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    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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    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 ...

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    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 ...

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    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 ...

  • Aktiv Schuh

    Aktiv 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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    Most 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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    Bavaria 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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    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 ...

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    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 ...

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    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 ...

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    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 ...

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    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 ...

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    Europe’s patchwork of Covid-19 regulations for retailers


    Ongoing changes to local Covid-19 safety regulations for retail stores make it difficult to stay on top of things as the pandemic situation heats up again in most European countries. Here is an overview (as of March 25, subject to change and with regional variations) of the status of so-called ...

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    ​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 ...

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    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 ...

  • Geox breathes

    ​Geox reaches a deal to reorganize its Canadian business


    Geox has reached an agreement with creditors to restructure its Canadian business. The company had previously announced plans to streamline its activities in certain countries if it could not align rent costs with market conditions. The other countries under review are the U.S., Japan, the U.K. and Germany. ...

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    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 ...

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    Digitalization fast-tracks transformation of B2C relationships


    The Covid-19 pandemic and the resulting lockdowns have led fashion companies to accelerate on digitalization, leading to profound long-term changes both in digital and in brick-and-mortar retail in a rapidly changing environment. Such acceleration in the digital shift deeply impacted not only B2B relations, but also the B2C world, ...

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    Fashion companies speed up digitalization, target digital/brick-and-mortar integration


    The Covid-19 pandemic and the resulting lockdowns have sped up the digital transformation for both businesses and consumers, at the same time setting off profound changes in digital retail, some of which are set to be long-lasting. These recent trends and the tools to best respond to this rapidly ...

  • VRG Rizzo

    Rizzo suspends purchases due to business slowdown


    Rizzo Group , the Swedish retailer which offers suitcases, bags, shoes and accessories, is suspending purchases “to get through the spring” because of a sharp slowdown in activity stemming from the restrictions imposed to combat the Covid-19 pandemic. In a statement, the company, which is present in Sweden and ...