Footwear players want EU protection, Retailers look to Spring, Holiday optimism, Moss Bros loss, Gap founder dies

Pile of shoes | Source: e-boost consulting

Pile of shoes | Source: e-boost consulting

Italian and Spanish footwear manufacturers to fight for EU protection (Drapers)
“Anti-dumping measures have been in place since 2006 to protect the European Union’s footwear manufacturers from import surges. A decision to maintain tariffs, amounting to 16.5 percent on Chinese footwear and 10 percent on shoes from Vietnam and strongly opposed by UK retailers, would be likely to worsen East-West trade relations.”

Retailers On The Hunt For Spring Fashions (WSJ)
“While luxury shoppers may be thinking of the cashmere cardigan or the wool jacket they want to add to their fall and winter wardrobe, retailers are already on the hunt for what they think will sell come spring.”

U.S. retailers to see some cheer this holiday season (Market Watch)
“After last year’s dismal holiday season, U.S. retailers may finally see some sun breaking through the clouds in their biggest selling period.”

Moss Bros notches up £3m first-half loss (Drapers)
“The menswear retailer, which runs the Moss, Cecil Gee and Savoy Tailor’s Guild chains and owns the UK licence for brands such as Hugo Boss, said it will meet its expectations for the full year.”

Gap founder Don Fisher dies (Telegraph)
“Mr Fisher died at his home in San Francisco on Sunday following a long battle with cancer. The entrepreneur opened the first Gap store in San Francisco in 1969 after a frustrating experience exchanging a pair of jeans that didn’t fit. The original store, named after the idea of ‘The Generation Gap’, sold Levi’s jeans, records and tapes to 12-to-25-year-olds.” See Bloomberg video here.