World Footwear

News

Skechers to acquire its Scandinavian distributor

May 9, 2023 / United States
The US-based footwear company announced that it has signed an agreement to purchase its existing Scandinavian distributor, Sports Connection Holding ApS

Kankura Golf: ten years devoted to golf

May 8, 2023 / Portugal
With steady growth, the Portuguese brand of golf footwear has reached the 10-year milestone. Eyes are now set on the American dream and doubling sales already in 2025

Sam Edelman launches resale programme

May 8, 2023 / United States
The Caleres-owned footwear brand has unveiled a new resale programme for its products. Called ReLove, this peer-to-peer platform was created in partnership with the tech and sustainability platform Archive

Latin American Footwear Forum to be held in the Colombian city of Cúcuta

May 8, 2023 / Latin America
The next edition of the Latin American Footwear Forum will take place on the 22nd and 23rd of June in Cúcuta, Colombia, and address the topics of trade integration, sustainability and legal trade

Catherine Hinderman: luxury isn’t just in the value of the product itself, it’s also in the story behind it

Premium Content May 8, 2023 / India
We sat with Catherine Hinderman, CEO and co-founder of the Indian-based brand Gaia Amore. Born out of a passion for culture, history and fashion, this brand stands for the concept of new luxury, that is, valuing not only the product but the hands and story behind it. And that story might have begun ages ago

UK-listed retailers' profit warnings fall to the lowest quarterly total since 2020

May 5, 2023 / United Kingdom
In the first quarter of 2023, UK-listed retailers' profit warnings fell to the lowest quarterly total since 2020, but “persistent inflation, high-interest rates and tightening consumer spending” continue to challenge the sector

Gap to cut about 1 800 jobs

May 5, 2023 / United States
The US-based apparel company will lay off about 1 800 jobs to streamline operations and cut costs, thus joining the list of US companies that have been downsizing over the past months

Yue Yuen to invest 276 million USD in a factory in India

May 5, 2023 / India
The Hong Kong-based group has entered into a memorandum of understanding with the government of the state of Tamil Nadu to build a manufacturing facility in India

Kohl's extends partnership with adaptive brand Billy Footwear

May 4, 2023 / United States
The US-based retailer has announced the extension of the partnership with the adaptive footwear brand Billy Footwear with the aim of broadening its offering of adaptive fashion

Primark posts strong first half

May 4, 2023 / United Kingdom
The fashion retailer, owned by Associated British Foods, reported that in the 24 weeks to March 2023, its revenue increased by 19%, as compared to the same period last year

Zalando launches virtual fitting room pilot

May 4, 2023 / Germany
The German-based e-tailer is piloting a virtual fitting room experience with millions of customers across its 25 markets to better understand how they engage with this new technology

AYSAF kicks off in high spirits

May 3, 2023 / Turkey
The organization of the 68th edition of the International Exhibition for Footwear Materials, Components, Leather and Technologies AYSAF is expecting to welcome over 15 000 sector professionals from 80 countries

Pölking goes bankrupt

May 3, 2023 / Germany
The footwear wholesaler has filed for bankruptcy due to the ongoing impact of the COVID-19 pandemic, joining the list of companies caught in a crisis in the German footwear sector

JD Sports appoints two non-executive directors

May 3, 2023 / United Kingdom
The UK-based retailer has announced that Angela Luger and Darren Shapland will become the newest company's non-executive directors, effective as of the 1st of June

Skechers announces first quarter results

May 3, 2023 / United States
The US-based footwear company has reported record sales of 2.00 billion US dollars in the first quarter of 2023, up by 10% as compared to the same period of the previous year

Hoka launches first-ever collection for children

May 2, 2023 / United States
The Deckers Brands division has launched its first children's footwear collection. With kid-centric features, the Youth collection was inspired by three of Hoka's most iconic styles

New Generation: meet Tiago Pereira from Algori

May 2, 2023 / Portugal
With a degree in Management and a post-graduation in Logistics, Tiago Pereira has been working for seven years in the family company Albano Pereira, which recently launched a new sports footwear brand, Algori

Puma reports solid performance

May 2, 2023 / Germany
The German-based sportswear company posted double-digit growth of 14.4% in the first quarter of 2023, year-over-year, with a noteworthy performance of its direct-to-consumer channel

Michael Jordan's sneakers sold for a record 2.2 million USD

May 1, 2023 / United States
The pair of sneakers worn by the athlete in the 1998 NBA Finals was sold last month for 2.2 million USD, setting a new world record for the most expensive pair of shoes ever purchased

Amazon posts profit in the first quarter

May 1, 2023 / United States
The Seattle-based online retail giant reported a first quarter 2023 net income of 3.2 billion US dollars, as compared to a net loss of 3.8 billion US dollars in the same period last year