The latest news, analysis and data on topics including Financial Results, Corporate, M&A, Omnichannel, Retail & Distribution, E-Commerce & DTC, Market statistics, Policy & Legal, Trade & Sourcing, Marketing, Products, Trade fairs & Events
Steve Madden returned to a profit in the fourth quarter as its results improve after the slump caused by the Covid-19 pandemic.
The year 2020 was a difficult one for Wolverine Worldwide. Looking on the bright side, the management said it delivered better-than-expected results for the fourth quarter and is poised to drive an accelerated recovery over the next 12 to 16 months. The group posted a double-digit sales decline in the ...
Rocky Brands’ net income surged by 91.1 percent in the fourth quarter to $9.7 million, which includes $0.7 million related to the pending acquisition of the performance and lifestyle footwear business of the U.S. conglomerate Honeywell International for $230 million. The deal is expected to close by the end of ...
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Reckitt Benckiser (RB), a British producer of consumer goods, is selling the footcare brand Scholl to Yellow Wood Partners, a Boston-based private equity firm which already owns Dr. Scholl’s.
The Hamburg-based footwear retailer Schuhhaus Kay GmbH & Co KG ended its bankruptcy proceedings and completed its overhaul as part of an asset deal.
The Swiss logistics group Kuehne+Nagel has entered into a binding agreement to acquire the Chinese freight forwarder Apex International Corporation. No financial details were released.
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The European-Clearing-Center (ECC), which acts as a platform for electronic data exchange between producers and retailers in the footwear and fashion sector, is strengthening its management team.
The German chain of streetwear and sneaker stores Kickz is reorganising its management team and is gearing up for the future after its recent takeover.
Jeff Bezos will hand over the chairmanship of Amazon’s board in the third quarter of 2021 to Andy Jassy, the head of the cloud business Amazon Web Services (AWS).
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Brazilian footwear production is expected to rise by 14.1 percent this year after having fallen by an estimated 21.8 percent in 2020 due to the impact of the Covid-19 pandemic and reaching a 16-year low, according to Abicalçados, which represents the local footwear industry.
Well functioning financial markets are providers of information and signals. We are analyzing last year’s performance of footwear companies, but also of luxury goods and e-commerce companies with a strong footwear component, to see how markets perceived some of the key players of our industry.
The Italian footwear association Assocalzaturifici warned that restrictive measures introduced over the Christmas shopping period in various countries to combat the propagation of the Covid-19 virus will have “serious repercussions” on an already weakened industry.
The global fashion industry is expected to suffer a 15-30 percent decline in sales this year and is not expected to return to 2019 levels until at least the third quarter of 2022, according “The State of Fashion 2021”, a new report by Business of Fashion and McKinsey & Co.
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