Product & Marketing – Page 265
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News briefs
Drapers to hold footwear awards online on Aug. 6
Drapers is holding a series on high-profile events online as a consequence of the Covid-19 pandemic. On Aug. 6, the business-to-business fashion retail magazine and website will hold its Drapers Footwear Awards. On Sept. 30 and Oct.1, it has programmed the Drapers Digital Festival that will include debates on the ...
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Article
Floris van Bommel enhances the delivery service to retailers
The Dutch shoemaker Floris van Bommel has reorganized the delivery service to wholesale clients to increase flexibility. For the spring/summer 2021 season, five delivery time windows will be offered to retailers, up from three previously. Delivery slots will now be available in November, December, January, February and March. ...
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News briefsHermès’ purchase of J3L cleared by the French antitrust agency
The French antitrust agency, Autorité de la concurrence, has authorized, without conditions, Hermès’ plans to take full control of J3L, that it currently jointly controls, on the grounds that the transaction does not hinder competition. J3L produces high-end metal parts for luxury companies, especially for handbags, briefcases, wallets and shoes. ...
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Article
Only a quarter of U.K. companies are ready for Brexit
Only 24 percent of U.K. business leaders believe that their businesses are fully ready for the end of the Brexit transition period, which concludes on Dec. 31, according to a survey by the Institute of Directors (IoD). According to the survey, 19 percent of respondents said that they are ...
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ArticleFootwear fails to keep pace with upswing in online sales in Germany
Despite enjoying a recovery, online sales of footwear lagged other product categories in Germany during the second quarter. As the country eased lockdowns imposed in a bid to counter the coronavirus pandemic, online sales reported a higher-than-average increase in the second quarter, swinging back to growth after a slump ...
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News briefs
Schuh Schneider closes all its stores in Germany
The German shoe retailer Schuh Schneider GmbH from Reutlingen closed its eleven stores after filing for bankruptcy at the end of March. The decision to close the businesses stems from the lack of guarantees to ensure their continuation. According to press reports, the company’s boss Steffen Marsik was on track ...
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ArticleWortmann to hold another home-made digital event for its brands
The Wortmann Group is embracing the opportunities offered by internet to hold its own digital trade shows. But, it has also decided to increase its digital presence by taking part for the first time in an online trade show for the textile industry.
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ArticleMicam Americas September edition cancelled
The British trade fair organizer Informa Markets has cancelled the fashion trade show Magic, which includes the footwear show Micam Americas, scheduled to run from Sept. 30 to Oct. 2 at the Las Vegas Convention Center due to health, safety and travel concerns related to the Covid-19 pandemic. Along with ...
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News briefs
Gallery Fashion, Gallery Shoes to be held Aug. 30 to Sept. 1
The fashion fair Gallery Fashion and the shoe fair Gallery Shoes is scheduled to take place from Aug. 30 to Sept. 1, 2020 in Düsseldorf. The emphasis will be on shoes, as about two thirds of the exhibitors will come from the footwear industry and the other third from the ...
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News briefs
Tacco Footcare is bankrupt again
Tacco Footcare, a German shoe-care producer that had been bought by the Polish firm Kaps in February 2019, is bankrupt again. Tacco Footcare filed for bankruptcy due to insolvency and over-indebtedness on April 8 and proceedings were opened on June 23 by the district court of Bielefeld, where the company ...
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News briefs
Lloyd stops production in Germany
Lloyd Shoes, the big German shoe manufacturer specializing in men’s footwear, expects a decline in sales of around 30 percent in the current financial year due to the coronavirus crisis. In response to a reduced demand for business shoes, the manufacturer will stop manufacturing at the Sulingen site in Germany, ...
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ArticleItalian shoe exports down by 9.2% in value in Q1
Italian shoe exports fell by 9.2 percent year-on-year in value to €2.43 billion in the first quarter of 2020, and by 14.7 percent in volume to 52.7 million pairs as the industry was affected by the Covid-19 pandemic, according to data released by the footwear association Assocalzaturifici. In March alone, ...
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News briefs
Boohoo to review UK supply chain as retailers drop brand over pay, conditions scandal
Boohoo, the UK e-tailer and fast fashion brand, has commissioned an independent review of its domestic supply chain and promised to spend £10 million dealing with malpractice after major retailers, including Amazon, Next and Asos stopped stocking its clothes. The review comes as Boohoo deals with allegations of using suppliers ...
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News briefs
Iconic Parisian store Tati closes
GPG, the French retailer which operates under the Gifi banner, has decided to permanently close the iconic cut-price Tati store located in boulevard Barbès in Paris’s 18th arrondissement. The store suffered a 60 percent drop in sales between Oct. 1, 2019 and May 31, 2020 due to the Covid-19 pandemic ...
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ArticleBeaumanoir to buy a large chunk of La Halle’s assets
Beaumanoir, a French fashion group that owns the brands Morgan, Cache Cache, Bréal, Bonobo and Vib’s, says that it has been chosen by a Paris-based court to take over a large part of the assets of La Halle, a French apparel and shoe retailer. The company is due to take ...
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News briefs
Leder & Schuh obtains aid from government, banks to relaunch its activity
Austria’s Leder & Schuh has obtained support from the government and a pool of banks to relaunch its activity in the wake of the Covid-19 pandemic. The company described the pandemic as the greatest challenge in its history. All 200 Leder & Schuh stores in nine countries (Austria, Germany and ...
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ArticleMandatory tagging of footwear is finally introduced in Russia
After several delays and despite the continuing protests of some market participants, the Russian government has introduced a mandatory tagging of footwear on the domestic market from July 1. Now, all shoes not featuring Data Matrix tags will be illegal. The government estimates that this measure will wipe out counterfeit ...
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ArticleCCC online sales nearly match physical store sales in Q2
In the second quarter, CCC, the international Polish-based shoe manufacturer and retailer, saw its online sales nearly match those posted by its physical stores due to the impact of the Covid-19 pandemic and the subsequent lockdowns. Nevertheless, the surge of the e-commerce business did not fully offset the slump in ...
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News briefs
Veja opens circular-economy test shop in Bordeaux
Veja has set up a 250-square-meter test shop devoted to repair and recycling. Called Veja X Darwin and located in the French city of Bordeaux, the shop carries prototypes that never went into production, sneakers with small manufacturing flaws and sneakers from old collections. A workshop will repair and clean ...
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ArticleHow are retailers managing excess stock in Covid-19 times?
Managing stock has always been a tricky part of any business. But it becomes even more so when demand evaporates overnight as occurred with the outbreak of the Covid-19 pandemic and the subsequent lockdowns worldwide, prompting manufacturers and retailers to be nimble and explore various different solutions.
