. Revenue returns to pre-pandemic levels, as full-price sales grow at a double-digit percentage

UK: consumer spending increases by 14.2%

Nov 17, 2021 / United Kingdom
Despite the backdrop of inflation concerns and rising household bills, overall consumer card spending grew by 14.2% in October, compared to the same period in 2019. The latest update comes from Barclaycard

Pentland launches new 100-1-0 sustainability strategy

Nov 16, 2021 / United Kingdom
Sportswear group Pentland Brands has set three targets to be reached by 2032, the year marking the group’s 100-year anniversary. These are part of the group's sustainability initiative

Clarks CEO leaves after less than a year in the role

Nov 15, 2021 / United Kingdom
Víctor Herrero will now join Australian jewellery group Lovisa. The Melbourne-based group announced the appointment, saying Mr. Herrero would come on board as soon as COVID19 restrictions allowed
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