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Footwear

The latest news

New Look recovery underway in Q1 after tough year

New Look recovery underway in Q1 after tough year

​Value fashion specialist New Look issued a trading update and its annual results on Tuesday and said it had made a “solid start to FY22 trading following store reopenings after [a] resilient FY21 performance”.
Fashion
Foot Locker to buy shoe store chains WSS and Atmos for $1.1bn

Foot Locker to buy shoe store chains WSS and Atmos for $1.1bn

Foot Locker Inc will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday as it looks to expand its business beyond malls and extend its reach in Asia.
Fashion
Joules sales and profits rise in latest year as e-tail booms

Joules sales and profits rise in latest year as e-tail booms

​Joules reported its annual results on Tuesday and talked of a “strong performance underpinned by continued digital growth, the strength of the Joules brand, and increasing diversification of revenue streams”.
Fashion
Columbia Sportswear April-June sales exceeds pre-pandemic levels

Columbia Sportswear April-June sales exceeds pre-pandemic levels

Columbia Sportswear Company, a specialist in active outdoor lifestyle apparel and footwear, has exceeded its expectations with 79% sales growth to $566.4m in Q2 of FY21 compared to same period of 2020.
Fashion
Guichot becomes SMCP chief as Lalonde quits for new opportunity

Guichot becomes SMCP chief as Lalonde quits for new opportunity

​Big change is coming at SMCP. On Monday, the Sandro, Maje, Claudie Pierlot and Fursac owner named Isabelle Guichot as its new CEO, to replace Daniel Lalonde who’s off to pastures new.
Fashion
Private equity firm CD&R prepares Morrisons counter-bid - report

Private equity firm CD&R prepares Morrisons counter-bid - report

Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a £6.3 billion ($8.8 billion) offer from a group led by another U.S. firm.
Fashion
Vans helps drive recovery at VF Corp

Vans helps drive recovery at VF Corp

The Denver, Colorado-based outdoor and activewear group reported first-quarter revenue of $2.2 billion on Friday, up 104% from $1.1 billion in the prior-year period, with growth led by the Vans brand.
Fashion
Global Brands Group North America files for chapter 11

Global Brands Group North America files for chapter 11

The North American division of Global Brands Group has filed for chapter 11 affecting both its wholesale business and certain subsidiaries and affiliates.
Fashion
Deckers Brands sees sales surge 78%

Deckers Brands sees sales surge 78%

Revenues at the Goleta, California-based footwear, accessories and apparel group totaled $504.7 million in the first quarter, up 78.2% year over year, as the company experienced strong growth across its brand portfolio.
Fashion
Wolverine Worldwide swings to profit on record sales

Wolverine Worldwide swings to profit on record sales

The Rockford, Michigan-based owner of the Wolverine, Saucony and Merrel brands reported record Q2 revenue of $631.9 million on Thursday, progress which drove the company’s return to profit in the quarter.
Fashion
Puma reaffirms positive outlook despite supply chain strain

Puma reaffirms positive outlook despite supply chain strain

German sportswear company Puma said on Thursday it remained concerned about the strain the coronavirus pandemic is putting on its supply chain, but reiterated its mid-term outlook remained positive.
Fashion
Liverpool One gets another thumbs-up as Dr Martens upsizes

Liverpool One gets another thumbs-up as Dr Martens upsizes

Hot on the heels of New Look announcing it’s upsizing at Liverpool One, fashion footwear brand Dr Martens is also taking on a bigger 2,000 sq ft retail space on the in-demand centre's Paradise Street.
Fashion
Mothercare loss widens in pandemic year, stays upbeat despite ongoing volatility

Mothercare loss widens in pandemic year, stays upbeat despite ongoing volatility

​Mothercare’s return to health was interrupted by the pandemic in the latest year, with the company’s results for the 52 to March 27 showing a much wider loss.
Fashion
Dr Martens strides ahead, American market grows fastest

Dr Martens strides ahead, American market grows fastest

Dr Martens continued its run of strong performances in the latest quarter and on Thursday the footwear specialist reported a 52% rise in group revenue for the three months to June 30.
Fashion
Saks Off 5th appoints Amazon alum as chief operating officer

Saks Off 5th appoints Amazon alum as chief operating officer

Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.
Fashion
Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 
Fashion