All Distribution articles – Page 12
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ArticleCaleres to accelerate store closures as e-commerce surges
The Covid-19 pandemic has led to a dramatic surge in the importance of e-commerce in Caleres ’ sales, representing about a third of the company’s revenues in its fiscal first quarter, and prompting it to accelerate the closure of some 160 stores by the end of 2021.
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News briefs
Aldo UK enters administration
Canadian footwear retailer Aldo Group said its UK arm has been placed into administration, due to profitability problems and a collapse in retail spending amid the Covid-19 pandemic. Five of its UK stores have been permanently closed, while the eight remaining ones have been handed over to administrators who ...
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ArticleVietnam promotes footwear exports to U.S. as its industry suffers
For the first time, an interactive video conference was held in Washington D.C. on May 27 to connect Vietnamese footwear manufacturers and U.S. distributors and retailers.The initiative comes as the Asian’s footwear industry is suffering severely from the drop in demand stemming from the Covid-19 pandemic. The conference entitled ...
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ArticleWGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption. Thus, WGSN has set out to predict what consumers will be looking for in the next couple of years.
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Article
Macy’s’ credit rating downgraded to ‘BB’ by Fitch
Macy’s credit rating was cut by Fitch , as, like many other American department stores, the retailer suffered from coronavirus-related lockdowns and has seen its leverage increase.
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Article
UK stores look to June 15 reopening with concern
The UK’s non-essential retailers are getting ready for a June 15 reopening date, after retail sales volumes tumbled in the wake of lockdown measures imposed to slow the spread of the Covid-19 outbreak. But, shopkeepers are concerned about the business environment, and more than a third of women and youth ...
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Article
Italian retailers face huge downturn, slow recovery
The Italian non-food retail sector risks losing a fifth of its businesses by the end of the year and nearly half of its revenues without financial help and government support to stimulate the economy. The sector could also take more than eight years to return to pre-Covid-19 levels, according to ...
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ArticleMicam has industry support for September edition and prepares a B2B site
The organizers of Micam confirmed plans to hold the trade fair on Sept. 20-23, indicating that 75 percent of the Italian and international companies surveyed believe that the Milan-based event is an essential element to relaunch the industry. Micam also plans to launch a B2B platform.
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Article
Geox’s Q1 sales fall by 30%
Geox ’s sales fell sharply in the first quarter of 2020, which was heavily affected by temporary store closures due to the Covid-19 pandemic in all regions the company is present. It warned that the second quarter will be worse.
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News briefs
India extends lockdown for 2 weeks from May 4
The Indian government is extending a nationwide lockown for two weeks from May 4. The lockdown was scheduled to end on May 3 and will now run until May 17. The Ministry of Home Affairs however indicated that there would be significant relaxations in low risk parts of the country, ...
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News briefs
Ecco restructuring its European sales
In an effort to get closer to consumers, Ecco has decided to restructure its European sales organization, decentralizing the management of its wholesale operations. They will be led by a dedicated general manager in each of the three European regions. In the framework of this reorganization, Erik Heldoorn, sales director ...
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News briefs
Finn Comfort introduces EDI
Finn Comfort , the German brand for comfort shoes that is owned by the Waldi Schuhfabrik , has adopted an electronic data exchange (EDI) program as an option for its clients. Business data can then be exchanged in a fully automated manner via an EDI interface. Finn Comfort will be ...
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News briefs
Bundgaard and Dulls get new representative in the Netherlands
Thomas Wessels is the new representative in the Netherlands of the children’s shoe brands Bundgaard and Dulis . Bundgaard is a Scandinavian label and Dulis originates in Portugal.
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News briefs
Ecco takes charge of its Russian distribution
Ecco has confirmed our previous report concerning the takeover of its distribution in Russia from Ecco Ros, after nearly 30 years of collaboration. The business includes a network of 215 shops in Russia, Belarus, Kazakhstan, Armenia, Uzbekistan, Azerbaijan and Kyrgyzstan.
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News briefs
Grangers has a new distributor
Grangers , a British company founded in 1937 and specializing in aftercare products for technical clothing and footwear, has made Sea to Summit its exclusive American distributor. The partnership comes as Grangers is experiencing significant growth thanks to previous work with some of the largest retailers in the U.S., such ...
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News briefs
Legero United starts online platform
Legero United, the Austrian-based footwear group, started an online platform for retailers of its Superfit, Legero and Vios shoe brands this month. The platform features a B2B online store and provides marketing support, information on current shoe collections (with images available for download) and online training services. The B2B online ...
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News briefs
Vagabond parts ways with Tygesen Company A/S
At the end of May, Vagabond will be parting ways with Tygesen Company A/S , a distributor from Denmark that has served as its sales partner for many years. Vagabond International will take over Vagabond Schuhvertrieb , the sales company that handles the distribution of Vagabond’s products in Germany and ...
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News briefs
Ecco restructuring its European sales
In an effort to get closer to consumers, Ecco has decided to restructure its European sales organization, decentralizing the management of its wholesale operations. They will be led by a dedicated general manager in each of the three European regions. In the framework of this reorganization, Erik Heldoorn, sales director ...
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News briefs
Joya and Kybun, the Swiss brands of comfort shoes, have...
Joya and Kybun, the Swiss brands of comfort shoes, have developed a common retail concept. Matthias Müller – son of Karl Müller, the founder of the MBT brand of comfort shoes – will be managing the recently introduced retail concept as well as directing the new joint venture Kybun Joya ...
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News briefs
Brandpool will be marketing the Kangaroos Blue, Rooskickx and Flip...
Brandpool will be marketing the Kangaroos Blue, Rooskickx and Flip Flop brands in Switzerland as of January 2020. Bernd Hummel, the German company that holds the license to sell the brands. The new partnership started with the pre-order season for the autumn/winter 2020 collection. Every year, Brandpool sells more than ...
