Retail
Uniqlo to switch from plastic to paper bags
Japanese-based retailer announced it will be using paper shopping bags instead of the plastic bags from September onwards. With this move, the company is joining the global initiatives to address one of the most important environmental issues: plastic pollution
Belle to spin off sportswear business
Chinese footwear manufacturer and retailer Belle International has filed papers for a public listing of its sportswear business Topsports International. The deal could amount to 1 billion US dollars
Sustainability is a business imperative
The words are from Sara Maggioni, Head of Womenswear at WGSN, a trend forecasting company. Sara talked to us about sustainability and other hot topics of the footwear industry
Caleres' joint venture to expand distribution in China
The US-based footwear giant will begin to distribute footwear in greater China, including Hong Kong, Macau and Taiwan, through a joint venture with Brand Investment Holding, a member of the Gemkell Group
Nordstrom is hiring 1 200 people
The US-based retailer is opening a Flagship Store in New York by the end of October and opened 1 200 sales position
Truworths to restructure Office's debt
The South African fashion retailer Truworths International confirmed its British footwear chain Office has entered debt restructuring talks with its lenders
Forever 21 is exploring options
Fast-fashion chain Forever 21 is reported to be in talks with potential lenders and restructuring advisers as it analyses options for recovering from the less healthy moment
Deichmann announces UK expansion
The Germany-based retailer has announced plans to expand its UK store portfolio. Last year the brand has opened 9 stores in that country bringing its network of stores in the UK to 102
If the product is good, the customer will come
Watch the interview to learn a bit more about the current trends of the footwear industry according to the views of Syed Nasim Manzur, from Apex Footwear in Bangladesh
UK: retail sales slip at fastest pace since 2009
The High Street business in the UK continues to face challenging times. Now, the highest drop in British retail sales in the last 10 years has been reported
You have to get the priorities right
Watch the interview to learn a bit more about the current trends of the footwear industry according to the views of Thomas G Bata, from the Bata Group
Tamara Mellon raises funding for brand's expansion
The co-founder of the Jimmy Choo brand has managed to secure funding to expand her namesake brand. Tamara Mellon raised 50 million US dollars for the expansion of the brand
Walmart has a new Chief Technology Officer
Suresh Kumar is a 25-year Tech Executive, who will bring deep experience in retail and e-commerce, advertising, cloud and machine learning
Bata to invest in Colombia
The total investment should amount to 5 million US dollars. Bata is aiming to open new stores and renew the e-commerce platform
Neiman Marcus with significant loss
The Texas-headquartered department store group reported falling third quarter revenue. Net loss reached 31.2 million US dollars, a worse result than the 19.9 million US dollars net loss from the previous year-
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