United States
Tapestry: sales fall by 7% in holiday quarter
The New York-based house of modern luxury accessories and lifestyle brands reported results for the fiscal second quarter ended on the 26th of December 2020. Tapestry, the owner of Coach, Kate Spade and Stuart Weitzman registered a 7% decline in sales during the last quarter of the year
Former Nike Executive Emma Minto joins Crocs
The brand of casual footwear for women, men and children, announced that Emma Minto was hired as Senior Vice President and General Manager, overseeing all Crocs operations for America
JD Sports Fashion to acquire US-based DTLR
The UK-based retailer of sports, fashion and outdoor brands, announces it entered into a conditional agreement for the acquisition of 100% of DTLR Villa LLC, a US-based lifestyle retailer with roughly 250 stores in 19 states
Sam Edelman debuts new slipper collection
Designed bearing in mind the customers changing lifestyle, Sam Edelman is presenting a collection of seven styles featured in an array of luxe faux fur, soft knit, faux shearling and satin materials
Tapestry named a Best Place to Work for LGBTQ Equality
The Human Rights Campaign (HRC) has ranked Tapestry as a “Best Place to Work for LGBTQ Equality”. Having achieved a score of 100% on HRC’s 2021 Corporate Equality Index, Tapestry earns this designation for the 7th consecutive year
US: AAFA calls for legislation to hold online marketplaces accountable for counterfeit sales
The American Apparel & Footwear Association (AAFA) submitted comments to the US Patent and Trademark Office regarding secondary trademark infringement liability in the e-commerce setting. With the increase of online commerce AAFA is calling for new legislation
Merrell and Big Brothers Big Sisters in partnership
Big Brothers Big Sisters (BBBS) and Merrell are joining forces in a multi-year partnership focused in harnessing the power of being outside, while making it more accessible to more youth. Partnership is on in the US and Canada
Nike sues nearly 600 websites for selling counterfeit sneakers
The US-based sportswear giant has filed a lawsuit against 589 websites allegedly selling counterfeit versions of its Nike and Converse shoes online
Nordstrom holiday sales fall by 22%
The American chain of luxury department stores announced a net sales decline of approximately 22% for the nine-week holiday period ended on the 2nd of January 2021, compared with the nine weeks ended on the 4th of January 2020
2020 should be Crocs' best year
The brand of casual footwear for women, men, and children, known by its clogs, raised its 2020 revenue guidance and expects accelerated full year 2021 revenue growth of 20% to 25%
Genesco: comparable sales decreased by 3%
The company reported that comparable sales, including both stores and direct sales, decreased by 3% for the quarter-to-date period ended on the 26th of December 2020. Same store sales decreased by 14% and sales for the company's e-commerce businesses increased by 49%
US loses 140 000 jobs in first monthly loss since Spring
The unemployment rate stayed at 6.7%, the first time it hasn't fallen since April. The last month of 2020 was marked by a loss of 140 000 jobs. This was the first monthly loss since the Spring, when the outbreak of the COVID-19 first took place
ABG's Spyder to expand into footwear
The US-based ski-focused lifestyle brand Spyder, part of the Authentic Brands Group portfolio, has announced that it is expanding into the footwear category through a licensing deal with Footwear Unlimited
Steve Madden appoints María Teresa Kumar to its Board of Directors
The US-based designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children announced that María Teresa Kumar has joined the Board of Directors. Ms. Kumar’s appointment expands the Board to ten Directors
Wolverine enters 2021 with 2 exec moves
Following up from Mike Jeppesen retirement, Jim Zwiers steps into the role as President, Global Operations Group. Matt Blonder takes on the eCommerce leadership position-
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