News Briefs Retail – Page 3
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News briefs
Foot Locker expands to India
The U.S. specialty athletic retailer Foot Locker has entered into a long-term partnership with Metro Brands Ltd. and Nykaa Fashion to enter the Indian market. While Metro Brands will have exclusive rights to own and operate Foot Locker stores in India, Nykaa Fashion will be the exclusive e-commerce partner to ...
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News briefs
JD Sports in partnership with Instacart for same-day deliveries in North America
JD Sports Fashion and Instacart have entered a partnership to launch same-day delivery from more than 500 JD Sports and Finish Line stores in North America via the Instacart app and website. ”JD Sports is one of the first sports-fashion retail partners to leverage Instacart’s technologies, giving customers access to ...
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News briefs
Frankie4 opens a flagship store in Seattle
Frankie4, an Australian women’s footwear, has opened a permanent store, its first in the U.S., at the Bellevue Collection mall, located outside Seattle. The store was designed by JPC Architects and features 1,844 square feet of retail space. The store follows the success of a pop-up location in Bellevue Square ...
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News briefs
Generational change at Schneider Schuhe
A new generation has taken the helm at the Swiss footwear and fashion retailer Schneider Schuhe as Monika and Ueli Schneider handed over the family business to Helen and Samuel Schneider. The company said in a statement that the move, which marks a generational change from the 6th to ...
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News briefs
Gabor and ECC make reordering easier
The German shoe manufacturer Gabor Shoes has partnered with European-Clearing-Center (ECC) and the merchandise management system provider ETOS on a project aimed at making reordering easier and less costly. The shoe retailer Roman Degenhardt also joined the project and is testing its implementation. “ELViS, an acronym for our electronic supplier ...
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News briefs
Dr. Martens’ trading data is weak - Barclays
Data from Google Trends and Similarweb for Dr. Martens looks weak, lapping already poor data from 2022, according to Barclays. The British footwear company has a lot to deliver in the second half of its fiscal year, ending in March, to meet estimates. The task could be difficult if a ...
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News briefs
Timberland opens its first concept store in Japan
Timberland has opened its first concept store in Japan, in Tokyo’s Daikanyama neighborhood. The store offers footwear, limited-edition items and products created in collaboration with both domestic and international brands and artists, as well as the Japan-only premium line, Timberland +81 3. “With the launch of the Timberland +81 ...
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News briefs
Shein in partnership with ABG’s Forever 21 brand
Authentic Brands Group (ABG) has signed a long-term partnership agreement with Shein for Forever 21, a lifestyle and fashion brand for men and women present globally in 572 locations and online. Through the partnership, the fast fashion online retailer will design, manufacture and distribute a line of Forever 21 apparel ...
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News briefs
Online retailers enjoy a surge in footwear sales in Russia
During the first half of 2023, Ozon registered a threefold rise in turnover in the fashion segment. Ozon, Russia’s second largest marketplace, said that footwear and clothing remain one of the fastest-growing categories. In general, the company estimated that half the shoes or other fashion items in the country this ...
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News briefs
Metro Brands opens its 800th store in India
On Oct. 17, the Indian footwear retailer Metro Brands Limited opened its 800th store in its home country. Located in the Banjara Hills area of Hyderabad, the store, which operates under the FitFlop banner, has a total retail space of 716 square feet and is part of the group’s plans ...
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News briefs
Hoka opens a store in London
Hoka, which is owned by Deckers Brands, has opened a store in London, its first in Europe. Located at 2-3 James Street, near Covent Garden, the 1,750 square-foot store showcases the brand’s full line of footwear, apparel and accessories on two floors. In a statement, Stefano Caroti, the chief commercial ...
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News briefs
Cougar Shoes launches a collection with Michelin soles
Cougar Shoes, a Canadian footwear brand, has launched a winter collection featuring Michelin soles. The collaboration delivers footwear that is designed for women and made for ”real outdoor performance,” Cougar Shoes said in a statement, noting that the boots are temperature rated to - 40°C/-40°F. “I am so excited to ...
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News briefs
Ralph Lauren expands its presence in Canada
Ralph Lauren is expanding Canada with the launch of dedicated digital commerce and the opening of a Ralph Lauren store in the country. The store was opened in Toronto’s Yorkdale Shopping Centre and is the first in a planned expansion in Canada, building on the company’s existing wholesale and outlet ...
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News briefs
Kurt Geiger opens Oxford Street store
Kurt Geiger has opened a 2,916 square-foot store on the corner of Oxford Street and Holles Street in London. The British footwear and accessories brand is also planning the opening of stores in the Americas over the coming months. In October, the brand will open three stores in Mexico with ...
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News briefsAPL’s partnership with True Fit led to 15% drop in returns
A partnership between Athletic Propulsion Labs (APL), an American brand of luxury performance athletic footwear, and True Fit, an artifical intelligence driven fit platform, has led to a 2 percent increase in revenues while reducing fit-related returns by 15 percent on the Shopify platform, the companies said in a joint ...
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News briefs
Footasylum adopts new retail concept in larger store
Footasylum, leading British retailer of branded fashion and footwear, has moved to a new and improved retail space at the Lakeside Shopping Centre in England, where it previously occupied a space of around 300 square meters. The new 900-sqm space features a refreshed store concept that seeks to create a ...
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News briefs
H&M’s Q3 sales disappoint
H&M’s net sales in the third quarter that ended Aug. 31 reached SEK 60.897 billion (€5.1bn), up by 6 percent from a year ago but were “flattish” in local currency terms. Excluding Russia, Belarus and Ukraine, sales rose 8 percent in Swedish krona. H&M wound up its operations in Russia ...
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News briefs
Italy on the edge of a recession
Italy’s gross domestic product (GDP) is now expected to rise by 0.8 percent in 2023 and by 1.0 percent in 2024, said Mariano Bella, director of the research office of Italian retailers’ association Confcommercio. That compares with Confcommercio’s previous estimates of 1.2 percent and 1.3 percent growth for the two ...
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News briefs
U.S. National Retail Federation takes over the Reverse Logistics Association
In the U.S., the National Retail Federation (NRF) has acquired the Reverse Logistics Association (RLA), a global trade association for the returns and reverse industry. The move is part of “NRF’s unrivaled commitment to support sustainable practices throughout the retail industry,” according to a statement. “NRF has a long ...
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News briefs
Russia’s former New Balance distributor launches a new chain
Jamilco, the former Russian distributor of New Balance, announced the launch of the multi-brand footwear retail chain Trendzone. Initially, the company will open 32 stores at sites formerly run under the New Balance banner. The company has already opened an online store, trendzone.ru, to which users are automatically redirected from ...
