Retail & Distribution – Page 10
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ArticleCCC Group plans to triple sales by 2025
The Polish footwear and apparel retailer CCC Group plans to triple revenues to over 20 billion zloty (€4.2bn-$4.8bn) in 2025 largely thanks to the development of its online business and of its newly launched off-price banner HalfPrice, as well as an increased presence in apparel and accessories. The share of ...
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ArticleEmerging designer: Umòja starts delivering its plant-based sneaker
Umòja, a Franco-African startup, has began delivering its newly created plant-based sneaker. The company, which is based in Brest, France, is a hand-made sneaker brand that combines tradition, modernity, and innovation while valorizing West African textile craftsmanship. Founded in 2018, the company, whose name means “unity” and “creating a link” ...
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ArticleHotter sales surge as shift to digital pays off
Hotter Shoes reported a surge in first-half sales after it overhauled its channel strategy to focus on digital sales. In the first half of fiscal 2022, which ended in July, U.K. sales surged by 39 percent year-over-year to £25 million (€29.2m-$33.8m). The British footwear company posted earnings before interest, tax, ...
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ArticleItalian luxury sector expects a rebound in U.S., European sales
Italian luxury firms are currently focusing on the Asia Pacific region but they expect a sales rebound in key markets such as Europe and the U.S. following the slump caused by the Covid-19 pandemic. An omnichannel strategy will remain a key driver to reap the benefits of the expected growth, ...
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ArticleEmerging designer: Arnaud Barboteau puts old tires back on the road
O.T.A. Paris, the brainchild of Arnaud Barboteau, was one of the 12 international up-and-coming footwear brands showcased on the Emerging Designers stand at the Micam footwear show at the Rho Fiera Milan fairgrounds from Sept. 19-21. Featuring soles made from redundant vehicle tires, O.T.A. Paris sneakers are distributed in 14 ...
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ArticleBritish luxury brands face duty-free hit
The U.K.’s luxury goods sector is set to feel the full impact of the government decision to axe tax-free shopping as Covid-19 travel restrictions come to an end and a key Chinese week-long public holiday looms, a survey showed. Latest data from the e-commerce specialist ESW revealed that 46 percent ...
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ArticleLloyd sees sales rebound, launches new biking shoe collection
The German shoemaker Lloyd Shoes is preparing the commercial launch of a new collection for e-bike riders heading to the office, as its own business starts to pick up after suffering from coronavirus-related lockdowns. Lloyd will begin selling the snap collection in early October in stores, including bicycle retailers, in ...
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ArticleEmerging designer: Jerelyn Creado receives first order from Italian boutique
Exhibiting as part of the Emerging Designers event at Micam, held at the Milan Fairgrounds from Sept. 19 to 21, 2021, Jerelyn Creado’s eponymous brand scored its first-ever order from an Italian retail store – by the middle of the second day. From December, the designer’s colourful hand-made women’s shoes, ...
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ArticlePrimark benefits from pent-up demand, sees inventories declining
Associated British Foods (ABF) expects the adjusted operating profit of its food business and Primark to exceed its expectation for the fourth quarter ending Sept. 18. “Primark’s operating profit margin in the period was strong despite lower than expected sales,” ABF said in a statement. Primark is expected to post ...
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ArticleDesigner Brands gains market share in athleisure, kids’ footwear
In the second quarter ended July 31, Designer Brands posted a 66.9 percent year-on-year increase in net sales to $817.3 million, with comparable sales up by 84.9 percent as it continues to focus on athleisure and kids’ footwear. The U.S. retail business posted an 83.5 percent increase in sales to ...
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ArticleDeichmann sales fall 20% in 2020
The German retailer Deichmann suffered a 20 percent decline in sales last year, resulting in €1 billion in lost revenues globally, due to the outbreak of the Covid-19 pandemic, the chairman, Heinrich Deichmann, told Textilwirtschaft. In the interview, he said that the group had not dismissed any employees or closed ...
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ArticleEobuwie opens its first physical store outside Poland
Eobuwie, the online retailer owned by the Polish group CCC, has opened its first brick-and-mortar store outside Poland. Eobuwie has 25 physical stores in its home market and opened on July 30 a store in the Novy Smichov shopping center in Prague. Previously, eobuwie only operated in the Czech Republic ...
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ArticleBoohoo ties-up with Alshaya to expand Debenhams in Middle East
Boohoo has formed a partnership with Kuwait-based Alshaya Group to expand the presence of the British fast fashion retailer’s Debenhams brand in the Middle East. Alshaya, a franchise operator which currently runs Debenhams stores in shopping malls, will have exclusive rights to operate the stores and ...
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ArticleSchuhplus expands retail network in Germany
Schuhplus , the German mail-order retail specialist for extra-large men’s and women’s shoes, is expanding its retail network with six new store openings across the country. After the recent announcement of a 125-square-meter store in Leipzig’s main railway station, the retailer prepares to open new locations in Dresden, Munich, ...
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ArticleAktiv Schuh’s restructuring plan is approved by creditors
Less than nine months after Aktiv Schuh filed for bankruptcy, creditors unanimously approved its restructuring plan. As the Berlin-based company’s reorganization is about to be completed, Aktiv Schuh - a 120-year-old family business that employs around 200 people - expects self-administration proceedings to be lifted this month. On ...
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ArticleMost consumers have changed shopping habits with the pandemic
In its latest Fast-Moving Consumer Goods ( FMCG ) Report 2021 , London-based data and analysis company YouGov surveyed more than 19,000 consumers in 17 markets worldwide to find out about their shopping behavior. The study reveals differences between the various markets, but also similarities. A 59 percent ...
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ArticleBavaria enforces a lockdown, England re-opens
While Bavarian shoe stores were forced to close down again as of April 12, all types of non-essential retailers, including shoe stores, were allowed to re-open in England and Wales. The British Retail Consortium has estimated that non-food stores have lost some £27 billion (€31bn-$37bn) in sales from ...
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ArticleKering unveils new logistics hub in Italy
Kering has presented its new logistics hub located in Trecate, about 50 kilometers west of Milan in the province of Novara, and managed by XPO Logistics . The French luxury goods group said that it was its largest investment in Italy but without indicating the amount. The site ...
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ArticleVF’s new fulfillment center in the U.K. begins operations
VF Corp., through its local subsidiary VF Northern Europe Limited, has begun operations at its new fulfillment center in Bardon, Leicestershire, which will employ about 250 people at peak times. The new 55,800-square-meter center will have “state-of-the-art automation capabilities putting it at the forefront of the footwear and apparel industry.” ...
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ArticleCole Haan to expand in Northern, Eastern Europe with Norgroup Retail
After testing the German market through partnerships with local dealers and marketplaces, including Zalando , the American brand Cole Haan has decided to join forces with the distributor Norgroup Retail . Thanks to the partnership, Norgroup Retail, which is based in Copenhagen, will represent Cole Haan in 15 ...
