World Footwear

Retail

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

Footwear stores hit hard in Moscow and St. Petersburg

Oct 26, 2020 / Russian Federation
Shoe Intelligence, based on estimations by Moscow-based think tank Evotor, is reporting a 17% plunge in sales of independent footwear stores in Russia in September. Decline is more severe in Moscow and St. Petersburg

Clarks to close 50 stores

Oct 16, 2020 / United Kingdom
Clarks is expected to go ahead with a Company Voluntary Arrangement (CVA) which can result in the closure of several of its shops in order to secure a capital injection from Hong Kong-based private equity firm LionRock, Sky News reported

Former André stores to be auctioned

Oct 7, 2020 / France
Shoe Intelligence is reporting that 25 former André stores to be auctioned

Nike's first quarter digital sales up by 82%

Oct 1, 2020 / United States
Nike’s revenue in the first quarter decreased by 1% totalling 10.6 billion US dollars and was flat to prior year on a currency-neutral basis. The sportswear giant reported first quarter digital sales growing by 82%

Second Playfashion live talk by Expo Riva to focus on retail

Sep 24, 2020 / Italy
Expo Riva Schuh and Gardabags return to the analysis of the most pressing and current issues for the footwear and accessories sectors, with a focus on the world of retail and changes in purchasing habits

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

Cyprus: consumers spending is more careful

Sep 17, 2020 / Cyprus
According to the Cyprus Consumers’ Association the Cypriots appear to be choosing their purchases more carefully as the COVID-19 impacted our lives

Ferragamo with declining revenue

Sep 16, 2020 / Italy
As of the 30th of June 2020 the Salvatore Ferragamo Group reported total revenue of 377 million euros down by 46.6% at current exchange rates (-46.9% at constant exchange rates), which compares to 705 million euros in the first half of 2019

Yue Yuen with 136.7 million US dollars loss

Sep 11, 2020 / Hong Kong
The world's largest shoe manufacturer has been badly hit by the COVID-19 pandemic. Yue Yuen has posted a net loss of 136.7 million US dollars for the first half of 2020, which compares to net income of 165.9 million US dollars for similar period in 2019

Designer Brands with 42.8% decline in net sales

Sep 10, 2020 / United States
The US-based footwear retailer formerly known as DSW reported double-digit decline in sales in the first semester as a result of the impact of the COVID-19 pandemic on the consumer behaviour and on the business ever-changing environment

vanHaren to take over 43 Brantano shoe stores

Sep 9, 2020 / Belgium
Part of the German Deichmann SE group, one of Europe’s largest shoe retailers, vanHaren has 143 stores in The Netherlands and 16 shops in Belgium, whose network of locations will increase with the acquisition

Hungary: retail sales increased by 0.4%

Sep 8, 2020 / Hungary
According to information release by the Hungarian Central Statistical Office, in July 2020, the volume of sales in retail shops grew by 0.4% compared to the same period last year

Retail turnover up by 3.2% in Australia

Sep 8, 2020 / Australia
In July 2020, Australian retail turnover rose by 3.2%, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures

Shoe Carnival with record net sales

Sep 7, 2020 / United States
The US-based footwear retailer has reported record net sales of 300.8 million US dollars for the second quarter exceeding the previous record set in the third quarter of fiscal 2017 by 4.6%
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