Tag : Footasylum
Drapers Hit or Miss: footwear autumn 19Subscription
For the third part of Drapers’ autumn 19 Hit or Miss reviews, the team descended upon Birmingham’s Bullring shopping centre to put footwear retailers to the test.
First look: Footasylum's Sevenstore debuts bricks and mortarVideoSubscription
Footasylum-owned online platform Sevenstore has opened its first bricks-and-mortar store.
The competition and markets authority (CMA) is planning to review JD Sports Fashion’s acquisition of smaller rival Footasylum.
Footasylum has warned that its full-year profit and margins will be lower than expected after it was forced to discount heavily to keep up with its competitors over Christmas.
Footasylum credit insurance cutSubscription
At least two credit insurers have withdrawn cover from Footasylum and another has placed it in “special measures” following the footwear retailer’s recent profit warning and concerns about its ongoing weak trading performance, Drapers has learned.
Discounting hits profits at Footasylum Subscription
Footwear retailer Footasylum swung to a loss of £4m in the 26 weeks to 25 August, compared with a profit of £2.3m for the same period the previous year.
Footasylum issues profit warningSubscription
Sports footwear retailer Footasylum has issued a profit warning for 2019, despite seeing an 18.5% revenue rise to £98.6m for the six months to 25 August 2018.
Footwear retailer Footasylum has announced a 33% jump in revenue to £194.8m for the year to 24 February 2018, thanks to a “comparatively resilient” youthful consumer.
Ecommerce boosts Christmas revenues at Footasylum Subscription
Footwear retailer Footasylum has reported revenues of £89.8m for the 18 weeks to 30 December, up 33.4%.
Clare Nesbitt, CEO, Footasylum Subscription