News Briefs Retail – Page 24
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News briefs
Le Coq Sportif and Opium, a dedicated sneaker shop in...
Le Coq Sportif and Opium, a dedicated sneaker shop in the dead center of Paris, have collaborated on a limited-edition sneaker. Based on the Freestyle, a mountain-bike shoe from Le Coq's back catalogue, the LCS R1000 was designed in part by – and exists in tribute to – the three ...
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Red Wing Shoe Company is opening its first flagship in...
Red Wing Shoe Company is opening its first flagship in Manhattan, specifically at 11 Penn Plaza in Midtown. The store's 3,300 square feet will contain a New York City Wall of Honor, for famous locals who like the brand's boots, and a boot repair and care bar, with customer service ...
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News briefs
GMS, the German voluntary group of shoe retailers, announced the...
GMS, the German voluntary group of shoe retailers, announced the end of a partnership with Schuhe24, the German online marketplace, for the sale of the products of its affiliated shops. GMS noted that the gross margin on the sale of new products through the online platform reached a maximum of ...
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News briefs
StockX, the U.S.-based sneaker resale platform, has begun to operate...
StockX, the U.S.-based sneaker resale platform, has begun to operate in Germany by taking part in conferences and other events. Its first European launch, in October of last year, was in the U.K., with Italy and France coming next. StockX' shoes, whose quality is certified in London, are already sold ...
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News briefs
The Bama Group has launched a web shop for its...
The Bama Group has launched a web shop for its brands Bama, Woly, Tana and Salamander Professional. The German producer of shoe care products, which is now part of the Serafin Group, intends to increase its proximity to customers and their satisfaction online.
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News briefs
The number of sneaker shops in Spain has increased by...
The number of sneaker shops in Spain has increased by 204 percent over the last four years, according to CMDsport. In January 2016, seven main operators ran a total of 98 stores. In January 2019, numbers had jumped to 15 operators running a total of about 300 stores across the ...
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News briefs
Luxury brands and some consumer brands have lowered their prices...
Luxury brands and some consumer brands have lowered their prices in China following a cut in the country's value-added tax (VAT), which came into effect on April 1. According to local media, and as reported by Reuters, suggested retail prices for Kering's Gucci and LVMH's Louis Vuitton products were cut ...
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News briefs
Bata Europe is planning to launch a new commercial format...
Bata Europe is planning to launch a new commercial format based on the notion of fast fashion. In an interview with MFfashion, Claudio Alessi, president of Bata Europe, said that the company will be launching new models of shoes for men and women every Friday, which will add to the ...
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News briefs
Tod's is moving the Tokyo flagship store of the homonymous...
Tod's is moving the Tokyo flagship store of the homonymous brand from Omotesando to another area of the city with greater traffic. A similar move was made in Milan, where the brand transferred its store from Via della Spiga to Via Montenapoleone. The brand decided to take advantage of high ...
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News briefs
Skechers has opened its largest store in the world in...
Skechers has opened its largest store in the world in the Chinese city of Shenyang, building up to a global network of 3,000 mono-brand stores, of which 690 are directly operated by the company. The store measures more than 32,000 square feet, joining a few other superstores set up by ...
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News briefs
Golden Goose has introduced the Golden Goose Lab, a new...
Golden Goose has introduced the Golden Goose Lab, a new retail concept, at its new flagship store in Milan, located at Via Cusani, 2. The Lab enables customers to experience first-hand various aspects of craftsmanship and artistry. For an additional fee of €200, the customer can also have his or ...
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News briefs
Buffalo Boots, the German footwear brand acquired by Deichmann in October...
Buffalo Boots, the German footwear brand acquired by Deichmann in October 2016, has decided to close down its mono-brand stores in Düsseldorf and Cologne. The company will now be focusing on its wholesale business. Over the past 18 months, Buffalo had been striving to reposition its business and strengthen its brand. ...
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News briefs
Skechers reports the opening of its 3,000th store. With a...
Skechers reports the opening of its 3,000th store. With a surface of 3,000 square meters, it is its largest mono-brand store in the world. It is located in the Chinese city of Shenyang. The store has an entertainment area for children and a large assortment of branded clothing to complement ...
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News briefs
Payless ShoeSource has hired the investment bank PJ Solomon to...
Payless ShoeSource has hired the investment bank PJ Solomon to evaluate strategic options, including a sale or a restructuring program, said Reuters, citing sources close to the matter. The move comes less than 18 months after the American discount retail chain emerged from bankruptcy proceedings. As part of the debt ...
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News briefs
Treds, a multi-brand footwear retailer in the U.K. (not to...
Treds, a multi-brand footwear retailer in the U.K. (not to be confused with the U.S. maker of rubber footwear), has been placed in administration, a legal procedure similar to bankruptcy protection in the U.S. For now, Treds' 21 stores, e-tail site and staff of 165 will be carrying out business ...
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News briefs
Obuv Rossii Group, the big Russian footwear company, opened 48...
Obuv Rossii Group, the big Russian footwear company, opened 48 new franchise stores in Russia in 2018. Of these, 28 were opened in the fourth quarter under the S-tep and Lisette banners. By the end of the year, Obuv Rossii was operating 161 franchises and more than 700 outlets overall. ...
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News briefs
Sergio Rossi has signed a long-term lease with Thor Equities...
Sergio Rossi has signed a long-term lease with Thor Equities Group for some 2,000 square feet of retail space at 680 Madison Avenue in New York. The ground floor space has 25 feet of frontage on Madison Avenue.
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News briefs
Mirapodo, a German online store for footwear that belongs to the...
Mirapodo, a German online store for footwear that belongs to the Otto Group, will launch two new private brands of shoes for the spring/summer 2019 season. Mirapodo's first private brand, called Jolana & Fenena, launched in spring 2017 with 55 models. It has since been expanded to more than 250 models. ...
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News briefs
Since January, Schuhe24, the German-based online marketplace for independent shoe retailers,...
Since January, Schuhe24, the German-based online marketplace for independent shoe retailers, has been coming to the aid of physical shoe and fashion retailers with financial difficulties by offering interest-free liquidity support. It will also be expanding the range of its consultancy and advisory services in the future. Schuhe24 reports that some ...
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News briefs
After launching its first private label for women, called Franz...
After launching its first private label for women, called Franz Ferdinand, in September 2018 – in time for the spring/summer 2019 season – Schuhe24, the online marketplace for independent shoe retailers, has now opened its first brick-and-mortar store in Germany. The new Franz Ferdinand store is company-owned and located in the city ...
