Companies
Burberry announces full-price sales increase
The UK-based luxury group has reported that, in the third quarter of fiscal 2022, full-price sales increased driven by a strong performance in outwear and leather goods and in the US market
Coach partners up with Savory Institute
The subsidiary of Tapestry has teamed up with the Savory Institute’s Land to Market Programme to support the regenerative agriculture movement, reducing its impact on climate change
Puma discloses preliminary results for the year of 2021
The German-based sportswear giant is expecting currency-adjusted sales growth of approximately 14% in the fourth quarter, despite the negative impact of the COVID-19 pandemic
La Maison des Startups LVMH chooses 23 new startups
The luxury group has selected 23 new startups to join in the accelerator programme La Maison des Startups LVMH, which fosters the development of innovative solutions for the luxury industry
Prada confirms robust growth in 2021
In a preliminary update, the luxury group has announced that sales bounced back above pre-pandemic levels. Revenue for the full year of 2021 reached 3.36 billion euros
American Exchange Group to acquire Aerosoles
The US-based designer, manufacturer and wholesaler has announced that it will buy the assets of the luxury comfort footwear brand to drive business opportunities growth
Roberto Vago (ASSOMAC): sustainability is not a marketing idea, but a realistic idea
Today, we bring the highlights of a conversation with Roberto Vago, Managing Director of Assomac, the National Association of Footwear, Leathergoods and Tanning Technologies' Manufacturers in Italy. We have talked about the impacts of COVID-19, sustainability and Industry 4.0, amongst other topics
Coats launches fibre-laying technology for footwear
The British industrial thread manufacturer has launched Lattice Lite Eco, which uses sustainable materials, to create footwear composite materials
Stella posts growth over 2021
The Hong Kong-based footwear manufacturer and retailer has reported that its unaudited consolidated revenue for 2021 increased by 35.6% over 2020, reaching 1.54 billion US dollars
Pou Sheng strengths partnership with Nike in China
Yue Yuen’s retail subsidiary Pou Sheng International has boosted its cooperation with Nike to offer a more convenient and personalized omnichannel retail experience
Timberland launches take-back programme
The Timberloop scheme enables customers to return any used footwear and apparel to give them a new life. It is part of the VF-Corp-owned-brand goal of reaching full circularity by 2030
Digital, digital and more digital
Digital channels are increasingly important and during the onset of the COVID-19 pandemic, many retail businesses had to quickly adjust from in-store to digital sales. More then ever, the focus seems to be on the digital
JD Sports improves full year outlook
The UK-based retailer improved its annual profit forecast for the second time in four months, underlining the positive performance during the holidays
Imanol Martinez (FICE): sustainability is an opportunity for producers in Southern Europe
Today we bring you the second part of a conversation with Imanol Martinez, Marketing Director of FICE, the Federation of Spanish Footwear Industries. Learn his views on sustainability and challenges of the footwear industry as we are coming out of the COVID-19 crisis
Sorel launches inclusive footwear line with Zappos
The brand teamed up with Zappos to introduce modifications and features to three of its iconic silhouettes to make them accessible to everyone. The line is exclusively available on Zappos adaptative-
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