World Footwear

United Kingdom

Clarks considers permanently closing stores

Apr 8, 2020 / United Kingdom
The UK-based footwear retailer is preparing for the permanent closure of some of its stores and asked bankers to advise on options available for the strategic move

Burberry expects 30% drop in sales

Mar 27, 2020 / United Kingdom
The British-based luxury brand is already forecasting the hit from the impact of the Covid-19 pandemic. Burberry announced it is expecting a 30% decline in sales for the first quarter of 2020

Capri issues statement regarding Covid-19

Mar 18, 2020 / United Kingdom
Given the global diffusion of the Covid-19 Capri, the owner of Jimmy Choo, Versace and Michael Kors, made an announcement to the markets. The company will provide updates later regarding the impact of the pandemic

Shoe Zone announces deferral of dividend payment

Mar 17, 2020 / United Kingdom
The company is planning to cancel its final dividend payment after witnessing a drop in footfall as a result of the Covid-19 pandemic

Golden Goose with major investment from Permira Funds

Feb 14, 2020 / United Kingdom
A company backed by Permira funds has agreed to acquire Carlyle’s majority stake in Golden Goose

Capri cuts forecast as it expects to take the hit from coronavirus

Feb 5, 2020 / United Kingdom
The owner of Michael Kors, Jimmy Choo and Versace cut its forecasts as it warned of a 100 million US dollars hit to revenue due to the coronavirus outbreak in China

Shoe Zone with declining profits blames financial burden of public policies

Jan 30, 2020 / United Kingdom
In the last financial year Shoe Zone's underlying pre-tax earnings slid to 9.6 million British pounds from 11.3 British pounds in the previous year. Management blames Government for increasing taxes

12 Timberland stores to close across the UK

Jan 27, 2020 / United Kingdom
Outdoor clothing and footwear brand Timberland together with their retail partner 73 Retail are closing 12 stores across the UK. Other closures impacting The North Face and Havaianas

JD Sports with positive holiday sales

Jan 20, 2020 / United Kingdom
The sports-fashion retail company based in the UK announced an update on performance following the Christmas trading period. A positive like for like trend was registered

Capri joins the Australian bushfire relief efforts

Jan 15, 2020 / United Kingdom
The London-based luxury group announced that it is donating 100 000 Australian dollars to the Australian Red Cross in support of those affected by the country’s catastrophic bushfires

Farfetch is on acquisition mode

Jan 15, 2020 / United Kingdom
One day after the purchase of Japanese jeweller Ambush, Farfetch is back on the news with the acquisition of Opening Ceremony, a American clothing brand founded in 2002 by Carol Lim and Humberto Leon

Pentland acquires the Speedo North America

Jan 9, 2020 / United States
PVH Corp. has announced that it has entered into a definitive agreement to sell its Speedo North America business to Pentland Group, parent company of Speedo International Limited

Liverpool and Nike with multi-year partnership deal

Jan 8, 2020 / United Kingdom
The football team based in the northwest England announced a new multi-year partnerhsip with Nike, which becames its official kit supplier from the 2020-21 season onwards

Capri to acquire Italian shoe manufacturer

Dec 16, 2019 / United Kingdom
The London-based global fashion luxury group announced it had signed a definitive agreement to acquire Italian atelier and shoe manufacturer Alberto Gozzi S.r.L. from Tuscany

Dr. Martens sale rumors intensify

Dec 3, 2019 / United Kingdom
American-based investment firm Carlyle Group is reportedly in the race for British footwear brand Dr. Martens
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