Digital
Sneaker resale marketplace Laced expands to Europe
The UK-based resale sneaker platform is expanding into European markets by starting to roll out dedicated language websites and introducing a series of currencies
Global alliance calls for the digital modernisation of labelling requirements
A coalition of 130 organizations representing the fashion industry from around the world is pushing for the modernisation of labelling requirements to enable a reduction in waste and greater consumer access to information
Stitch Fix announces new CEO
The US-based personal styling company appointed Matt Baer, former Chief Customer & Digital Officer at Macy's, as its new Chief Executive Officer and member of the Board of Directors
France Retail: prospects for the clothing and footwear sectors are still far from positive
The stabilization of the pattern of weakening French consumer confidence in the first quarter of the year cannot mask the pessimism that is still being felt in the country, especially in the context of social unrest. Moreover, in this reality of high inflation, neither do price increases hide the contraction in volumes sold nor is it possible to ignore the difficulties faced by companies more exposed to the domestic market due to increased operating costs (rents and energy) or even the stagnation of the online channel. Retail prospects for the clothing and footwear sectors are, therefore, still far from positive
Puma launches shopping app with virtual try-on feature in the UK
After a successful rollout in North America, the Germany-based company launched the new shopping app equipped with a virtual try-on feature in the UK
Asics ventures into the Web3 commerce
The physical running shoes in the ASICS x Solana UI Collection can only be purchased with digital currency. The company said to be showing the future of Web3 commerce with this move
Italy: being good at production alone no longer suffices
Amid a challenging macro-environment, digitalization and sustainability emerged as priorities for the future of the footwear industry at the annual meeting of Assocalzaturifici held in Bologna
Consumer demand across mobile apps fosters Nike's growth
The US-based sportswear giant attributed the 18% annual revenue growth in its digital business to consumer demand across its mobile apps
Digital to grow their share in footwear sales
About two-thirds of the experts accounted for during the latest edition of the World Footwear Business Conditions Survey believe that digital retail channels will increase their share in footwear sales in the next three years
Clarks ventures into the metaverse
The British label has launched the Cicaverse immersive experience on Roblox to celebrate the children’s unisex sneaker style, Cica, in partnership with the metaverse development studio Melon
Fly London steps into the metaverse
The Portuguese footwear brand has taken its first steps into the metaverse with four mini-games and a shop on the Roblox platform, which will be accessible from the 31st of May
Digitization and new consumer trends drove growth in 2021
2020 was a challenging year for most companies thanks to the outbreak of the COVID-19 pandemic, which led to severe supply chain disruptions throughout the globe, periods of halting in operations and physical retail, and an increase in raw materials and transportation costs. However, by mid-2021, there were already signs that things were taking a turn for the better, and some companies have managed to equal and even exceed their pre-pandemic performances. We took a look into the full-year 2021 results of some of the largest companies worldwide to observe how they pulled through the challenges brought by the COVID-19 pandemic
Zalando strengthens senior leadership team
The German-based online platform has announced that Padmaja Bommareddy will join the company in the role of Senior Vice President (SVP) of Corporate Development
Nike to open technology centre in Atlanta
The US-based sportswear company has announced that it will open a new technology centre in Atlanta to accelerate its digital transformation and direct-to-consumer strategy-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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