Shoes
Owner of Athlete’s Foot acquires Lloyd Shoes
The Swiss-based Arklyz Group has added another footwear brand to its portfolio by acquiring the German Lloyd Shoes from Ara Group, with all its operating subsidiaries
New leadership appointments announced at Allbirds
The US-based sustainable footwear brand has promoted Kelly Olmstead, formerly SVP of Brand & Marketing, to Chief Marketing Officer, and appointed Adrian Nyman to the newly created role of Chief Design Officer
Designer Brands appoints Andrea O'Donnell as Brands President
The North American footwear company has appointed Andrea O'Donnell to the role of Brands President and Executive Vice President of Designer Brands, effective from the 29th of January 2024
More than 1 800 brands expected at The Atlanta Shoe Market
The US footwear trade event is set to host more than 1 800 brands at its next edition, which will take place from the 17th to the 19th of February at the Cobb Galleria Centre in northwest Atlanta
Birkenstock posts double-digit revenue growth
The German footwear company reported a 20% increase in revenue for its fiscal 2023, as compared to the previous fiscal year, with growth across all regions and channels
Stella Holdings full year revenue declines
The footwear manufacturer posted an unaudited consolidated revenue decline of 8.5% in 2023, on a comparable basis to the prior year, but posted a positive performance in the fourth quarter
100th edition of Expo Riva Schuh & Gardabags attracts 9 000 buyers
The organisers said that the number of buyers who attended the last edition of the trade fair exceeded “all expectations for a market facing such challenging circumstances”
Footwear industry with optimistic expectations for the future
In the latest edition of the World Footwear Business Conditions Survey, our panel members predicted an increase of 7.3% in footwear prices over the next six months. Get free access to the report with the main conclusions
361 Degrees provides fourth quarter update
The Chinese-based company has issued an operational update on its fourth quarter performance, with retail sales of its 361º Kids brand standing out with 40% year-over-year growth
Global slowdown in international footwear trade
A sluggish demand in two of the main areas for footwear consumption, the US and Europe, resulted in a global slowdown in international trade throughout 2023. Check the snapshot of the performance of the main players with the figures known so far
Burberry warns on profits as luxury demand slows
The British luxury group has once again cut its profit guidance for fiscal 2024, following a period of weak sales in December. It also warned of tough times ahead for the luxury sector as demand wanes
Spanish footwear companies bet on internationalisation despite economic slowdown
Spanish companies continue to work towards internationalisation, despite the difficult period the footwear sector is experiencing due to inflation and falling consumption, says FICE
Wolverine Worldwide sells Sperry to ABG
Authentic Brands Group (ABG) has acquired the Sperry brand from Wolverine Worldwide for 130 million USD, bringing on board the Aldo Group to design, manufacture and distribute the brand globally
Brazil closes 2023 with exports in the red
The performance of Brazilian footwear on the US market dragged down annual results. Last year, exports in this category fell by 16.6% in volume and 10.8% in value, as compared to 2022
Wolverine Worldwide confirms 2023 results in line with previous guidance
In the midst of “the stabilisation phase” of its “strategic transformation” plan, the US-based company has confirmed its guidance for both the fourth quarter and fiscal year 2023-
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