World Footwear

Fashion

H&M partners up with Matrix Renewables

Oct 15, 2021 / Sweden
The Swedish-based fashion retailer has signed an agreement with the platform Matrix Renewables to contribute to the continued decarbonization of Europe’s consumer goods sector and accelerate the energy transition

ASOS CEO resigns as company issues profits warning

Oct 13, 2021 / United Kingdom
The fashion retailer announced the CEO’s resignation as it disclosed the final results for the fiscal year of 2021. Despite a strong performance, the company issued a profit warning due to supply chain disruptions and rising costs

Gap publishes the 2020 Global Sustainability Report

Oct 7, 2021 / United States
The document summarizes the efforts of the company and each of its brands towards sustainability and the fostering of a more inclusive and fairer workplace

Canada Goose steps into the footwear segment

Oct 6, 2021 / Canada
The Canadian-based luxury outwear brand will launch its first footwear line in November. The release is part of Canada Goose’s “Beyond the Parka” growth strategy, aiming to turn the company into a fully-fledged lifestyle brand

H&M with sales increase

Oct 4, 2021 / Sweden
The Sweden-based fashion brand Hennes & Mauritz AB announced the results for the third quarter of 2021, running from 1st of June to 31st of August. Sales and profit increased during this quarter as more stores were able to reopen

Saadia Group to acquire Aquatalia

Sep 29, 2021 / United States
The US multicategory product manufacturing, wholesaling, distribution and retailing company has agreed to acquire the assets of the Italian footwear and accessories brand. Aquatalia becomes the first luxury label in Saadia's portfolio

Mytheresa closes the year with strong sales

Sep 27, 2021 / Germany
The German-based luxury e-commerce platform reported net sales increase of 36.1% to 162.4 million euros in the fourth quarter of 2021 and a 36.2% sales jump for the full fiscal year of 2021

Etro nominates new CEO

Sep 20, 2021 / Italy
The Italian-based fashion house has announced that Fabrizio Cardinali will take on the role of Chief Executive Officer, effective fourth quarter of 2021. Cardinali is the first CEO appointed under the new owners of Etro, L Catterton

Prada and Theaster Gates launch Dorchester Industries Experimental Design Lab

Sep 16, 2021 / Italy
The three-year collab initiative aims at amplifying the work of emerging and established artists of colour through awards and public programming. The space will be located in Chicago

Record results for Inditex

Sep 15, 2021 / Spain
In the second quarter 2021, between May and July, the Spanish-based fashion group registered revenue, profit and cash generation with historic highs

Nordstrom raises fiscal year outlook

Sep 7, 2021 / United States
The American chain of luxury department stores reported second quarter results, which reflected continued broad-based improvement in sales trends across categories and geographies

Alibaba with 34% revenue growth

Aug 13, 2021 / China
The Chinese-based ecommerce giant has announced results for the quarter ended on the 30th of June 2021. In the period, revenue of Alibaba totalled 205.740 billion Renminbi (31.87 billion US dollars), an increase of 34% year-over-year

Changes to the Board of Directors of Richemont

Aug 13, 2021 / Switzerland
In advance to its upcoming annual general meeting due to be held on the 8th of September 2021, Richemont has announced changes to its Board of Directors

Inspiramais looks at the future

Aug 4, 2021 / Brazil
The latest edition of the Latin America exhibition Inspiramais, focused on solutions relating to sustainability, technology and fashion, was held between the 13th and the 16th of July. Over a thousand materials for the 2022_II season were launched

Ferragamo's revenue up by 44.1%

Jul 22, 2021 / Italy
The increase in revenue has been achieved despite the permanence, in some countries, of lockdowns and bans driven by COVID-19. On the 30th of June 2021, Ferragamo was operating with 53% of retail stores at full capacity
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