News
Financial head of Capri Holdings to join Macy’s
The US department store chain has shuffled its executive team to drive its Bold New Chapter strategy. In particular, Thomas J. Edwards will become chief operating officer and chief financial officer
Netherlands Retail: optimism reigns at the start of the year
Despite falling consumer confidence in the Netherlands, footwear retailers have good reason to be optimistic about 2025. The data shows that consumers have absorbed the expected lower price increases – footwear inflation shows no signs of abating – and will be spending. In fact, overall retail and e-commerce sales in the Netherlands are forecast to grow by 3.5% and 8%, respectively, this year. It’s worth noting that online shopping continues to stand out as a preferred channel for Dutch shoppers
Capri Holdings announces CFO resignation and appoints interim successor
Thomas J. Edwards, Jr, currently Chief Financial Officer and Chief Operating Officer of Capri Holdings, has resigned. Rajal Mehta, Chief Financial Officer of Michael Kors, will assume the role on an interim basis
Nike reports drop in revenue and profits in the third quarter
The US-based sportswear company has reported a drop in revenue and profits in the third quarter of the year, as it continues its turnaround strategy to improve long-term profitability
Global footwear trade in 2024: China exports slow, US and Germany rebound in imports
China remained the top footwear exporter in 2024, with exports increasing in volume but decreasing in value. Meanwhile, Vietnam and Indonesia consolidated their positions with double-digit export growth. On the import side, the US and Germany reversed their import declines in 2023, which suggests a resurgence in global demand
Portuguese B2B shoe platform Dportus enters the market
Created by Diogo Ribeiro, grandson of the founder of Campeão Português, the B2B platform dportus allows footwear manufacturers to showcase their collections, know-how and services
Paula Maestro from AIMPLAS: the ECOFAP project was born to give a useful life to the waste of the footwear industry
We spoke to Paula Maestro, a researcher at AIMPLAS and of the ECOFAP project, which aims to solve the problem of recycling leather offcuts in footwear manufacturing. We talked about the projects’ objective, partnerships and anticipated impact on the sector
Footasylum reports strong full year results
The British sportswear retailer has reported “another year of record revenue and profit” in the fiscal year 2025, as it continues its digital-first strategy and ongoing store expansion
Join the 12th edition of the World Footwear Business Conditions Survey
The WorldFootwear.com is asking all experts within the footwear industry to share their views on the current business situation. Join the new edition of the World Footwear Business Conditions Survey. WE WANT TO HEAR YOU!
Franklin R. Bracken to drive Lace Up Plan as President of Foot Locker
Franklin R. Bracken, Executive Vice President and Chief Commercial Officer of Foot Locker, has been appointed President, effective immediately. He will be responsible for driving the Lace Up Plan
Shoe Carnival outlines growth strategy for Shoe Station banner
As it reported its fourth quarter and full year 2024 results, the US-based footwear retailer has unveiled a strategy to “rapidly scale up Shoe Station” into a national footwear retailer
Schuh transforms post consumer waste into store fixtures
The British footwear retailer Schuh has teamed up with waste design studio Are You Mad to transform its post-consumer waste into usable and creative objects for its store fixtures
Stella Holdings with net income growth of 21% in 2024
The Hong Kong-based footwear group said its net income grew by 21% year-on-year in 2024, as it continues to invest to meet its Three-Year Plan targets
Caleres reports fourth quarter and full year sales decline
As it continues to invest in initiatives to support long-term growth, the US-based company has reported an 8.3% year-on-year decline in net sales in the fourth quarter and a 3.4% year-on-year decline in full year net sales
New Generation: meet Carina Pereira
Carina Pereira has a degree in physiotherapy and has been working in the family business for 12 years. Founded in 2005, the Portuguese company Calçado Albano Pereira produces shoes for men, women and children
A quarter of a million jobs lost in five years in the UK retail sector
The UK retail sector has lost nearly a quarter of a million jobs over the past five years, according to the latest data from the Office for National Statistics (ONS), highlighting the sector’s ongoing struggles
3D printing in footwear is particularly valued in the early stages of production
In the 11th edition of the World Footwear Business Conditions Survey, we asked our experts about their opinion on the impact of 3D printing in the footwear industry. Read the main conclusions now
Designer Brands returns to comparable sales growth in the fourth quarter
The US-based company highlighted a return to comparable sales growth in the fourth quarter of fiscal 2024 as a sign of the success of its strategic initiatives. Despite short-term pressures, the company is optimistic about 2025
Brazilian footwear exports benefit from the strong dollar at the start of the year
The Brazilian footwear industry showed positive export performance in volume and value between January and February, benefiting from the strength of the dollar against the real
Executive reshuffle at LVMH
Frédéric Arnault has been appointed CEO of Loro Piana. Meanwhile, Damien Bertrand has been appointed deputy CEO of Louis Vuitton and Fendi CEO Pierre-Emmanuel Angeloglou joins Dior as deputy CEO
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