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Brazilian exports return to pre-Covid levels in volume
In the first eight months of 2021, Brazilian footwear exports rose by 33.4 percent year-over-year in volume to 75.2 million pairs and by 23.9 percent in value to $541.34 million, according to data released by the trade association Abicalçados. When compared with the first eight months of 2019, exports fell ...
Kantar Media Reactions study 2021 sees local advertising strong besides digital channels
Research and consulting agency Kantar has just released its Media Reactions 2021 study, informed by the opinions of over 14,500 consumers covering over 290 brands in 23 markets and 900 senior marketers worldwide. The report gives some interesting insight into the changes in the media landscape reflected by the popularity ...
Counterfeiting still prevails in Russian fashion purchases
In 2020, the Russian market for counterfeit luxury clothing, footwear, and accessories decreased by 12 percent, to 248 billion rubles (€2.87bn-$3.37bn). But, the legal market for premium brands remains smaller, being estimated at only 234 billion rubles (€2.71bn-$3.18bn), and experienced a stronger decline, falling by 15 percent, a research conducted ...
C-Suite interview: Covid-19 spawns the Italian leather sneaker start-up Accricco
Accricco Shoes is the story of three friends – Alessandro Canullo, 27 years old, Leonardo Lucarelli (27) and Matteo Romagnoli (29) – all from the same town of Monte San Giusto in the Italian region Marche, home to one of the country’s most renowned footwear cluster.
C-Suite interview: Pikolinos believes it will take several years to return to pre-Covid levels
“We are closing fiscal 2021 with a decline of about 30 percent in revenues compared to the previous years,” said Juan Manuel Perán, CEO of the Spanish shoe company Pikolinos in an exclusive interview with Shoe Intelligence. The company’s fiscal year runs from May 1 to April 30. Perán remains ...
C-Suite interview: Made in Italy Fund snaps up Autry, Ghoud sneakers and seeks synergies
The sneaker brands Autry and Ghoud are among the latest additions to the portfolio of the Made in Italy Fund, which is looking to capitalize on synergies from its growing stable of accessible luxury labels in fashion and footwear and tap into opportunities for international expansion. The fund could put ...
Latest Case Studies
How Ralph Lauren transformed into a data-driven organization reviving brand relevance and driving sales
The historic American apparel brand’s sales revenue has been in decline. But by using data to understand customers better, it has carved out a brighter future.
Ssense: How relentless focus on target market lead to strong sales growth
The Canadian online fashion retailer adopted an alternative approach to its competitors, staying true to its traditional consumer base rather than diluting its offering.
How About You has become Europe’s fastest-growing online fashion platform
The company is using technology – and good timing – to stand out in a crowded market of online retailers.
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Lenzing to use carbon-zero Tencel fibers for Refibra
Percassi opens another Nike store in Barcelona
Sugi is licensing Sergio Tacchini footwear for Europe
New Balance faces new complaint over its made in USA label
Martinsen family hikes stake in Arkk Copenhagen
Genesco obtains North American license for Starter
Vestiaire Collective raises €178m
Spanish minimum wage to be above 60% average in 8 regions
Crocs is changing the material contents of its Classic Clog
New investor for FootBalance
Micam attracts over 22,000 visitors
Micam, the footwear trade show which was held from Sept. 19 to 21 at the Fieramilano Rho exhibition center at the outskirts of Milan, attracted 22,274 visitors. The event was shortened to three days from four days traditionally.
Next to sell the Gap brand in the U.K., Ireland
The British apparel retailer Next has reached an agreement under which it will sell the Gap brand in the U.K. and Ireland after the U.S. brand decided to close its own stores in those markets.
Brazilian exports return to pre-Covid levels in volume
In the first eight months of 2021, Brazilian footwear exports rose by 33.4 percent year-over-year in volume to 75.2 million pairs and by 23.9 percent in value to $541.34 million, according to data released by the trade association Abicalçados. When compared with the first eight months of 2019, exports fell ...
Crocs wants to triple sales in five years
Crocs said it is targeting an operating margin of at least 26 percent on annual sales of $5 billion by 2026, with 50 percent of the turnover or more due to be generated through digital channels. This would compare with an adjusted operating margin of 18.9 percent in 2020 on ...
Inditex posts record results in Q2
Inditex, the Spanish group that owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe, posted record results in the second quarter ended July 31, as sales rose by 7 percent at constant currency rates compared with the second quarter of 2019, which was not affected by the ...
Extended Covid restrictions in Vietnam are hitting companies hard
Footwear brands expected to suffer considerable damage from a decision by Vietnamese authorities to extend their strict Covid-19 restrictions in the Ho Chi Minh City region until the end of the month. They were originally scheduled to be lifted on Sept. 15, but the measures taken so far have prevented ...
