All E-Commerce & DTC articles – Page 28
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Article
Ecco goes more digital
The expansion of Ecco’s store portfolio growth slowed to the addition of only six extra shops, with 200 openings and 194 closures. On the other hand, investments in direct-to-consumer sales channels continued in 2019, with net sales from retail and e-commerce combined increasing by 10.9 percent. Revenues from online channels ...
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Article
U.S. shoe retail chains react to Covid-19
Genesco furloughed several employees at its corporate offices, call centers and distribution centers, slashing its workforce by 90 percent. More highly compensated employees will have their pay reduced. The group said it will continue to maintain health benefits for all furloughed employees. On a positive note, Genesco said that ...
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Article
CCC’s online sales mitigate coronavirus impact
CCC, the international Polish-based shoe manufacturer and retailer, saw revenues for the first quarter of 2020 decline by 9 percent from the year-ago quarter to PLN 944 million (€207.9m-$226.5m).
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Article
Asos raises £247 million in capital increase
Asos raised £247 million pounds (€281m-$308m) with the placement of 15,805,943 new ordinary shares. The British online fashion retailer said that the cash call was intended to protect it against a prolonged downturn stemming from the current Covid-19 pandemic and to position the business for long-term growth.
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Article
German suppliers and retailers cooperate in the Covid-19 crisis
The German shoe industry association, HDS/L, is working on a special program for retailers together with the BDSE, the federal association of shoe retailers, according to Schuhkurier. Each brand or manufacturer should define the shoe models from the current, already delivered, spring/summer collection whose sale will be postponed for the ...
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OpinionWhy 2020 could be the year Amazon becomes unstoppable
From infiltrating the pharma business to owning the internet, the Amazon juggernaut will be flexing its muscle with broad implications.
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Article
With higher sales and visits, Zalando pushes its marketplace
Zalando’s momentum keeps going, and the e-tailer is looking at new ways to grow after posting strong results for the fourth quarter of the year. One of the highlights was a jump in the number of site visits, which progressed by 31.9 percent to 960.7 million. The company’s revenues ...
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Article
E-commerce drove Steve Madden
Steve Madden issued a cautious outlook for 2020 due to headwinds from the coronavirus outbreak, China tariffs and the termination of the Kate Spade footwear license. It said on Feb. 27 that it expected revenues to remain flat or to increase by 1 percent compared with 2019, but then on ...
