World Footwear

United Kingdom

Capri with revenue down by 66.5%

Aug 14, 2020 / United Kingdom
The UK-based group owner of Versace, Jimmy Choo and Michael Kors has announced first quarter results with a decline in revenue of 66.5%. CEP expects company to be back on growth trajectory in fiscal 2022

DW Sports chain goes into administration

Aug 5, 2020 / United Kingdom
The UK-based chain of gyms and sports retail has confirmed it will enter administration. At risk are 1 700 jobs. Company BDO has been nominated Administrator

Board appointment at Shoe Zone

Jul 28, 2020 / United Kingdom
The England-based footwear retailer Shoe Zone PLC announced it has appointed Peter Foot to the Board of Shoe Zone as Finance Director

Burberry’s sales down by 45% in first quarter

Jul 17, 2020 / United Kingdom
Comparable sales of the Britain-based luxury brand declined by 45% in the first quarter, easing to -20% in June. Growth in Mainland China and Korea in June was ahead of pre Covid-19 levels, with sales of full-price leather goods up strongly in these regions

More changes at Mulberry are underway

Jul 15, 2020 / United Kingdom
Last month, Mulberry announced plans to cut a quarter of its global workforce. Now, the British brand specialized in luxury handbags, should be about to close the offices in Paris and Hong Kong

JD Sports Fashion: reports 3% rise in profit, but predicts uncertain footfall

Jul 14, 2020 / United Kingdom
The sportswear retailer says pace in stores should remain uncertain but believes to be well placed to regain its pre-pandemic momentum after reporting a 3% rise in annual profit

Pentland is cutting jobs and focusing on core brands

Jul 10, 2020 / United Kingdom
The London-headquartered group is the latest fashion and footwear name to implement job cuts amid the coronavirus pandemic- Pentland is preparing a restructure of its strategy

Capri with 70% plunge in first quarter sales

Jul 6, 2020 / United Kingdom
During the first quarter Capri' stores were closed roughly 55% of the period. Given the significant store closures, the gradual recovery in revenue and low wholesale shipments, first quarter fiscal revenue should decline by 70%

T.M. Lewin to close all UK stores

Jul 6, 2020 / United Kingdom
Britain-based menswear brand T.M. Lewin will close all its stores permanently. The brand will remain on the online sphere, its restructurer said on Tuesday

Shoe Zone with new Finance Director

Jul 3, 2020 / United Kingdom
The UK-based footwear retailer announced the appointment of Peter Foot as Finance Director, with effect from the 6th of July onwards. Mr. Foot will replace Jonathan Fearn whose resignation has been accepted with effect from the 31st of July 2020.

Pure London: summer edition cancelled

Jun 30, 2020 / United Kingdom
Due to the global impact of the Coronavirus pandemic, the Hyve Group have announced changes to their 2020 show calendar and will bring Pure London, Pure Origin, Scoop and Jacket Required back to the UK capital in February 2021

Kurt Geiger to donate first month of store profits to the NHS

Jun 19, 2020 / Coronavirus - Covid19
The British-based retailer is set to give all store profits from the first month of trading after the lockdown to the National Health Service (NHS)

Hunter Boots CEO exits company

Jun 17, 2020 / United Kingdom
Hunter Boots announced that CEO Vincent Wauters is stepping down “by mutual agreement” at the end of July to pursue new opportunities. His exit comes as Hunter begins a strategic review

Schuh is re-opening most stores

Jun 15, 2020 / United Kingdom
The footwear retailer is set to reopen most of its stores in England and Ireland today. Reduced opening hours will be imposed, alongside with other health and safety measures

Mulberry to reduce 25% of global workforce

Jun 8, 2020 / United Kingdom
The British-based luxury brand is planning to cut 25% of its global workforce to reduce costs as sales take the hit of the coronavirus pandemic, The Guardian is reporting
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