News
Footwear production rebounds in 2024
Last year, global footwear production recovered, increasing by 6.9% and regaining the 1.5 billion pairs lost in 2023. This is one of the key conclusions of the data published in the World Footwear Yearbook 2025, recently released by APICCAPS, the Portuguese Footwear Association
Grendene reports second quarter growth
The Brazilian parent company of the Melissa and Ipanema brands has posted another strong quarterly performance, highlighting the growth in sales to foreign markets
Wolverine Worldwide launches junior board
The US-based outdoor company has now set up an advisory board consisting of 11 early-career professionals, with the aim of further strengthening its culture of innovation and collaboration
Cristiano Magnoni from Crimagno Earth: we design with purpose
We spoke with Cristiano Magnoni, founder of Crimagno Earth, to learn more about his footwear venture. As his goal is not simply to create footwear, but rather to rethink what shoes can be, we explored his industrial approach to design, use of sustainable materials, local sourcing and his perspective on the sector
Crocs delivers solid second quarter but lowers guidance on macro headwinds
The US-based footwear company reported a solid performance in the second quarter of the year. However, it lowered its revenue guidance for the next quarter due to macroeconomic headwinds
Capri Holdings reports encouraging first quarter results
The owner of Michael Kors and Jimmy Choo reported first quarter results that exceeded revenue and profitability expectations, following the removal of Versace from its financial statements
Authentic Brands to acquire the majority of Guess?'s intellectual property
Authentic Brands Group has reached an agreement with lifestyle brand Guess? to acquire a majority stake in its intellectual property in a deal valued at approximately 1.4 billion USD
Brian Costello appointed as President of Famous Footwear
US-based footwear company Caleres has appointed Brian Costello as President of Famous Footwear. He joined the retail chain earlier this year as Chief Merchandising Officer
Wolverine Worldwide posts sound second quarter performance
The US-based outdoor company has reported strong performance in the second quarter, driven by growth of the Merrell and Saucony brands and sound profitability gains
Strong second quarter for Zalando
The Germany-based online fashion retailer has experienced growth in revenue and profit in the second quarter. Investment in AI technology will now form part of its strategy for expanding its customer base
Global Footwear Exports Increase in 2024 and China Continues to Lose Share
This is one of the main conclusions of the data published in the World Footwear Yearbook 2025, recently released by APICCAPS, the Portuguese Footwear Association
Geox reports improved profitability in the first half
Despite a continued decline in demand due to challenging market conditions, Geox reported an improvement in profitability during the first half of 2025 thanks to cost-cutting measures
Ferragamo launches action plan amid worsening performance
Ferragamo has reported a weak first half due to a tough consumer environment and difficult wholesale conditions. In response, it has devised an action plan focusing on products, communication and distribution
Amazon delivers strong second quarter results
The Seattle-based e-commerce giant has delivered strong second quarter results as it continues to invest in artificial intelligence to improve customer experience across segments
US-China tariff truce extended by 90 days
US President Donald Trump has signed an executive order delaying the introduction of higher tariffs on Chinese goods by a further 90 days, while negotiations between the two countries continue
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