News
Lemon Jelly teams up with Balena to launch first 100% circular handbag
The Portuguese brand Lemon Jelly has teamed up with Balena to launch the world’s first 100% circular handbag, hoping to create a movement that can revolutionise the fashion world
Industry is anticipating an increase in the quantity of footwear sold
More than 65% of the respondents of the last edition of the World Footwear Business Conditions Survey expect quantities of footwear traded to increase. The report with the main conclusions of the 11th edition of the survey can be obtained now
Lloyd unveils new brand identity
After changing its name from Lloyd Shoes to Lloyd Lifestyle following its acquisition by Swiss company Arklyz last year, the German footwear company has unveiled its new brand identity
Stella Holdings ends the year on a gloomy note but full year performance holds up
An increase in sports orders helped the Hong Kong-based footwear manufacturer end the year 2024 with revenue up by 3.5% year-over-year, but the fourth quarter ended on a gloomy note
Wolverine Worldwide announces partnership to grow Cat Footwear in the UK
The US-based company has partnered with the British footwear distributor Chapters Brand Group to grow the Cat Footwear brand in the UK. Wolverine is the global footwear licensee for the brand
Spain Retail: will the positive momentum hold up?
Fashion retail sales were generally positive from July to November 2024, but will this trend continue? While we await official data on year-end sales, the negative footwear inflation seen in October and November, combined with a rise in consumer confidence, may have helped to boost spending. And with import figures showing that retailers were stocking up, let’s hope the holidays were the reason, as a recent dip in retail confidence could be just the bad news the sector didn’t need to hear at the start of the year
Next raises full year profit outlook
Following a strong Christmas trading period, the British fashion retailer has raised its profit before tax forecast for the current financial year by 5 million British pounds to 1.010 billion British pounds
Under Armour appoints SVP of global brand and Americas marketing
The US-based sportswear company has appointed Tyler Rutstein, who has previously worked at adidas and Overtime, as its senior vice president of global brand and Americas marketing
Vietnamese footwear and leather exports reach 27 billion USD
According to Lefaso, the Vietnam Leather, Footwear and Handbag Association, the country's footwear and leather exports reached 27.04 billion US dollars in 2024, an increase of 11.45% year-over-year. Export growth is estimated at 10% for 2025
New Look to accelerate store closures ahead of tax changes
The British fashion retailer is reportedly accelerating its store closure campaign ahead of tax rises in the UK’s next budget. It’s feared more retailers will follow in its footsteps
Dr. Martens global creative director steps down after a decade with the company
Dr. Martens Creative Director Darren McKoy is stepping down from his position after a decade with the footwear company. No replacement has yet been announced
Alliance France Cuir launches campaign in defence of leather
“Rien n’imite le cuir aussi bien que le cuir” is the new campaign launched by Alliance France Cuir to defend the quality of leather against similar materials of vegetable origin
Geox launches five-year plan to reach over 850 million euros in revenue
The Italy-based company, known for its breathable footwear technology, has launched a five-year plan aimed at bolstering the business that includes 120 million euros of investment
Footwear Consumption to increase by 8.4% in 2025
The 11th edition of the World Footwear Business Conditions Survey results are now available. Despite the uncertain scenario, the expectation of our experts is for growth in footwear consumption in 2025. Europe stands out as it will continue stagnant
New Generation: Armando Cabral
He appeared as a model at an early age and walked the world’s most important catwalks. Now, he is taking his first steps on the business side, with the opening of his new store on Fifth Avenue in New York. This is Armando Cabral
Italy: footwear exports continue downward trend
The third quarter of the year did not bring a turnaround in the sector’s difficult situation, resulting in a cumulative decline of 9.2% in the value of footwear exports between January and September
Italian and Scottish brands unite for European shoe collections
Nice Footwear, through Nice Brand Lab, deepens its collaboration with Scottish fashion brand Lyle & Scott to create and distribute exclusive footwear collections across Europe
FICE appoints a new Secretary General
The Spanish Federation of Footwear Industries (FICE) has appointed Salvador Gómez as Secretary General. He succeeds Marián Cano, who has joined the local government of the Autonomous Community of Valencia
US holiday retail sales up by 3.8% as consumers prioritised value
US retail sales rose by 3.8% year-over-year from November to Christmas, according to Mastercard Spending Pulse, as consumers prioritised getting the best deal and digital-first shopping
Indian footwear industry aims to reach 26 billion USD by 2030
The Indian footwear industry is targeting a market size of 26 billion USD by 2030, including 8 billion USD in export revenues. The footwear components segment is expected to be key in achieving this goal
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