World Footwear

News

adidas posts better-than-expected operating profit in 2023

Mar 14, 2024 / Germany
The German-based company reported a very challenging 2023, especially in the US market, but remains optimistic for a noticeable improvement in the second half of the current year

Genesco reports full year sales decline

Mar 13, 2024 / United States
Despite a slight improvement in the fourth quarter of fiscal 2024, the company’s full-year net sales were down as compared to the prior year. Genesco expects the market environment to remain challenging in the first half

Mango hits the 3 billion sales mark

Mar 13, 2024 / Spain
The Spanish-based fashion group has increased its turnover by 15%, reaching more than 3.1 billion euros for the first time in 2023. It aims now to pass the 4 billion mark by 2026

Foot Locker reports slight improvement in sales as year ends

Mar 13, 2024 / United States
The US-based sportswear retailer reported better-than-expected fourth-quarter results, with sales up by 2.0% on a comparable basis to the same period of 2022

Apple of Eden committed to sustainability

Mar 12, 2024 / Portugal
The Portuguese women’s footwear brand has just published its first Sustainability Report, thus reaffirming its “unwavering commitment to a greener and more ethical future”

AAFA announces the leadership of its 2024-2025 Board of Directors

Mar 12, 2024 / United States
The American Apparel & Footwear Association (AAFA) has announced the renewal of its Board leadership, as well as the addition of 15 new and re-elected Board members

Allbirds completes two international distributor deals

Mar 12, 2024 / United States
The sustainable footwear brand has signed two distribution agreements covering Australasia and Japan. Moving from direct sales to a distributor model is part of its strategic transformation plan

Prada’s full year profits surge by 44%

Mar 11, 2024 / Italy
The Italian-based group ended 2023 with a 17% growth in revenue and a 44% rise in profits, as compared to the previous year, boosted by the desirability of its Prada and Miu Miu brands

Schuh strengthens executive team

Mar 11, 2024 / United States
The Genesco-owned footwear retailer has appointed Stephanie Legg as Chief Marketing Officer and Justin Lodge as Chief Digital Officer as part of its efforts to attract younger generations

Assocalzaturifici confirms Giovanni Ceolini as President

Mar 11, 2024 / Italy
Giovanni Ceolini has been confirmed as President of the Italian Footwear Manufacturers’ Association until 2027, after taking up the role on an interim basis in August 2022

Tough times ahead for German shoemakers

Mar 8, 2024 / Germany
German footwear manufacturers are facing a challenging 2024, says HDS/L, highlighting only nominally higher 2023 sales and losses on imports, especially in the second half of the year

Macy’s announces fourth quarter and fiscal 2023 results

Mar 8, 2024 / United States
The US company has posted a year-on-year decline in sales and profits for both the fourth quarter and full year, but said it’s in a better financial position to continue its modernisation strategy

Footwear industry leaders meet to address challenges and seize opportunities

Mar 7, 2024 / Hong Kong
This year’s Global Footwear Executive Summit, which will be held at APLF 2024 in Hong Kong on the 20th of March, will address innovations in footwear production, materials and branding strategy

Geox appoints new CEO amid slowing sales

Mar 7, 2024 / Italy
The Italy-based footwear group has confirmed a slowdown in sales in 2023, a year marked by “strong uncertainty”, and has announced the appointment of Enrico Mistron as its new CEO

The Athlete’s Foot reports growth in 2023

Mar 7, 2024 / United States
The speciality footwear and lifestyle retailer has achieved 593 million US dollars in sales in 2023, an increase of 7% as compared to the previous year, amid a challenging retail landscape
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