World Footwear

ecommerce

G-III enters the race to buy Arcadia

Jan 18, 2021 / United Kingdom
The New York-based group G-III Apparel is said to have entered the race to acquire Arcadia and to be among the top four candidates (Next, Boohoo and American-based Authentic Brands). However, G-III has not yet publicly confirmed

UK: online sales growth hits 13-year high

Jan 15, 2021 / United Kingdom
Following an outstanding performance in November, online retail sales growth in December remained high at 37% Year-on-Year (YoY) growth. Online retail sales growth for the full year stands at 36% YoY, resulting in the highest annual growth since 2007

Asos sees UK sales climb by 36%

Jan 14, 2021 / United Kingdom
The UK-based marketplace ASOS, home to 900+ small businesses, has announced a trading update for the four months ended on the 31st December 2020 with revenue growth ”surpassing expectations”

Wolverine enters 2021 with 2 exec moves

Jan 6, 2021 / United States
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

Gucci joins Alibaba's luxury e-commerce site

Dec 23, 2020 / China
One of the key brands of the Kering group's portfolio, will open two stores on Alibaba's online trading platform, in a move that underlines the importance of the Chinese market for luxury brands heavily affected by the coronavirus crisis

Live shopping: a new business model

Dec 16, 2020 / China
This format of video streaming commerce is becoming very popular, especially in China. Marketing companies want to take this digital strategy across borders, focusing on hitting the European and the US markets

Under Armour to sell The MyFitnessPal platform

Dec 15, 2020 / United States
The US-based branded athletic performance apparel, footwear and accessories, announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners

US shopping app downloads with a record of 2.8 million on Black Friday

Dec 14, 2020 / United States
According to preliminary estimates by Sensor Tower Store Intelligence, mobile shopping app installation hit a new single-day record on Black Friday, with around 2.8 million downloads, up by nearly 8% year over year

Zalando: co-CEO Rubin Ritter resigns

Dec 14, 2020 / Germany
Rubin Ritter, co-CEO of the Germany-based online fashion company since 2010, will step down next year, leaving the leadership of the company on the hands of co-CEO's Robert Gentz and David Schneider. Ritter says he aims to back his wife’s career

Caleres: sales down by 18.3%

Dec 8, 2020 / United States
The US-based footwear group has announced results for its third quarter, marked by a decline of 18.3% in net sales. Declines registered in all segments, except for the online business

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.

Nordstrom: digital sales account for 54% of total business

Nov 25, 2020 / United States
The company has announced third quarter results marked by declining net sales from last year. The expansion of some online services might have driven digital business, which now accounts for 54% of total

5th Vietnam Footwear Summit 2020 will be Held in Ho Chi Minh

Nov 18, 2020 / Vietnam
Changing supply chain of global footwear industry in the era of COVID-19 and impact of trade policies will be on focus on the Summit to be held, both online and offline, in December

China’s Singles Day: Nike reaches record sales in just 60 seconds

Nov 12, 2020 / China
Within one minute of Alibaba’s Tmall opening for the first phase of China’s Singles’ Day shopping festival Nike’s turnover surpassed the 100 million renminbi (roughly 12.8 million euros or 15.1 million USD) mark

CCC launches ship-from-store to customer door within 60 minutes

Nov 11, 2020 / Poland
Customer needs and the threat of renewed brick-and-mortar retail closures in Poland have led the CCC Group to started testing a new service where a product ordered online would be delivered to the customer’s doorstep within 60 minutes
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