World Footwear

United Kingdom

UK Retail: footfall down over by 40% in 2020

Jan 18, 2021 / United Kingdom
According to the British Retail Consortium a hard year ends a with footfall decline of 43%. Year on year UK Footfall decreased by 46.1% in December. The restrictions to contain the spread of COVID-19 are largely on the origin of such numbers

G-III enters the race to buy Arcadia

Jan 18, 2021 / United Kingdom
The New York-based group G-III Apparel is said to have entered the race to acquire Arcadia and to be among the top four candidates (Next, Boohoo and American-based Authentic Brands). However, G-III has not yet publicly confirmed

UK: online sales growth hits 13-year high

Jan 15, 2021 / United Kingdom
Following an outstanding performance in November, online retail sales growth in December remained high at 37% Year-on-Year (YoY) growth. Online retail sales growth for the full year stands at 36% YoY, resulting in the highest annual growth since 2007

London Fashion Week will be digital and with no audience

Jan 15, 2021 / United Kingdom
The event will run from the 19th to the 23rd February 2021, with both womenswear and menswear designers to take part in a gender-neutral showcase. London Fashion Week February 2021 will be a digital event, taking into account the most recent government restrictions in England

Asos sees UK sales climb by 36%

Jan 14, 2021 / United Kingdom
The UK-based marketplace ASOS, home to 900+ small businesses, has announced a trading update for the four months ended on the 31st December 2020 with revenue growth ”surpassing expectations”

JD Sports buys menswear retailer Wellgosh

Jan 11, 2021 / United Kingdom
The British sports-fashion retailer JD Sports acquired the Leicester-based menswear retailer Wellgosh. The financial terms of the transaction were not disclosed yet

EU-UK deal: how can leather goods benefit from duties exemption?

Premium ContentJan 8, 2021 / United Kingdom
The EU-UK agreement has set zero taxes on goods traded between the two parts. However, rules have been set to benefit from the exemption of duties. How can leather goods benefit from zero tariffs?

How can footwear benefit from zero duties under the EU-UK deal?

Premium ContentJan 7, 2021 / United Kingdom
The European Union and the UK have reached an agreement to frame the way both parts will live, work and trade together post-Brexit. There will be no taxes on goods originating from the UK or the EU and traded between both parts. However, how can footwear benefit from the exemption of duties?

England with new general confinement

Jan 6, 2021 / England
The country is going into lockdown to try to avoid further pressure to an NHS already challenging its limits. This is the third confinement since the outbreak of COVID-19 back in March 2020. Northern Ireland, Scotland and Wales are also implementing similar measures

Confinement in the UK: What are the restrictions in Scotland?

Jan 6, 2021 / Scotland
Scotland has its own restriction levels ranging from zero to four. From midnight on the 4th of January, the mainland will move to "enhanced level four restrictions" until at least the end of the month. The islands will stay in tier three

Wales and Northern Ireland in lockdown

Jan 6, 2021 / United Kingdom
As England enters a new total confinement today and Scotland has moved into “enhanced level four restrictions" from midnight on the 4th of January, Wales and Northern Ireland also apply new restrictions

EU-UK deal: how it will work for footwear?

Premium ContentJan 5, 2021 / United Kingdom
The big news on Christmas eve was the announcement of the much-expected deal between the European Union and the UK, which will frame the way both parts live, work and trade together post-Brexit. Today we focus on the aspects concerning footwear trade

UK: 177 000 retail jobs lost in 2020

Jan 4, 2021 / United Kingdom
The Centre for Retail Research found that a total of 176 718 retail jobs were lost in 2020. The same source is predicting a loss of an additional 200 000 jobs in 2021

Arcadia’s Evans brand acquired by Australia’s City Chic for 23 million British pounds

Dec 21, 2020 / United Kingdom
The agreement includes the acquisition of the Evans brand, the eCommerce and wholesale businesses for 23.1 million British pounds in cash by City Chic. This deal, excludes the brick and mortar stores and follows Arcadia entering into administration a few weeks ago

Farfetch sets 10-year sustainability goals

Dec 18, 2020 / United Kingdom
The online fashion retailer has announced a set of sustainability goals for the next ten years divided in four main areas, ranging from being climate positive to promoting conscious inclusion
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