News
Swiss sportswear company On delivers strong 2024 results
The Swiss-based sportswear company delivered a strong 2024 performance, with double-digit net sales growth across channels, regions and product segments
Benjamin Majster: Last Engineers supports brands to achieve their sustainability goals
We continued our conversation with Benjamin Majster, CEO of Last Engineers, about how the platform encourages collaborations between design and production teams, sustainability and the future prospects of the startup
Portuguese footwear industry bets on next-generation products
As part of the BioShoes4All project, a new range of products with greater durability and a lower environmental footprint is being finalised and is about to hit the market
Robust fourth quarter for Grendene
The Brazilian owner of the Melissa and Ipanema brands ended the year 2024 with a strong quarterly performance in terms of revenue, operating performance and profitability
Prada reports strong full year 2024 as it eyes Versace purchase
The Italy-based luxury group has reported a full year revenue growth of 17% over 2023, well-above market. The results came as talks of a takeover of Versace from Capri Holdings became public
Crocs offers Jibbitz customisation with AI-powered design platform
The US-based casual footwear company has partnered with the AI-powered fashion design platform Ablo to allow consumers to create one-of-a-kind Jibbitz charms
Saks Global to cut around 5% of its US corporate staff
Saks Global is laying off about 5% of its US workforce, Bloomberg reported, as the department store continues to integrate its recent acquisition of Neiman Marcus
Assomac supports internationalisation efforts
The Italian Association of Tanning, Shoe and Leather Goods Machinery Manufacturers (Assomac) is supporting the internationalisation efforts of the sector in key markets such as India, Hong Kong and Pakistan
Steve Madden ends 2024 on a strong note
Steve Madden ended the year 2024 with strong revenue growth. Despite the cautious near-term outlook, the company is optimistic for 2025 and expects the pending acquisition of Kurt Geiger to be another growth driver
Portuguese Shoes campaign reaches 28 million people
Promoted by the Portuguese Footwear, Components, Leather Goods Manufacturers’ Association, the international advertising campaign for Portuguese Shoes reached around 28 million people worldwide in 2024
More buyers at the last edition of Lineapelle
Amid an “economic phase that still presents significant challenges”, the February edition of Lineapelle closed with a 7% increase in buyers compared to the previous edition in September
Under Armour hires former Estée Lauder executive to lead its AI and analytics efforts
The sportswear company has appointed Liz Bacelar, the former executive director of global tech innovation at Estee Lauder, to lead its new artificial intelligence and advanced analytics division
Benjamin Majster (Last Engineers) envisions a future where footwear customisation becomes standard
We spoke to Benjamin Majster, CEO of Last Engineers, his French startup that focuses on delivering the “perfect fit” for shoe lasts. In part 1 of the interview, we talked about the fit issue, his solution and Last Engineers’ focus on customer satisfaction
Shein seeks to reassure investors amid US policy changes
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule
Strong full year 2024 for Alpargatas
The Brazilian company, which owns the Havaianas and Rothy’s brands, has reported a strong fiscal 2024, with significant increases in net sales and profitability
Rocky Brands reports solid fourth quarter
The US-based footwear manufacturer has reported a solid fourth quarter in 2024, resulting in a minor drop in net sales for the full year. Overall, Rocky Brands is optimistic about near-term prospects
Rising domestic demand drives footwear production in Brazil
Footwear production increased by 3.5% last year, as compared to 2023, driven by rising domestic demand. Growth could have been higher without the “invasion” of imported shoes, says Abicalçados
40 449 trade visitors at the last edition of MICAM and its sisters fairs
MICAM Milano, Milano Fashion&Jewels, MIPEL and The One Milano ended their last editions with 40 449 trade visitors, 45% of whom were international, representing 127 countries
Birkenstock posts a 19% revenue growth in the first quarter
The German-based company has reported a first quarter revenue growth of 19% year-on-year on a reported and constant currency basis, driven by strong holiday demand across all segments, channels and categories
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