Skechers’ Post

Retail conglomerate Apparel Group has partnered with footwear brand Crocs. Apparel Group India Pvt. Ltd. | Abhishek Bajpai | Crocs | Crocs India | Sumit Dhingra Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Portfolio company Tamara Mellon announces partnership with footwear licensing company Titan industries. Luxury shoe designer Tamara Mellon is partnering with licensing company Titan Industries to operate and manufacture her namesake brand, the two companies announced Friday. Under Titan Industries, which produces footwear for brands like Badgley Mischka and L’Agence, Tamara Mellon will enter wholesale for the first time next year. Terms of the deal were not disclosed. Titan Industries will manage Tamara Mellon’s e-commerce business, which has been its primary distribution channel since launching in 2016. Titan will also move the shoe brand’s production from Italy to Spain, where it has an established network of shoemakers and manufacturers. “When I started the company in 2016, I wanted to focus on DTC only, but as we have grown, both here in the US and internationally, we see an opportunity in being able to service those clients with more ease through key wholesale channels,” Mellon said in a statement. Mellon, the co-founder of Jimmy Choo, raised at least $87 million in venture funding for her brand, which was an early adopter of the monthly drop model over the traditional seasonal production cycle. In 2018, it opened a flagship location in Los Angeles. The brand generated around $30 million in sales that same year, BoF previously reported. Tamara Mellon raised $50 million in Series C funding in 2019, in a round led by London-based investment firm Centricus. Other investors included New Enterprise Associates (NEA) and Quadrille Capital. At the time, the brand had plans to use the new capital for retail expansion and manufacturing innovation. #DTC #consumer #wholesale #retail https://lnkd.in/eVznkCqn

Khadim to Add 70 – 80 More Stores by FY24 The brand is rapidly increasing its consumer touch points and expanding the retail presence with an aim to take an affordable fashion footwear priced around 399 to more consumers Click the link to know more... KHADIM INDIA LTD. #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailreports #retailtechcase #retailtrends #retailbusiness #ir #indiaretailing

The journey to 50 years in Footwear Retail for me continues. The Happy New Year has begun, with new budgets and plans. How appropriate to tell a story about budgets and plans. This story goes back to early 1995. We had finished opening most of the Kmart stores in Alaska and Hawaii. I began working on the Guam project. Parking on the roof, stockroom in the basement and the most amazing Kmart Shoe Department in the middle. We started with the sales information we had on Hawaii. We looked at "space allocation", and used the numbers to plan. As an example, in Hawaii, we did about 24% of our footwear sales in ladies sandals as I remember. Shouldn't we do the same in Guam? Who could argue, right? I went to NJ for a week to plan the merchandise for Guam. When it ended, we had about 60K pairs of Kmart shoes on it's way across the Pacific to Guam. Because of shipping, Paul K. and the Team raised the prices of all pairs over $10 by $2 and under $10 by $1. What happened next, no one could have expected. We had a little Friends and Family event on 5/9/95 that did $10555 (impressive right?) in sales and another $2115 the next day for the few that worked the event. On 5/11/95, when we opened to the public, we did $87295 in sales, in the shoe department, of a Kmart store, in 1995, yes just shoes. I have no idea what Kmart did. Yes, $87295.00! We finished the week (5 days) at #209887 in sales. As the retail years go by, that Kmart was #1 in the chain, as Famous Footwear arrived, the #1 in the chain and of course, Flip Flop Shops, #1 in the chain. The lesson is........if you want to open a successful retail store, go to Guam. The real lesson is study the data and plan and work the plan and you will get the right results. I even kept a blurry printout all these years. Does anyone have one to top this? later........Flippin Steve

Metro Brands Ltd. to open India’s first Foot Locker store in Delhi in October 2024. The store will be in a prominent Delhi mall and will be based on the American footwear chain’s ‘Store of the Future’ concept. Read the full story to learn more... Foot Locker | Metro Brands Limited | Nissan Joseph | Shiv Joshi #retailnews #retailindustry #retailupdates #IndianRetail #RetailinIndia #IndiaRetail #retailing #retailsectornews #ir #IndiaRetailing #businessnews #retailbusiness #retailsector #footwear #indiaentry #newbrand #newstore #firststore #sneakerstore #sneakers

Mike Lester, CEO of lifestyle retailer WoolOvers, speaks to Drapers about why the business has acquired Hotter Shoes and what its future plans are for the heritage footwear retailer. Read the full story below. #hotter #woolovers #footwear #fashion #retail #retailnews

Mike Lester, CEO of lifestyle retailer WoolOvers Ltd, speaks to Drapers about why the business has acquired Hotter Shoes and what its future plans are for the heritage footwear retailer. Read the full story below. #hottershoes #woolovers #footwear #fashion #retail #retailnews

The subdued consumer sentiment is also evident in the footwear market, where the gap between private consumer spending and spending on shoes is widening as consumer prices rise. In 2023, total sales of shoes reached a market volume of 9.6 billion euros, which corresponds to growth of 3.8% in the previous year. These and other findings were published in the new „Branchenbericht Schuhe 2024“ (“Shoes 2024 Industry Report”) by IFH KÖLN in collaboration with BBE Handelsberatung GmbH. Peter Frank Carina Stäbisch #retail #shoemarket #study #Germany https://lnkd.in/d3Fce2BW

Mike Lester, CEO of lifestyle retailer WoolOvers Ltd, speaks to Drapers about why the business has acquired Hotter Shoes and what its future plans are for the heritage footwear retailer. Read the full story below. #hotter #woolovers #footwear #fashion #retail #retailnews

I'm sharing an interesting update about Macy's strategic direction in the retail sector. The CEO has highlighted recent key developments, including the planned reintroduction of Nike apparel in 2024, the inclusion of Hoka footwear due to its strong consumer appeal, and the return of select Under Armour products to stores and online starting this February. What do you think, will these changes help Macys return to growth? 🌐📈 #RetailStrategy #PartnershipsMatter https://lnkd.in/e_iqxP-E