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Footwear

The latest news

Genesco operating income rises, Johnston & Murphy and Schuh revenue is strongest

Genesco operating income rises, Johnston & Murphy and Schuh revenue is strongest

American specialty retail company Genesco reported a net sales increase of 25% in Q3 to $601 million year-on-year and growth of 12% from $537 million compared to two years ago.
Fashion
Paris Hilton launches metaverse business on Roblox

Paris Hilton launches metaverse business on Roblox

Paris Hilton has created an island in the online virtual world, dubbed Paris World. Like other virtual hangouts, Paris World will collect small payments for purchasing virtual clothing and other experiences.
Fashion
Frankfurt's January trade shows cancelled

Frankfurt's January trade shows cancelled

The cancellations concern five shows scheduled in Frankfurt, Germany: Premium, Neonyt, Seek, The Ground and new event Val:ue. The organisers are trying to stage an alternative programme.
Fashion
Central and Signa win Selfridges, Holt Renfrew not included

Central and Signa win Selfridges, Holt Renfrew not included

​It’s official — Thailand’s Central and Austria’s Signa are buying Selfridges Group from the Weston family. The transaction “will create one of the world’s leading omnichannel luxury department store groups”.
Fashion
Barbour sales fall in pandemic year but company is strongly profitable

Barbour sales fall in pandemic year but company is strongly profitable

​Barbour’s latest year saw revenues plunging, its newly-filed accounts showed on Thursday. But there was good news as the firm is profitable and said its performance showed the “strength and resilience” of its brands
Fashion
Crocs to buy footwear brand Heydude for $2.5 billion

Crocs to buy footwear brand Heydude for $2.5 billion

Crocs Inc said on Thursday it would buy privately owned footwear label Heydude for $2.5 billion, as the rubber clogs maker looks to cash in on the pandemic-led surge in demand for casual shoes.
Fashion
Tomorrow beefs up senior management team

Tomorrow beefs up senior management team

The multi-service agency has bolstered its senior staff by naming Jessica Juliano as head of omni-channel operations, Giovanni Pungetti as head of Asia and Giovanni de Marchi, ex Slam Jam, as head of brand partnerships.
Fashion
Balenciaga, Gucci are key labels of 2021, Kim Kardashian is top influencer, says Lovethesales

Balenciaga, Gucci are key labels of 2021, Kim Kardashian is top influencer, says Lovethesales

Celebrity choices and collaborations were key to fashion this year as consumers got back to almost normal life. And Balenciaga was the label that benefited most with interest spiking, Lovethesales.com research shows.
Fashion
Volumental footwear fit tech firm raises $13m for expansion drive

Volumental footwear fit tech firm raises $13m for expansion drive

​Footwear fit tech specialist Volumental has raised $13 million in a new funding round as it works to grow in Europe and Asia. It has the world’s largest dataset of 3D foot scans and is already strong in the US market.
Fashion
M&S names first digital product chief as its digital focus accelerates

M&S names first digital product chief as its digital focus accelerates

​M&S has sent out a further signal about its focus on digital with the news that it has added a key new role in its Digital & Data team. Krista Nordlund is its new chief digital product officer and joins in the New Year.
Fashion
Skechers transitions to company-owned operations in the Philippines

Skechers transitions to company-owned operations in the Philippines

The American footwear brand has announced that it has transitioned from its third-party distributor model in the Philippines and has set up a subsidiary through which it will manage its operations in the country.
Fashion
Nina Ricci's Charlotte Tasset Ferrec named CEO of SMCP's Maje

Nina Ricci's Charlotte Tasset Ferrec named CEO of SMCP's Maje

​French premium fashion retailer SMCP has named a new boss for one of its biggest brands, Maje, with Charlotte Tasset Ferrec taking over as CEO on January 4.
Fashion
Skechers adds to board as four members step aside

Skechers adds to board as four members step aside

Skechers announced on Monday that Zulema Garcia has been named to its board of directors and appointed to serve on the company’s audit committee, along with several board resignations. 
Fashion
Sustainable footwear brand Rothy's receives strategic investment from Brazil's Alpargatas

Sustainable footwear brand Rothy's receives strategic investment from Brazil's Alpargatas

The San Francisco-based brand specialized in recycled footwear is receiving investment from the Havaianas owner via a two-step transaction that will ultimately bring the Californian company’s valuation up to $1 billion.
Fashion
Missguided confirms Alteri rescue, investment firm takes 50% stake

Missguided confirms Alteri rescue, investment firm takes 50% stake

​Missguided on Monday announced that Alteri Investors, the turnaround specialist that focuses on the European retail sector, has made “a significant investment” in the firm. The price of this investment wasn’t disclosed.
Fashion
Mike Ashley said to be mulling taking Frasers Group private

Mike Ashley said to be mulling taking Frasers Group private

​There’s speculation this week that Frasers Group’s majority shareholder Mike Ashley is planning to take the group private after nearly 15 years as a listed company.
Fashion