News
Decathlon launches UK's first rental service
The sporting goods retailer has launched a rental service across all UK stores to allow its customers to stay active, overcoming barriers such as price or even lack of storage
Golden Goose reaches record annual revenue of 500 million euros
The Italian-based luxury sneakers brand posted a revenue growth of 30% in 2022 over the prior year, reaching 500.9 million euros, driven by a strong performance in the Americas region
European footwear production drops in the last 4 decades
Footwear production increased in 2021 by 8.6% to a total of 22 billion pairs of shoes, but Europe is only responsible for 2.8% of the world’s production. Asia ensures, at this stage, 88.2% of the global production
Clémentine Colin-Richard (French Shoe Federation): it is urgent to have harmonisation in sustainability regulations
Today we bring you an interview with Clementine Colin-Richard, President of the French Shoe Federation and administrator of the family SME Richard-Pontvert SA (Paraboot brand). Watch the video and learn about the state of the French footwear industry and the main challenges it is facing
Pakistani footwear exports on the rise
According to the Pakistan Bureau of Statistics (PBS), footwear exports grew substantially from July 2022 through February 2023, while leather exports followed the opposite direction
PVH Corp reports better-than-expected fourth quarter results
The US-based group has reported a fourth quarter revenue growth of 2% in 2022, year-over-year, driven by the performances of its Tommy Hilfiger and Calvin Klein brands
TOWORKFOR unveils sustainability project
The Portuguese safety footwear brand made use of the International Day of Forests to unveil its new sustainability project – “TOWORKFOR THE PLANET” – as well as its new environmental goals
Zalando reviews brand portfolio to raise its relevance
Based on a shift in consumer behaviour, the German-based e-tailer plans to increase the relevance of its brand assortment according to three criteria: inspiration, curation and personalisation
Crocs announces two-year partnership with designer Salehe Bembury
The US-based company has appointed Bembury as Creative Director of the Crocs x Pollex Pod collection, which he will continue developing in different silhouettes and colours for another two years
Nike names new Chief Communications Officer
The US-based company has announced that KeJuan Wilkins will become its new Executive Vice President, Chief Communications Officer (CCO), succeeding Nigel Powell, who will retire this summer
Deichmann to invest 500 million euros by the end of the year
The shoe retailer plans to invest 500 million euros in 2023 to modernize its store network and open new ones, as well as to boost its international expansion, digitization and logistics capability
Inditex signs deal to support the expansion of regenerative agricultural systems
The Spanish-based fashion group has signed a 15 million euros agreement with Conservation International to support the expansion of its Regenerative Fund for Nature, launched jointly with Kering in 2021
French Clergerie files for receivership
As the relaunch under the new parent company French Legacy Group in 2020 failed to get off the ground due to the long-term effects of the pandemic and war in Ukraine, the luxury shoe brand filed for court protection
Capri Holdings appoints Mahesh Madhavan to the Board of Directors
The owner of Versace, Michael Kors and Jimmy Choo has appointed the Chief Executive Officer (CEO) of Bacardi to its Board of Directors, effective from the past 30th of March
Prada Group plans to hire over 400 workers
The Italian-based luxury group has announced that it plans to hire more than 400 people by the end of 2023 to increase its production capacity and craftsmanship expertise in Italy
Neiman Marcus partners up with Christian Louboutin
The renowned footwear designer created a collection for the summer called ‘A La Piscine’ (‘At the swimming pool in French’) exclusively for the US-based luxury retailer’s customers
H&M reports a sales increase
The Sweden-based group reported a net sales growth of 12% in the three months to the 28th of February, as compared to the same period of last year, but March sales were below expectations
Next buys Cath Kidston
The UK-based retailer has acquired the fashion brand Cath Kidston from the administration for 8.5 million British pounds. The deal includes the brand's name and intellectual property, but not its four shops
Portuguese footwear industry to invest 50 million to be the most modern in the world
In a project coordinated by the Footwear Technology Centre of Portugal (CTCP), the Portuguese footwear industry is bringing together 45 partners to develop the intelligent factory of the future
Footwear in Canada – a country snapshot
Today, we bring you our new country snapshot, this time focusing on Canada, the 16th largest importer of footwear in 2021 (value terms). In that year, consumption of footwear reached 128 million pairs, in a market of 38 million people whose GDP per capita ranks amongst the highest in the world
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