Footwear

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Retail Asia28/07/2020

Skechers China sales growth has fuelled optimism for the shoe brand after it reported a huge slump in sales for the June quarter due to stores being closed in other regions under Covid-19 lockdowns. The company reported group-wide sales of US$729.5 million, a 42 percent year-on-year decrease, and a net loss of $68.1 million during […]

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Retail Asia24/07/2020

Christian Louboutin has opened its first boutique in Macau, at the Shoppes at Four Seasons. Located on the second floor of the shopping center, the Christian Louboutin Macau boutique’s design was inspired by the founder’s neoclassical apartment in Paris. The boutique “looks like a living room where women do not feel like they are in […]

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Retail Asia27/05/2020

Hong Kong shoe retailer Le Saunda has reported yet another annual loss – this time of US$4.28 million – as a “super-cold winter” hit Hong Kong’s retail sector. The loss followed last year’s $3.9 million, while in 2018 it lost $8.4 million. That adds up to a $16.6 million deficit for the last three years […]

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Retail Asia25/05/2020

Clarks, the UK-based shoe retailer, will cull the ranks of its corporate staff by a net 700 people worldwide, including in Asia during the next 18 months. In all, 900 jobs will be lost, the first 160 of which were announced in the UK this week. However by the end of the restructuring process, about […]

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Retail Asia18/05/2020

7-Eleven and Nike will collaborate to create a new sneaker featuring the convenience-store chain’s distinctive logo colors, but the shoes will most likely be released only in Japan. According to multiple blogs covering sneaker news, the new 7-Eleven and Nike SB Dunk Lows will feature a color-blocking design in orange, green, and red and will […]

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Retail Asia29/04/2020

Chinese sports-shoe manufacturer and retail conglomerate Yue Yuen Industrial is predicting a loss of up to US$70 million in the March quarter as a result of the Covid-19 crisis – a big turnaround from a $75 million profit in the same quarter a year earlier. In a profit warning filed with the Hong Kong Stock […]

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Retail Asia28/04/2020

US footwear brand Skechers has reported a modest 2.7-per-cent drop in first-quarter sales brought on by the coronavirus outbreak – and painted a rosy picture of life beyond the coronavirus crisis. “We are in unprecedented times, facing difficult decisions daily as we navigate this global pandemic that has negatively impacted every business throughout our industry […]

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Retail Asia01/04/2020

Indian women’s fashion chain W is expanding its business into footwear. The firm is preparing to retail shoes in more than 80 W stores across the country, as well as online, offering a collection of various styles of heels and flats. The collection presents classic Western designs with Indian flourishes. “At W, we have always […]

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Retail Asia27/03/2020

The first modular Crocs concept store in the Philippines has opened in Estancia Mall, Metro Manila. Despite the “enhanced community quarantine” being implemented across Luzon, it didn’t stop the casual footwear brand from opening its 63rd store in the country. The 85.5sqm Crocs concept store showcases the classic collection of Crocs such as clogs, slides, and […]

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Retail Asia18/03/2020

Lifestyle fashion brand Vans has released a collection of shoes and apparel celebrating autism awareness. The range is designed for consumers with Autism Spectrum Disorder and comes in calming colors with features that focus on the senses. The collection includes slip-on shoes with squishy uppers and rubber toe caps, and an assortment of long- and […]

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Retail Asia07/02/2020

Hong Kong luxury fashion house Shanghai Tang has released a collection of footwear with newly appointed chief shoe designer Bing Xu. The new collection includes a relaxed and laid back take on Bing Xu’s famous Belgian loafer and two slip-on shoes. In a nod to the newly started Year of the Rat, one of the […]

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Retail Asia05/02/2020

Conscious consumers pose “the biggest threat to clothing and footwear retailers in 2020” according to research by GlobalData. When asked about their intentions last month, 19.2 percent of UK consumers said they planned to spend less than average on retail products, according to the survey of 2000 nationally representative shoppers. “A worrying 48.9 percent of […]

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Retail Asia21/01/2020

Casual footwear brand Crocs has added five new global ambassadors as it launches the fourth year of its Come As You Are global marketing campaign. Crocs’ lineup of famous faces now includes Suzu Hirose, Yang Mi, Zooey Deschanel, Sejeong and Priyanka Chopra. The global ambassadors for the Crocs brand this year are tasked with inspiring […]

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Retail Asia08/01/2020

Ownership of ethical American shoe retailer Toms will be transferred to its creditors. CEO Jim Alling addressed a letter to employees informing them of the transfer from current owners Bain Capital and founder Blake Mycoskie to Jefferies Financial Group, Nexus Capital Management and Brookfield Asset Management. The move is intended to “identify the best path […]

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Retail Asia04/12/2019

Private-equity group Carlyle is reportedly considering a more-than-£1 billion bid for British footwear brand Dr Martens. According to Bloomberg, citing internal sources, current owner Permira, a European investment company, has engaged Goldman Sachs and another firm to evaluate options for the future of the Dr Martens business. An IPO is also a possibility. Bloomberg stressed […]

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Retail Asia28/11/2019

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South Korean conglomerate E-Land Group is pulling its OTZ Shoes brand from the US market, six years after buying it. E-land Group, through its subsidiary E-Land USA Holdings, bought the California-based OTZ Shoes at US$8.5 million in 2013. But now, the conglomerate has decided to withdraw the brand from the country and develop it in […]

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Retail Asia27/11/2019

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Stockholm-based retailer Sneakersnstuff is about to open a flagship store in Tokyo, its first Asia location. The retailer, known for its sneakers, said the Tokyo store will open on December 14 on Log Road in Daikanyama, which is home to high-end boutiques and restaurants. Designed by Stockholm-based design studio Bofink, the store will combine the […]

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Retail Asia21/11/2019

Ecco India has opened its first store in the country, located at Gurgaon Ambience shopping mall in New Delhi. Steen Borgholm, CEO of the Danish shoe and leather goods brand, says the company sees potential in the Indian retail market, despite the challenges. “We see strong demand from consumers who know what they want, and […]

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Retail Asia14/11/2019

Footwear retailer Bata India has opened a 6000sqft experiential outlet in Infiniti Mall, Malad. The store hosts a large Sneaker Studio, extensive fashion footwear, and handbags collection, workwear ranges for men and women among others. A highlighted feature is the outlet’s Happy Feet Centre for specialized foot care services, such as 3D foot scanning, an […]

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Retail Asia06/11/2019

VF Corporation – parent of brands including Vans and The North Face – says sales in China soared 20 percent in the September quarter. Expressed in constant currency terms, they rose by 24 percent year on year. The China performance was a key factor in the company’s global sales rising 5 percent in the quarter […]

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