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News briefsStockX booms over Cyber Weekend
This year StockX enjoyed its best Cyber Weekend ever. The daily gross merchandise value (GMV) for the period averaged a growth of 100 percent year-on-year. Black Friday’s rate of one trade per second rose at times in the subsequent days to as much as three per second. The website ...
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Global footwear market to grow 2% a year to 2024 - Technavio
The global footwear market is expected to grow by an annual average of over 2 percent in the period running from 2020 to 2024, according to a report published by the research and advisory company Technavio . The increase would add $42.1 billion to the market’s overall size. It ...
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Ozon enjoys a successful IPO
The e-commerce giant Ozon went public on Nov. 24 on the Nasdaq stock exchange in New York, and enjoyed one of the most successful initial public offerings (IPO) for a Russian business in years. The company managed to sell 33 million shares at $30 each, raising $990 ...
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Heelys’ parent undergoes strategic review
Sequential Brands , a U.S. group that has a portfolio of consumer brands including Heelys , Avia and DVS , said that its board has relaunched a “broad exploration of strategic alternatives.” The alternatives may include the sale of the company or the disposal of one or more brands. ...
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Zalando adds 1 mln clients during Cyber Week
Zalando acquired more than 1 million new customers during the sixth edition of its Cyber Week, surpassing last year’s new customer record. Gross merchandise volume (GMV) grew by about 35 percent over same the period and some 7,500 orders were placed per minute at peak times. The share ...
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VF opens its first multi-brand store
The VF Corporation has opened its first multi-brand store on a surface of 2,000 square meters on three levels in a landmark building near Milan’s cathedral. Named after its address, Orefici11 carries three brands – Timberland , The North Face and Napapijri – with dedicated ...
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Record Cyber Monday in the U.S.
Online shopping in the U.S. reached $10.8 billion on Cyber Monday, according to Adobe Analytics . It was a 15.1 percent increase on the previous year and a daily record for online shopping in the country. Online shopping reached $5.1 billion on Thanksgiving and $9.0 billion on Black Friday, ...
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Yoox Net-a-Porter names Geoffroy Lefebvre CEO
Yoox Net-a-Porter ( YNAP ), the fashion online retailer owned by the Swiss luxury goods group Richemont , has appointed Geoffroy Lefebvre as chief executive, effective on Jan. 4. He replaces Federico Marchetti who remains as chairman. In March, Marchetti announced his intention to relinquish the ...
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Who’s Next postponed to March 5-7
WSN Développement , the organizer of Who’s Next , has decided to postpone the January edition of the Paris-based trade show to March 5-7, when it will be held with Premiere Classe during the Paris Fashion Week. WSN already had to cancel the September edition of Who’s Next ...
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LVMH head sees company exiting the Covid-19 crisis stronger
The French luxury goods group LVMH is coming out of the Covid-19 crisis “rather stronger” thanks to its worldwide presence, according to its chairman and chief executive Bernard Arnault . “We have for a long time had the strategy of covering most of the planet with our sites, ...
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NSRA appoints Mark Denkler president
Mark Denkler will become president of the National Shoe Retailers Association (NSRA) on Jan. 1, replacing Chuck Schuyler who, in mid-November, announced his retirement after 15 years. The NSRA was formed in New York in 1912 and is North America’s largest footwear organization supporting independent footwear ...
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Schmidt-Eisenhart will be Calida Group’s new CEO
The board of directors of the Swiss Calida Group , which includes the Lafuma Group with the outdoor brands Millet and Lafuma , has appointed Timo Schmidt-Eisenhart as chief executive officer of the Calida Group. Schmidt-Eisenhart will succeed Reiner Pichler in the first half of 2021. ...
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Two former Balmain executives launch La Ligne Numérotée
Françoise Misiraca and Charlotte Sauvat , two former executives of the French fashion house Balmain , have launched the upscale women’s footwear brand, La Ligne Numérotée . Misiraca spent 18 years at Balmain, where she held various roles, including head of its men’s department. Sauvat has been a ...
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Dr. Martens opens a store in Dortmund
Dr. Martens has opened a store in Dortmund, increasing its network in the German region of North Rhine-Westphalia to four units. The other stores are located Cologne, Düsseldorf and Bonn. The latest store is on 60 square meters and situated in Dortmund’s main shopping street, Westenhellweg.
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AGL expands in Asia
The Italian shoe maker Attilio Giusti Leombruni ( AGL ) has opened a corner in the department store SKP Beijing as part of its expansion in Asia. AGL also intends to enter a partnership with a specialty retailer in Shanghai and is due to launch an store online ...
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Assomac elects a new president, postpones Simac Tanning Tech
The Italian association of tanning and footwear machinery manufacturers, Assomac , has elected Maria Vittoria Brustia as its new president until 2024, replacing Gabriella Marchioni Bocca . Brustia is president of Brustia-Alfameccanica . The company was founded in 1958 in Vigevano and specializes in the production of heel nailing ...
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Igedo confirms the winter editions of the Gallery events
The German trade fair organizer, Igedo , indicated that Gallery Fashion Shoes will be held from Jan. 30 to Feb.1 and Gallery Shoes Fashion will run from March 7 to 9 in Düsseldorf. The company confirmed the format introduced last year resulting from ...
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Schuhe24 group offers retailers free access to its platform
The Schuhe24 group is offering retailers access to its platforms Schuhe24, Outfits24 , Taschen24 , Dein Juwelier and Sportmarken24 free of charge. Dominik Benner , the founder and managing director, said that the €450 subscription fee was suspended for the rest of the year and for ...
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Louis Vuitton sneaker helps combat AIDS
From Dec.1, the Louis Vuitton I (RED) Trainer will be available in selected Vuitton stores worldwide. The company pledged that for every pair sold, $200 will be donated to RED , the organization founded in 2006 by the singer Bono and the activist Bobby Shriver to fight ...
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Hunter names Claudia Plant CMO
Hunter Boots has appointed Claudia Plant as chief marketing officer (CMO). She joins the company from the British cosmetics firm Charlotte Tilbury Beauty , where she was interim CMO for five months. Between January 2017 and December 2019, Plant was senior vice president of brand experience at Burberry ...
