News
Genesco reports sales growth in the third quarter
The US-based company positively adjusted its 2025 guidance, driven by solid e-commerce growth, improved consumer experiences and robust sales momentum at Journeys during the third quarter
Merrell appoints Noreen Naroo-Pucci as Chief Product Officer
The brand has appointed Noreen Naroo-Pucci as Chief Product Officer, as part of its strategy to meet the growing demand for footwear that transitions from outdoor adventure to everyday life
Another quarterly decline in net sales for Designer Brands
The US-based footwear retailer has reported a 2.6% year-over-year decline in third quarter net sales, as unseasonably warm weather and continued macroeconomic uncertainty weighed on consumer spending
Rising carbon costs of wasted hides highlight worldwide challenge
Shifting fashion preferences for synthetic materials over leather are driving up hide waste, with figures showing growing emissions and missed sustainability opportunities across the globe
LAST CALL! Join the 11th 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!
New CEO appointed to head up AstorMueller
Andreas Wortmann has been appointed as Chief Executive Officer (CEO) of the Swiss shoe manufacturer AstorMueller, the licensee of Bugatti shoes worldwide
SHOE 5.0: empowering the footwear workforce with AI and AR on the way to the 5.0 industry
The Shoe 5.0 consortium has identified five key profiles for the footwear industry 5.0 and is working on innovative essential units that use AI and AR to bring them to life. CTCP is a partner in this project
UK retailers eye continued growth from Black Friday sales
Following a slow start to the festive season and subdued consumer confidence, UK retailers are hopeful that Black Friday's boost in spending will sustain momentum in the lead-up to Christmas
Gucci fully acquires Colonna Group tannery
Gucci Logistica, a subsidiary of Kering, has increased its stake in the Colonna Group to 100% for an undisclosed sum, thus strengthening its investment in the leather industry
EU and Mercosur conclude free trade negotiations
Last Friday, the European Union and the Mercosur bloc agreed on the much-delayed free trade agreement. The deal is now subject to approval by the Council and Parliament
Katrin Ley from Fashion for Good: shifting the fashion industry towards circularity by championing innovations
We spoke to Katrin Ley, Managing Director at Fashion for Good, a global platform for innovation. Among other topics, we talked about how Fashion for Good is driving circularity in the fashion and footwear industries through a collaborative approach
ThredUp divests its European business
The US-based online platform has sold European business Remix in a management buyout, enabling both companies to prioritise market strengths and drive targeted growth under separate leadership
Skechers' BOBS initiative reaches major charitable milestone
The US-based company surpassed 12 million US dollars in donations through the sales of BOBS products, which has helped over 2.2 million shelter pets across the US, Canada, the UK and Japan
Wolverine Worldwide's Work Group appoints new Chief Product Officer
Mike Maloney, with two decades in the footwear industry, will lead product innovation, merchandising and marketing strategy for the Work Group's diverse brand portfolio, including Wolverine Worldwide
Mauro Bergozza takes the helm of Assomac at a challenging time for the industry
Mauro Bergozza, CEO of Bergi, has been chosen to succeed Maria Vitoria Brustia at the helm of Assomac at a time when exports of footwear and leather machinery are in decline
Foot Locker stumbles in the third quarter
The US-based sports retailer has stumbled again in the third quarter of its fiscal year, as total sales fell after the peak of the back-to-school season amid a heightened promotional environment
OrthoLite significantly expands its operations in India
Thanks to solid leadership in the region, OrthoLite has increased its Indian footprint by adding leather insole production and strengthening local manufacturing to support 61 brand partners
E-commerce led the way on US Black Friday
US retail sales were up by 3.4% on Black Friday compared to the same day last year, according to Mastercard SpendingPulse, driven by a significant 14.6% increase in online sales
Mango reaches US expansion goals ahead of schedule
The Spanish fashion group has reached its goal of having 40 of its stores in the US by the end of 2024 ahead of schedule and even plans to surpass it with 42 stores open by the end of the year
Kering leads the fashion industry with science-based targets for nature
The French group became the first fashion company to set measurable science-based goals for reducing water use and land footprint, including both its direct operations and supply chain
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