All Retail articles – Page 35
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ArticleAllbirds launches a resale platform
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has launched the resale platform Allbirds ReRun in partnership with Trove, which specializes in branded recommerce. ReRun will initially offer customers at three stores the option of trading in their Allbirds shoes for $20 in store credit. Following the ...
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ArticleNew global store concept for Hoka launched in Asia
Green Room, an experimental design agency based in Birmingham, England, has partnered with footwear and apparel brand Hoka One One to develop a new global store concept that has been launched first in China and Southeast Asia. The partnership has developed a community-focused retail concept that will be rolled out ...
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Rexor posts positive results in 2021
Rexor, the German buying group controlled by ANWR, posted positive results in 2021. Despite months-long lockdowns and delivery bottlenecks rippling through the supply chain, the Düsseldorf-based company reported a sales increase of 0.4 percent to €177.1 million. In Belgium, where lockdowns had a smaller impact on retail, the company outperformed ...
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Allbirds opens a store in Charlotte
Allbirds, the California-based producer of Wool Runner merino shoes and other eco-friendly sneakers and apparel, opened its first store in Charlotte, U.S. The 2,964 square foot space is the company’s 36th store worldwide. ”Displays around the shop call attention to the merino wool, sugarcane, tree, and other materials that its ...
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A quarter of Nike shoes in Russia are fakes
Roughly 25 percent of all Nike shoes on the Russian market are fakes, showed a research conducted by the Russian business union Social Consumer Initiative. The share of counterfeit products ranges between 0 and 5 percent for Adidas, Asics, New Balance, Reebok, Puma and Skechers, said Oleg Pavlov, head of ...
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US footwear sales exceed $100bn in 2021
Footwear sales in the U.S. rose by 29.8 percent in 2021 to a record $100.7 billion, according to the trade association Footwear Distributers and Retailers of America (FDRA), which claims to represent 95 percent of all U.S. shoe companies. It noted that the record was helped by a 20.5 percent ...
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Global sports shoe market to grow strongly this decade
Global sales of athletic footwear are expected to grow strongly this decade according to two separate reports. The surveys have different estimates but both highlight the robust upward trend of the industry. The market is expected to reach $165 billion in 2030, representing a 50.4 percent increase from the $109.7 ...
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Bisgaard to launch a women’s collection in Germany
Bisgaard is launching a women’s collection in Germany, collaborating with Düsseldorf-based agency Muth. The Danish brand already sells children’s shoes in about 700 doors in Germany. Under the partnership deal, Muth will manage the distribution of Bisgaard’s women’s collection in the new market starting from the next autumn/winter season. The ...
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Legero and Gore-Tex expand collaboration with new product display
The Austrian-based footwear group Legero United and the fabric manufacturer Gore-Tex have decided to expand their long-standing collaboration. The two companies announced an innovative, interactive installation display for the Humanic store on Graz’s Herrengasse. Their joint shoe models will be displayed alongside projected moving images of natural landscapes ...
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ArticleH&M sales up 20% in December-January
Between Dec. 1 and Jan. 31, 2022, H&M expects sales in local currencies to increase by 20 percent compared with the same period last year. Despite the rise, it noted that the period was negatively affected by the latest wave of the Covid-19 pandemic in many of its larger markets. ...
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ArticleRussian bank takes over Stockmann to boost its e-commerce business
SberBank has signed a binding agreement to buy a 100 percent stake in the Russian fashion retailer Stockmann during the first half of 2022. The Russian bank plans to combine the retailer with its own multi-category marketplace, SberMegaMarket. The investment will be made “after conducting a comprehensive investment review” and ...
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Frankie4 opens its first store in the U.S.
Frankie4, an Australian brand of premium comfort footwear, opened its first store in the U.S., as well as its U.S. headquarters, in Capitol Hill, one of Seattle’s hippest neighborhoods. The move comes after the launch in 2021 of the brand’s American e-commerce business. The store will offer the full Frankie4 ...
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Aquazzura picks Cegid Retail for its stores
Aquazzura has chosen Cegid’s unified commerce and point-of-sale (POS) platform Cegid Retail to offer a more personalized consumer experience and further the digital transformation of its stores. The Italian luxury footwear brand was founded in Florence in 2011 and has stores in Italy, France, the U.K., Middle East and America. ...
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Kurt Geiger plans to open 13-15 stores in 2022
Kurt Geiger plans to open a new shop every month this year as the British luxury footwear and accessories retailer gains clients, the chief executive Neil Clifford told the daily The Times. This could result in the opening of 13-15 Kurt Geiger stores this year, the highest number since 2008. ...
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Metro Brands Q3 sales up by 59%
In the third quarter ended on Dec. 31, the Indian footwear retailer Metro Brands posted a 59.0 percent surge in consolidated sales to 4,840 million rupees (€57.3m-$65.0m) lifted by an expansion of the store network and the lifting of anti Covid-19 measures. The quarter was the first since March 2020 ...
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Dozens of shoe stores damaged in Kazakh unrest
Several dozens of shoe stores were damaged by the unrest in Kazakhstan during the first week of January, according to local reports. The National Chamber of Entrepreneurs of Kazakhstan calculated at 88.1 billion tenges (€178m- $200m) the damage caused to businesses by the rioters. More than 90 percent of the ...
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Next cuts sick pay for unvaccinated staff isolating after Covid contact
The British fashion retailer Next is cutting sick pay for unvaccinated staff who must self-isolate due to exposure to Covid-19. The move means that unvaccinated workers required to isolate after being identified as a close contact of someone with Covid could receive as little as the UK’s statutory sick pay ...
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Rizzo’s debt restructuring to be discussed Jan. 24
The Stockholm District Court will hold hearings on Jan. 24 to discuss a debt restructuring proposal for Rizzo and its subsidiary Rizzo International. The court also approved to Rizzo’s request to extend its restructuring period for an additional three months to March 21. The Swedish retailer’s composition offer involves the ...
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Sergio Rossi to open a store in Milan’s Spiga 26 hub
The Italian shoe maker Sergio Rossi has decided to rent an about 200-square-meter space at the Spiga 26 hub located in the heart of Milan’s fashion district. Sergio Rossi is the second tenant of the real estate project after the brand Moschino, owned by the fashion group Aeffe. The shoemaker’s ...
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Skechers takes over its distribution in the Philippines
Skechers has taken charge of its distribution in the Philippines through a subsidiary, Skechers USA Philippines. The current distributor, Trendworks International, will continue to sell Skechers products until the end of this year. According to David Weinberg, chief operating officer of Skechers USA, a “dedicated team focused on growth and ...
