News Briefs Retail – Page 13
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News briefs
John Lobb opens a store in Paris
John Lobb has opened a club-like store, with interior design by the French firm Ciguë, at 51 rue François Premier in Paris. The brand’s CEO, Philippe Gonzalez, described it to Fashion Network as a “place and moment to cool down.” “Even if you don’t buy today,” he continued, “you will ...
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News briefs
Besson to open 3 new stores on May 19
The French footwear retailer Besson Chaussures is opening on May 19 three new stores, including its first in Paris. Besson’s stores are typically located in the outskirts of urban areas. The retailer currently has a network of 164 stores. The Parisian store will occupy 940 square meters and will be ...
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News briefs
Eram to open stores co-branded with Texto and Bocage
The French footwear retailer Eram has revamped four stores that will be co-branded with its low-to-mid tier brand Texto and premium label Bocage. The stores are scheduled to be launched on May 19 with the easing of Covid-19 lockdown measures in France. Eram first tested a co-branded store with Texto ...
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News briefs
Skechers to open its first French outlet store
Skechers is planning to open its first outlet store in France this summer. The store will be located in Corbeil-Essones, south of Paris. The U.S. brand already has three company-managed shops and nine franchise stores in France.
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News briefs
Shoeaholics opens a huge store in London
Shoeaholics, the discount brand of the British luxury footwear and accessories retailer Kurt Geiger, has opened a 25,000 square feet store in the Westfield London shopping center, located in White City, in west London. It claims that it is the largest footwear store in the U.K. Kurt Geiger created Shoeaholics ...
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News briefs
Ecco opens flagship store in Shanghai
Danish footwear brand Ecco opened a new flagship store in Shanghai in April. The company said that physical stores remain an important and attractive sales channel for Ecco’s customers, although online shopping has become an essential part of the “new normal.” Additionally, life in Shanghai right now is not hampered ...
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News briefs
Pretty Ballerinas opens 3rd store in China
Pretty Ballerinas, which belongs to the Spanish company Mascaró, has opened its third store in China. The 53-square-meter store is located in the Shenyang MixC One mall in the city of Shenyang, in the northeast of the country. The brand already has stores in Beijing and Shanghai.
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News briefs
Russia appeals less to foreign brands
A research by CBRE indicated that international brands have partly lost interest in the Russian market due to the Covid-19 pandemic. In the first quarter of 2021, only three fashion brands entered the country: Ecco Kids, Shikkosa and Accessorize. This is estimated to be the lowest number since the 2014 ...
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News briefs
Birkenstock opens 3rd U.S. store
Birkenstock has opened its third U.S. store in Brooklyn’s Williamsburg neighborhood. “Williamsburg, Brooklyn is the perfect neighborhood to celebrate and interact with our brand fans in the area. It is a vibrant place unlike any other and serves a new generation of families and urban creatives,” said David Kahan, CEO ...
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News briefs
Lloyd Shoes opens a concept store in Vienna
The German shoemaker Lloyd Shoes has opened an 88 square-meter concept store in Vienna’s central Kärntner Strasse. The store offers shoes, accessories and leather jackets for women and men. In order to build up brand awareness in Vienna, the company also created a Lloyd shop-in-shop in the Salamander footwear store ...
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News briefs
Obuv Rossii’s profit slumped in 2020
Obuv Rossii’s revenues in 2020 decreased by 21.4 percent to 10.772 billion rubles (€119m-$140m) from 13.702 billion rubles (€152m-$179m) in 2019 due to the impact of the Covid-19 pandemic. In April 2020, all the company’s stores were closed due to a pandemic-related lockdown and part of them opened in May-June. ...
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News briefs
H&M plans layoffs, store closures in Spain
Hennes & Mauritz (H&M) intends to lay off more than 1,000 workers in Spain who are now under furlough due to the Covid-19 pandemic, according to the Spanish union Comisiones Obreras (CCOO). The Swedish apparel retailer “informed employee representatives of the launch of a redundancy plan which it said will ...
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News briefs
Schuhplus to open a store in Leipzig station
Schuhplus, the German mail-order retail specialist for extra-large men’s and women’s shoes, is scheduled to open in May a 125 square meter store in Leipzig’s main railway station. The station has about 70,000 passengers a day and ranks as Europe’s best, according to the European Railway Station Index for 2021. ...
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News briefs
Shoe retailing becomes an essential service in Bavaria
ANWR Group has obtained a court verdict in Bavaria that allows its own 19 Schuh Mücke shoe shops to open their doors in the state as of April 1, despite a nationwide retail lockdown, because the sale of shoes is an “essential” service. The court’s decision is applicable for the ...
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News briefs
French government earmarks €200 mln to help fashion retailers
Alain Griset, the French minister in charge of small and medium enterprises, said that nearly €200 million will be made available to the about 35,000 retailers of apparel, footwear, sporting goods and leather goods that are laden with unsold stock due to the Covid-19 related lockdowns. In an RTL radio ...
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News briefs
Yeezy’s Adidas 2020 sales jump 31%
Sales of sneakers resulting from Yeezy’s collaboration with Adidas grew by 31 percent to nearly $1.7 billion in 2020, according to a document prepared by the Swiss bank UBS, details of which were reported by Bloomberg. The partnership generated $191 million in royalties for Yeezy, the sneaker and apparel business ...
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News briefs
French government may authorize extra clearance periods
The French government is studying the possibility of additional clearance periods to help companies, such as apparel and footwear retailers, to eliminate stocks accumulated during Covid-19-related lockdowns. In an RTL radio interview, the French Economy and Finance minister Bruno Le Maire said “we are studying two options which could be ...
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News briefs
Munich’s largest shoe store to open in April
Schmid Schuhe Mode Sport is opening next month the largest shoe store in the Munich area, taking the place of a former Karstadt department store in the Olympia shopping mall. The 9,500-square-meter location will offer regular and sports shoes for the whole family on two floors. Based in Augsburg, the ...
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News briefs
L’Agence diversifies into footwear
The Californian ready-to-wear brand L’Agence is partnering with Titan Industries to launch a line of footwear produced in Europe. The collection will be available this autumn and will be initially sold online. But, the companies plans to expand distribution to department stores and specialty stores.
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News briefs
Birkenstock opens its largest store in Asia
Birkenstock has opened its first store in the Indian city of Bengaluru, also known as Bangalore. The 170 square meter location is the German footwear brand’s largest in Asia to date. It is spread over two floors and carries over 320 models. Birkenstock is expanding in India and recently opened ...