News
José Fernando Bello from CICB: the Brazilian leather industry is fully committed to sustainability
Ahead of the CICB Sustainability Forum, which will take place on the 13th of March during the Fimec trade fair in Brazil, we spoke to the Executive President of CICB, José Fernando Bello, about his expectations for the event and his views on sustainability in the leather industry
Arche goes into administration
The French footwear manufacturer has gone into administration due to a complex situation in the domestic and international markets. While the process runs its course, the company will continue to operate
Footwear consumption to grow by 9.5% in 2024
In the latest edition of the World Footwear Business Conditions Survey, we asked our panel about their expectations regarding the evolution of footwear consumption in the next year. Learn all about it in this new article
Ugg turns leftover leather and suede into a new footwear collection
The Deckers-owned brand has used surplus stock and cuttings from the last few seasons to launch ReImagined by Ugg, which reimagines two of Ugg's classic styles
US market and handbags fuel growth for Kurt Geiger
The British footwear and accessories brand has reported strong annual results, driven by a successful international expansion strategy, particularly in the US, and “flourishing” handbag sales
Sam Edelman expands into four new categories
The Caleres-owned footwear brand has signed four new licensing deals to expand all its three brands – Sam Edelman, Circus NY by Sam Edelman and Sam & Libby – into new categories
Lower sales volumes impact Alpargatas’ full year revenue
The parent company of Havaianas and Rothy’s posted a decline in revenue and profits in 2023, mainly driven by lower volumes sold in both domestic and international markets
Interview with Miguel Pomares from Ecoalf
At the latest edition of the World Footwear Congress in Istanbul, we took the opportunity to speak with Miguel Pomares, Senior Footwear Specialist at the Spanish-based brand Ecoalf. Read the interview today
UK Retail: challenging times may be ahead after disappointing fourth quarter in 2023
Retail sales of clothing and footwear disappointed in the last quarter of the year after a promising start on Black Friday. This is not particularly surprising given that prices in the category fell more slowly than overall prices and items remain relatively more expensive, making consumers more cautious in their choices. There are some long-term positive signs for retailers when it comes to consumer confidence, but there are likely to be some bumps in the road in the meantime
Farfetch CEO José Neves steps down
Following Farfetch’s acquisition by South Korea’s Coupang in December, José Neves, who founded the luxury e-commerce platform in 2008, is stepping down from the CEO role
New Generation: meet Guilherme Teles Baptista
Get The Balance is a Portuguese brand of sustainable sneakers with avant-garde design that has just been launched. Find out more about this journey from the man responsible, Guilherme Teles Batista
Pressure on the cost of materials continues to rank as the main difficulty for the business
In the latest edition of the World Footwear Business Conditions Survey, 46% of the surveyed experts listed the cost of merchandise and raw materials as the number one difficulty for footwear businesses in the next six months
CICB Sustainability Forum programme already available
The CICB Sustainability Forum 2024 will be held on the 13th of March during the Brazilian trade fair Fimec and will focus on the topic Links for Traceability. Find out more about the speakers
H&M plans up to 588 job cuts in Spain
The Sweden-based retailer plans to close a fifth of its stores and lay off up to 588 employees in Spain. H&M currently operates 133 stores in the country and employs nearly 4 000 people
A strong year 2023 for Crocs
The US-based casual footwear brand delivered a strong performance in 2023, with revenue and diluted earnings per share up by 11.5% and 46.8%, respectively, as compared to the prior year
Puma names new head of global brand strategy
The German-based company has named Julie Legrand as Senior Director of Global Brand Strategy. She has been tasked with the definition and execution of Puma’s strategy to increase brand awareness
Milan’s trade fairs are just around the corner
Nearly 3 000 brands will be present from the 18th to the 22nd of February at MICAM, Mipel, TheOneMilano, Milano Fashion&Jewels and Lineapelle, taking place under the motto #GREATIFY
Shoe Carnival Acquires Rogan’s Shoes
The US-based retailer has announced the acquisition of the 53-year-old footwear company Rogan’s Shoes for 45 million US dollars. It has also released preliminary results for its fiscal 2023
Deckers appoints Robin Green as President of Hoka
The California-based company has appointed Robin Green to the role of President of the Hoka brand. She most recently served as global vice president of Men’s Running and Fitness at Nike
Hermès posts full year revenue growth
The French-based luxury group reported “an outstanding performance” across all regions in 2023, with total revenue up by 21% year-on-year at constant exchange rates to 13.42 billion euros
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