World Footwear

Retail

Uniqlo to switch from plastic to paper bags

Jul 22, 2019 / Japan
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

Jul 18, 2019 / China
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

Jul 15, 2019 / United Kingdom
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

Jul 15, 2019 / 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

Jul 10, 2019 / United States
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

Jul 4, 2019 / South Africa
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

Jul 4, 2019 / United States
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

Jul 3, 2019 / United Kingdom
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

Jul 2, 2019 / Bangladesh
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

Jun 25, 2019 / United Kingdom
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

Jun 24, 2019 / Switzerland
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

Jun 20, 2019 / United States
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

Jun 18, 2019 / United States
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

Jun 17, 2019 / 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

Jun 12, 2019 / United States
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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