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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. With little more than one month to year-end the perspectives are not good and even the mood of the consumers seems to be losing some traction: after 12 months being less pessimistic than retailers, the consumer confidence indicator is swinging downwards faster than on the side of retailers

Dick's Sporting Goods announces planned leadership succession

Nov 25, 2020 / United States
The Pittsburgh-headquartered sporting goods retailer announced that Edward W. Stack, Chairman and Chief Executive Officer, will assume the role of Executive Chairman and continue as Chief Merchant, from the 1st of February onwards

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

Building a digital presence: what steps to consider?

Premium ContentNov 6, 2020 / World Footwear Reports
Today we bring you the ultimate check list you need to bear in mind when defining the strategy to build your business or brand a meaningful and relevant digital presence. Check it out

Next Riva live talk is focusing on the 2022 fashion market

Nov 5, 2020 / Italy
“The 2022 fashion market, shifts & strategies”: a reflection on the fashion market for the last of the #playfashion live talks

Puma’s sales and profitability rebound in the third quarter

Nov 2, 2020 / Germany
The sales of the Germany-based sportswear giant rebounded in the third quarter of 2020 and increased by 13.3%. Notwithstanding, Puma remains cautious for the fourth quarter given the evolution of the COVID-19 pandemic

Are you using any of these B2B Marketplaces for Fashion?

Premium ContentOct 27, 2020 / World Footwear Reports
With the world moving into the digital sphere at a fast rhythm more and more businesses are being made online. This is well known for Business to Consumer, but is also the case for Business to Business connections, as different parts of the supply chain get connected via B2B marketplaces

Free shipping will make a difference this holiday

Oct 27, 2020 / United States
According to NPD's insights, free shipping was identified, for the first time, as the number one factor influencing where consumers decide to shop this holiday in the US. A finding in line with consumers increasing use of online shopping due to the COVID-19 pandemic

Business to Business Marketplaces for Fashion

Premium ContentOct 20, 2020 / World Footwear Reports
The role of digital in our lives has increased significantly in the last few years and COVID-19 made us all focus attentions to this arena to continue with meetings and businesses while restrictions and limitations to movements were in place. In this scenario, do you know what B2B marketplaces are? Do you understand their importance for the fashion industry?

Zalando raises 2020 full year outlook

Oct 19, 2020 / Germany
One of the leading online platforms for fashion and lifestyle has raised its outlook for the 2020 financial year after registering exceptionally strong and profitable growth in the third quarter

CCC with fast sales recovery of the online channel

Oct 19, 2020 / Poland
The Polish-based group finished the second and third quarters of 2020 with strong sales growth in the e-commerce channel, reporting revenue increase of 82% and 60% year on year, respectively

Amazon is hiring 100 000 across the US and Canada

Sep 28, 2020 / United States
The online giant is expecting to open 100 new Operations sites in September across fulfilment centres, delivery stations, sortation centres and other sites. Amazon announced it will hire 100 000 people in the US and Canada

Zalando ads pre-owned trade to its platform

Sep 28, 2020 / Germany
Customers can now shop and trade in pre-owned, or second-hand, fashion directly on the Zalando platform. The new service is being launched in a reduced number of markets for now. If successful it can be expanded to other countries

Obuv Rossii: revenue with maximum monthly level

Sep 24, 2020 / Russian Federation
In August, revenue of Obuv Rossii increased by 1.5 times compared to July and exceeded 1 billion Russian Rubles, achieving the maximum monthly level in 2020
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