ecommerce
Inditex wants 25% of sales online within 2 years
The Spanish group owning brands Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe, wants online sales to represent over 25% of the total by 2022. This compares with 14% in financial year 2019
FDRA's Global Shoe Sourcing Digital Series
The Footwear Distributors and Retailers of America (FDRA) is running a digital series on Global Shoe Sourcing. The series will be held from the 27th to the 30th of July. We bring you all the info about the event
Retail Re-opening: Digital Presence
Digital presence and all that relates to online has been a main trend in the last few years. The shift from in-store to online shopping was boosted during the COVID-19 crisis and it seems to be here to stay
adidas: business in China returns to growth
In Greater China, adidas' first major market on the road to recovery, all stores have been open since mid-April. While store traffic remained below the prior year level in May, sales returned to growth
Zalando is expecting 2020 revenue to be up by 10%-20%
The online platform issued a new full-year guidance considering the impact of the Covid-19 pandemic and says it expects gross merchandise volume (GMV) and revenues to grow by 10%-20%
Footwear not profiting from 10 year high in UK online retail sales
According to IMRG Capgemini online retail sales in the UK grew by 23.8% Year-on-Year in April. Footwear and clothing experienced two-digit declines, as consumers shift their shopping patterns in a hot month
Visa: digital acceleration in Covid-19 era
According to Visa's Chief Product Officer 13 million people in Latin America made their first-ever online purchase in March quarter. An increase in digital commerce spending was registered in the US
Overcube triples turnover in 2019
The online platform, part of the Kyaia group, was launched in 2018. Two years later, the Kyaia group's online sales platform already has 40 000 customers and turnover almost tripled in 2019, reaching 3.250 million
Wolverine: revenue declines by 16.1%
The Michigan-based group has reported financial results for the first quarter ended on the 28th of March and updated its actions related to the Covid-19 pandemic
Genesco: phased store reopening in place
The Nashville-based company provided details on its store reopening plans in response to the Covid-19 pandemic driven closures
Overcube offers medical gowns
“Together We Are the Solution” is the name of the initiative that marks the first solidarity project of OvercubeCollectiva, the social responsibility area of digital platform Overcube
Ecco’s 2019 revenue up by 3.9%
The Denmark-founded brand announced what they have called a successful year with net sales of 1.360 million euros (1.309 million euros last year) and profit before tax of 196 million euros (201 million euros in 2018)
FDRA talks about unprecedented times in the US
With the US fast approaching the 1 million people infected with the new coronavirus, the country is facing an unprecedent time. We spoke with the FDRA to learn how this is impacting the footwear industry
Join the World Footwear Experts Panel today
Follow the attached link and enrol in our Panel of Experts. As soon as a new edition of the World Footwear Business Conditions opens, we will contact you to get your input
US: consumers shifting e-commerce spending towards apparel and footwear
A global payments and shopping provider Klarna has analysed all the transactions made through its retail partners as well as through their app in the last few weeks-
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Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
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World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
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