News Briefs Retail – Page 30
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News briefs
Kering report another quarter of outstanding growth, posting a sales...
Kering report another quarter of outstanding growth, posting a sales increase of 23.2 percent for the third quarter, with a rise of 28.4 percent on a comparable basis. Gucci and other luxury goods operations enjoyed a sales increase of 26.6 percent, up by 32.3 percent on a comparable basis. Gucci ...
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News briefs
Kurt Geiger posted a 12 percent sales increase to £330...
Kurt Geiger posted a 12 percent sales increase to £330 million (€368.1m-$432.9m) for the financial year ended on Jan. 28, with same-store sale rising by 11 percent. E-commerce went up by 26 percent, representing 23 percent of the total turnover. Sales of luxury sneakers jumped by 48 percent. Ebitda advanced by ...
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News briefs
The German-based GMS buying group recorded a 2 percent increase...
The German-based GMS buying group recorded a 2 percent increase in retail sales to €273 million in the third quarter of 201. Positive business developments in France and the Netherlands and a strengthening in the home market of Germany underpinned the results. At the end of the third quarter, GMS ...
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News briefs
The growth trajectory of Yue Yuen has resumed in 2017...
The growth trajectory of Yue Yuen has resumed in 2017 with sales in the nine months to September having risen by 6.7 percent, compared with the increase of only 0.3 percent recorded in the first nine months of 2016. Yue Yuen, a subsidiary of the Pou Chen Group from Taiwan, ...
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News briefs
The figures in the casual footwear chart published in this...
The figures in the casual footwear chart published in this issue would have been different with the addition of Vans, a brand of skate and lifestyle shoes that is nearing an annual turnover of $2 billion. In its third-quarter report, VF Corporation said that Vans sales jumped by 26 percent ...
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News briefs
Another VF brand, Timberland, saw its revenues decline by 2...
Another VF brand, Timberland, saw its revenues decline by 2 percent in the third quarter, reflecting a shift in orders that reduced its global sales by an estimated 5 percent. Sales fell by 7 percent in the Americas and by 5 percent in Asia, but they went up by 3 ...
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News briefs
Santoni registered a 10 percent sales increase in the first...
Santoni registered a 10 percent sales increase in the first half of the year, driven by the positive performance of Europe and the U.S., its key markets. The company posted a 7 percent increase in 2016, with annual revenues reaching €75 million last year. The company has recently presented the ...
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News briefs
There is new evidence that the pace of growth is...
There is new evidence that the pace of growth is accelerating in China. The country's Gross Domestic Product (GDP) grew by 6.8 percent in the third quarter and was up by 6.9 percent for the first nine months of this year. That's well above the 6.5 percent growth target set ...
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News briefs
Footwear sales in the U.S. are not growing. According to...
Footwear sales in the U.S. are not growing. According to the Footwear Distributors and Retailers of America (FDRA), the demand in 2017 is set to grow at its slowest rate since the 2008 recession. Sales between January and July have been flat with 2016. Faced with struggling sales, shoe stores ...
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News briefs
French women consider September, the annual back-to-school season or “rentrée,”...
French women consider September, the annual back-to-school season or “rentrée,” to be the ideal month to renew their wardrobe, including their shoe closet. This is the opinion of 40.5 percent of the French women, a percentage that climbs to 54.2 percent when looking at the group aged 18-29, according to ...
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News briefs
Sabu, the German cooperative of independent shoe retailers, has launched...
Sabu, the German cooperative of independent shoe retailers, has launched on Sept. 1 a new e-learning platform to train people working in the shoe retail sector. The platform was developed in cooperation with HDS/L, the German shoe and leathergoods industry association, and ANWR, the other major German retail cooperative. It ...
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News briefs
Görtz, the German shoe retailer, and Wortmann, the German shoe...
Görtz, the German shoe retailer, and Wortmann, the German shoe producer that owns the Tamaris, Jana, Caprice, Be Natural and Marco Tozzi brands of footwear, will join forces to optimize the availability of products at the point of sale. Their collaboration has been steered by a German business consultancy, Hachmeister ...
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News briefs
Lloyd Shoes has announced the development of an electronically extended...
Lloyd Shoes has announced the development of an electronically extended aisle as part of its multichannel strategy. The German shoe brand developed the in-store ordering system together with Sinner Schrader Commerce and Novomind. The system is intended to enable employees in Lloyd stores to view the entire online portfolio and, ...
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News briefs
Fashionette, the e-tailer specializing in designer handbags, has launched a...
Fashionette, the e-tailer specializing in designer handbags, has launched a revamped online shop in the U.K., which follows the relaunch in Germany earlier this year. The new website features expanded editorial content and is optimized for mobile devices. Fashionette was recently honored with the Shop Usability Award 2017, a German ...
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News briefs
Endless, which acquired Jones Bootmaker in March, has closed nine...
Endless, which acquired Jones Bootmaker in March, has closed nine of its stores and is considering up to ten more closures, according to Drapers. Endless had bought only 72 of the British shoe retailer's stores. The remaining 25 stores, plus six concessions, were closed down.
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News briefs
Customers can sample a local craft beer while shopping at...
Customers can sample a local craft beer while shopping at the new Timberland specialty concept store. Called The Timberland Tree Lab, the store recently opened in the King of Prussia Mall in Pennsylvania, the second-largest shopping mall in the U.S. The experimental store features carefully curated collections and brand stories ...
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News briefs
Lloyd has given a more modern look to its store...
Lloyd has given a more modern look to its store in Düsseldorf's Kö Galerie, as it is doing with six other stores and various showrooms this year. Meanwhile, the expansion of Lloyd in China is continuing with the opening of two new concept stores in Beijing. As reported in Shoe ...
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News briefs
Replay has ambitious plans to expand internationally and will reportedly...
Replay has ambitious plans to expand internationally and will reportedly open 150 mono-brand stores in China over the next five years. According to reports in Drapers, the premium denim brand will initially focus on Tier 1 cities, before widening its focus into China's Tier 2 cities. The brand entered the ...
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News briefs
Colette, the famous Parisian store, is going to close its...
Colette, the famous Parisian store, is going to close its doors on Dec. 20, after 20 successful years of operation, simply because its founder and buyer, Colette Rousseaux, is going to retire. A terse press release says she “has arrived at an age where it is the time for her ...
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News briefs
Yoox Net-a-Porter (YNAP) has launched an augmented reality app for...
Yoox Net-a-Porter (YNAP) has launched an augmented reality app for a “try, share and shop” customer experience on its Yoox website. The online luxury fashion retailer, the result of a merger between the Italian-based Yoox Group and the U.K.-based Net-A-Porter Group in 2015, has partnered with Lumyer, the creators of ...
