All Retail articles – Page 24
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News briefs
New Russian Covid restrictions hit retailers
Most Russian regions have made it mandatory to present Covid-19 vaccination passes using QR codes to enter shopping centers and non-food retailers. So far, less than 35 percent of the Russian population has been vaccinated and the measure has drastically limited access to stores for a large swath of the ...
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ArticleEmerging designer: Umòja starts delivering its plant-based sneaker
Umòja, a Franco-African startup, has began delivering its newly created plant-based sneaker. The company, which is based in Brest, France, is a hand-made sneaker brand that combines tradition, modernity, and innovation while valorizing West African textile craftsmanship. Founded in 2018, the company, whose name means “unity” and “creating a link” ...
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News briefs
Shoepassion sales above pre-Covid levels
The Berlin-based footwear company Shoepassion said that in the third quarter overall sales were above pre-Covid-19 levels for the first time since the outbreak of the pandemic last year thanks to its e-commerce business. It noted that online sales were growing at double-digit rates compared with 2019, with August up ...
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News briefs
Clarks Originals opens second store
Clarks Originals, a brand of the British shoemaker Clarks, has opened a store in the town of Street, England, in the building where the company was first founded in 1825. The other Clarks Originals store is on Berwick Street in London.
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News briefs
Roberto Cavalli sees 2021 sales at €60m
Roberto Cavalli posted revenues of about €46 million in 2020 and expects to see the top line rise to about €60 million this year before reaching €80 million in 2022, when the Italian fashion house also expects to reach breakeven. The company said that its future development will depend on ...
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News briefs
Austria enforces lockdown for the unvaccinated
In Austria, retailers face the “lockdown for unvaccinated people aged 12 and older” that the government has just enforced. The new regulation states that unvaccinated individuals or those who have not yet contracted Covid-19 and recovered from it are not allowed to shop at non-food retailers (so-called “2G rule”). Furthermore, ...
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ArticleHotter sales surge as shift to digital pays off
Hotter Shoes reported a surge in first-half sales after it overhauled its channel strategy to focus on digital sales. In the first half of fiscal 2022, which ended in July, U.K. sales surged by 39 percent year-over-year to £25 million (€29.2m-$33.8m). The British footwear company posted earnings before interest, tax, ...
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News briefs
Adidas strikes a cautious note after a 3.4% sales hike in Q3
Adidas toned down its expectations for full-year sales and earnings as the company’s growth slowed in the third quarter due to supply chain disruptions, Covid-related lockdowns in Asia-Pacific and a “challenging” market environment in Greater China. In the quarter, Adidas saw its sales edge up by just 3.4 percent to ...
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News briefs
OVS takes over Gap stores in Italy
The Italian apparel retailer OVS agreed to buy all 11 Italian stores of its U.S. peer Gap. The deal is anticipated to complete in February 2022. The two companies have worked together since early 2020. Through a franchise agreement, OVS offers GapKids in its stores and Gap Adult and Kids ...
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ArticleItalian luxury sector expects a rebound in U.S., European sales
Italian luxury firms are currently focusing on the Asia Pacific region but they expect a sales rebound in key markets such as Europe and the U.S. following the slump caused by the Covid-19 pandemic. An omnichannel strategy will remain a key driver to reap the benefits of the expected growth, ...
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News briefs
Pajar opens its first store in the U.S.
Pajar, a Canadian family-owned fashion brand born in Montreal in 1963 and known for its footwear and outerwear, opened its first brick-and-mortar retail store in the U.S. The 2,500-square-foot shop is located in the heart of New York City at 114 Wooster Street in SoHo. It features roughly 300 footwear, ...
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News briefs
Moscow introduces a new lockdown
Due to the rapid increase in Covid-19 cases in Russia, Moscow’s mayor, Sergei Sobyanin, decided to introduce an 11-day lockdown from Oct. 28. Restriction includes all non-essential stores, schools and businesses. Non-vaccinated people over the age of 60 will not be allowed to leave their homes. The country’s president, Vladimir ...
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News briefs
Sales of premium fashion tripled in Russia
Sales of premium apparel, footwear and accessories in Russia tripled value in the first three quarters of 2021 compared to the same period of the previous year, according to the Russian data provider ODF. “April to June [2020] was the period of the toughest lockdown in Russia. Therefore, it was ...
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News briefs
Allbirds opens 2 stores in the U.S.
Allbirds, the B Corporation certified Californian brand of footwear and apparel, has opened two new stores in the U.S. It opened a 2,892-square-foot retail store and community center in Cambridge on Oct. 15. It is the brand’s second store in the Boston area. On Oct. 12, the brand opened a ...
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Eco shoes label Inuikii launches at Selfridges
This fall, London’s high-end department store Selfridges is set to join a number of other top-name outlets throughout Europe, including Galeries Lafayette in Paris, in carrying Swiss sustainable luxury footwear brand Inuikii. Available also online, via the Zurich-based company’s website, and others, including Nordstrom’s in the U.S., Inuikii specialises ...
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News briefs
Vögele Shoes hires a purchasing, marketing head
The Swiss footwear retailer Karl Vögele AG (KVAG), which operates the banners Vögele Shoes, Bingo and Max Shoes, has hired Timm Jacob as head of purchasing and marketing and joins the senior management team along with the chairman Christan Müller and the CEO and chief financial officer Max Bertschinger. Jacob ...
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News briefs
Faguo opens ‘eco-conscious’ store in Paris
Faguo’s new store at the Montparnasse train station in Paris purports to manifest “the most eco-conscious retail concept in France.” It follows similar stores in Amiens, Toulouse and elsewhere in Paris. Yet another such store is slated to open next month in Dijon. The French design firm behind the development, ...
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ArticleBritish luxury brands face duty-free hit
The U.K.’s luxury goods sector is set to feel the full impact of the government decision to axe tax-free shopping as Covid-19 travel restrictions come to an end and a key Chinese week-long public holiday looms, a survey showed. Latest data from the e-commerce specialist ESW revealed that 46 percent ...
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ArticleLloyd sees sales rebound, launches new biking shoe collection
The German shoemaker Lloyd Shoes is preparing the commercial launch of a new collection for e-bike riders heading to the office, as its own business starts to pick up after suffering from coronavirus-related lockdowns. Lloyd will begin selling the snap collection in early October in stores, including bicycle retailers, in ...
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ArticleEmerging designer: Jerelyn Creado receives first order from Italian boutique
Exhibiting as part of the Emerging Designers event at Micam, held at the Milan Fairgrounds from Sept. 19 to 21, 2021, Jerelyn Creado’s eponymous brand scored its first-ever order from an Italian retail store – by the middle of the second day. From December, the designer’s colourful hand-made women’s shoes, ...
